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ORIGINAL: CHARBONE Hydrogen Selected to Present at World Electrolysis North America Pre-Event Webinar: Scaling Up Electrolytic Hydrogen in North America
2024-07-16 07:25 ET - News Release
(via TheNewswire)
Brossard, Quebec, July 16, 2024 – TheNewswire – CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), North America’s only publicly traded pure-play green hydrogen company, is pleased to announce its participation in the upcoming World Electrolysis North America free webinar: Scaling Up Electrolytic Hydrogen in North America on July 17, 2024 at 1:00 PM EDT.
Part of an expert industry panel discussion focused on policy measures, funding and other market activities helping to scale-up electrolyzer deployment for clean hydrogen projects, Chief Operating Officer, Daniel Charette, will introduce CHARBONE’s plans to deliver a network of modular green hydrogen facilities across North America.
With green hydrogen production poised to kick off later this year at its Sorel-Tracy, Quebec facility along with plans to introduce a second Detroit, Michigan area facility before year-end, CHARBONE recently announced its intent to target additional high-potential markets including Chicago, New York, the GTA in Ontario, Wisconsin, Indiana, Pennsylvania, and California. In total, CHARBONE plans to deliver 16 green hydrogen production facilities across North America by 2030 and is actively mobilizing and ensuring the availability of its supply chain of fully integrated electrolyzers ranging up to 2.5 MW, 5.0 MW, 10.0 MW and above. The Company also confirms it is in the process of responding to and proposing projects for two different large-scale RFIs (Requests for Information).
The emphasis being placed on green hydrogen development by both US and Canadian administrations, backed by substantial tax credit incentives, has made the domestic electrolysis market highly attractive to investors. As a result, CHARBONE is designing new ‘fast-build’ production facilities and planning ambitious projects.
The Sorel-Tracy Green Hydrogen Project will serve as the Company’s flagship facility, giving CHARBONE a first-mover advantage with production starting in 2024 with an initial capacity of approximately 400kg. Following a phased development approach, the project will allow to gradually scale up the production of hydrogen. The facility will target a wide array of industrial users who are abandoning fossil-fuel-driven gray hydrogen and opting for a cleaner alternative.
The inaugural World Electrolysis North America large conference in Boston, USA, will bring together electrolytic hydrogen experts, prominent industry leaders, and key stakeholders throughout the North American clean hydrogen landscape to unlock new commercial opportunities and deep insight into the electrolysis ecosystem in the region. Free registration and more information for the July 17 th pre-event webinar can be found here .
About CHARBONE Hydrogen Corporation
CHARBONE is an integrated green hydrogen group focused on delivering a network of modular green hydrogen production facilities across North America. Using renewable energy sources to produce green (H2) dihydrogen molecules and eco-friendly energy solutions for industrial, institutional, commercial and future mobility users, CHARBONE plans to scale and deliver green hydrogen production facilities in both the US and Canada by 2024, with an additional 14 facilities planned by 2030. CHARBONE is the only publicly traded pure-play green hydrogen company with common shares trading on the TSX Venture Exchange (TSXV: CH); the OTC Markets (OTCQB: CHHYF); and the Frankfurt Stock Exchange (FSE: K47). For more information, please visit www.charbone.com