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Nova Sustainable Fuels has received conditional approval from Nova Scotia's Minister of Environment and Climate Change for an environmental assessment of its proposed renewable energy park in Goldboro, Guysborough County. This project aims to produce sustainable aviation fuel (SAF) and renewable methanol, targeting an annual production of 165,000 tonnes of aviation fuel with 85% fewer carbon emissions than conventional jet fuel.

The company plans to gasify 750,000 tonnes of woody biomass annually and requires approximately 575 cubic metres of fresh water per hour from local sources. The project is financed by Octopus Energy Generation, which manages a portfolio worth over $10 billion CDN. The site was previously owned by Pieridae Energy, which had plans for a Liquefied Natural Gas (LNG) plant.