Charbone Hydrogen to break ground on Quebec green hydrogen facility in coming weeks.
Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has announced that the City of Sorel-Tracy and Charbone Hydrogen Québec Inc, a wholly owned subsidiary of Charbone, have finalized all arrangements to move forward on next steps towards site construction of the area’s first green hydrogen facility on land along Highway 30’s ‘Steel Highway’.
The first phase of development of the Sorel-Tracy green hydrogen plant, which will have the capacity to produce approximately 200 kilograms per day, is expected to begin in the coming weeks.
As previously announced, Charbone has tapped renewable energy construction leader EBC to lead project delivery, and all major components and equipment for the facility are reported as being ready for site delivery.
Dave Gagnon, CEO of Charbone, said:
Since Day 1, the Sorel-Tracy Green Hydrogen Project has been considered the Charbone ‘flagship’ to not only demonstrate our capacity to produce green hydrogen,
“but also to showcase our vision of developing a modular network of green hydrogen production facilities that strategically reduce current transport costs and delivery challenges associated with delivering hydrogen directly to customers,”
“Charbone thanks Mayor Patrick Péloquin and his entire team for their extraordinary collaboration and will work hard for the success of the project in Sorel-Tracy to meet the expectations of stakeholders.”
The start-up of the plant and production of the first kilogram of green hydrogen will mark an important achievement for Charbone as the company executes its ‘design and build’ vision to develop a North American network of modular and scalable green hydrogen facilities.
The facility is targeting industrial uses and replacing grey hydrogen with a clean, non-toxic, renewable alternative to fossil fuels.
Charbone has an offtake agreement with Superior Plus in place to leverage the distribution network, including all Charbone green hydrogen production for Quebec and Manitoba.
The land lease, which has a duration of more than 26 years, also includes a community component, in which Charbone has committed to paying the City a royalty on each kilogram produced and sold by this production facility.
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Charbone Hydrogen to break ground on Quebec green hydrogen facility in coming weeks. source
