{"id":15873,"date":"2025-03-13T14:54:33","date_gmt":"2025-03-13T14:54:33","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/13\/charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities\/"},"modified":"2025-03-13T14:54:33","modified_gmt":"2025-03-13T14:54:33","slug":"charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/13\/charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities\/","title":{"rendered":"CHARBONE Hydrogen and ABB Sign Agreement to Advance North American Green Hydrogen Production Facilities"},"content":{"rendered":"<\/p>\n<div>\n<p> (TheNewswire) <\/p>\n<div>\n<\/div>\n<p><span> Collaboration sets ABB as preferred supplier of modular and standard electrical substations, with future scope for automation solutions <\/span><\/p>\n<p><span> Agreement will enable Charbone to progress green hydrogen production in both Canada and the United States <\/span><\/p>\n<p><span> Supports the Qu\u00e9bec government\u2019s 2030 energy roadmap to reduce consumption of petroleum products by one billion liters per year <\/span><\/p>\n<p>Brossard, Quebec TheNewswire \u2013 March 13, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the \u2018Company\u2019 or \u2018CHARBONE\u2019), North America\u2019s only publicly traded pure-play green hydrogen company, is thrilled to announce the signing of a Memorandum of Understanding (MoU) agreement with ABB to collaborate on the development of up to 15 modular and scalable green hydrogen production facilities across North America over the next five years, providing a clean fuel source for existing hydrogen users and heavy industrial processes such as steelmaking, which currently use grey hydrogen as an energy source.<\/p>\n<p><a href=\"https:\/\/investingnews.com\/charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities\/\" target=\"_blank\"><\/a><span> The MoU scope positions ABB as the preferred supplier for the design, engineering, fabrication, testing and supply of modular and standard electrical substations (eHouses) for the interconnection between production facilities and local utilities. ABB will support CHARBONE standardizing basic engineering for systems and components across its project portfolio, to increase energy efficiency and reliability. Future scope may also see ABB operate as the main automation, electrification and telecom contractor depending on project requirements <\/span><span> . <\/span><\/p>\n<p><span> Among the sites covered by the collaboration is CHARBONE\u2019s flagship Sorel-Tracy facility near Montreal in Qu\u00e9bec, Canada. The facility is expected to be connected to the Hydro-Qu\u00e9bec grid by the end of quarter two in 2025, using hydro electricity to power green hydrogen electrolyzers. The plant will create a blueprint for the design and engineering of modular and scalable equipment for other sites being developed by Charbone. The next project to get underway will be in the greater Detroit area in the USA, which is the manufacturing base for major automotive companies. <\/span><\/p>\n<p><span> \u2018 <\/span><span> This strategic collaboration with ABB is a strong and significant signal about our proposition for the North American green hydrogen market <\/span><span> , <\/span><span> \u2018 <\/span><span> said Daniel Charette, Chief Operating Officer of CHARBONE <\/span><span> . <\/span><span> \u2018 <\/span><span> With the Sorel-Tracy project moving quickly to on-site activities and the capabilities of plug and play modular approach to get production starting in a minimal number of weeks, Charbone will support the decarbonization of industry. <\/span><span> \u2018 <\/span><\/p>\n<p><a href=\"https:\/\/investingnews.com\/charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities\/\" target=\"_blank\"><\/a><span> Government du Qu\u00e9bec has developed a localized Green Hydrogen and Bioenergy Strategy to support the deployment of hydrogen and bioenergy to power industrial sectors such as transportation, primary metals and chemicals. It identifies green hydrogen and bioenergy as having the potential to reduce Qu\u00e9bec\u2019s consumption of petroleum products by nearly one billion liters a year by 2030. This could cut the region\u2019s greenhouse gas emissions by four megatons of carbon dioxide a year \u2013 the equivalent of removing 1.2 million gasoline-powered vehicles from the roads <\/span><span> . <\/span><\/p>\n<p><span> \u2018 <\/span><span> Green hydrogen has an important role to play in the transition towards a low carbon energy future <\/span><span> , <\/span><span> \u2018 <\/span><span> said Per Erik Holsten, President of ABB Energy Industries <\/span><span> . <\/span><span> \u2018 <\/span><span> We are proud to collaborate with Charbone on its strategy to develop and grow green hydrogen production facilities across North America, enabling an important sector to scale and supporting industries to outrun leaner and cleaner. <\/span><span> \u2018 <\/span><\/p>\n<p><span> In addition to the MoU, Charbone will acquire ABB\u2019s Extended Operator Workplace (EOW) system for all the planned facilities and a main operator workplace to monitor all the facilities in North America from CHARBONE\u2019s headquarters. The EOWs \u2013 the first to be installed in green hydrogen <\/span><span> production plants in North America \u2013 will enhance production and reduce downtime via 24\/7 monitoring from local and remote-control centers. <\/span><\/p>\n<p><span> Global hydrogen demand, largely concentrated in the refining and chemical sectors, reached 97\u00a0megatons (Mt) in 2023, representing an increase of 2.5 percent year on year. Low-emissions hydrogen production was less than 1\u00a0Mt, but it could reach 49\u00a0Mtpa by 2030 based on announced projects. <\/span><\/p>\n<p><span> About Charbone Hydrogen Corporation <\/span><\/p>\n<p><span> CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH); the OTC Markets (OTCQB: CHHYF); and the Frankfurt Stock Exchange (FSE: K47). <\/span><span> For more information on Charbone Hydrogen and its projects, please visit <\/span><span><span> www.charbone.com <\/span><\/span> . <\/p>\n<p><span> About ABB <\/span><\/p>\n<p><span> ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this \u2018Engineered to Outrun\u2019. The company has over 140 years of history and around 110,000 employees worldwide. ABB\u2019s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). <\/span><span><span> www.abb.com <\/span><\/span><span> . <\/span><\/p>\n<p><span> Forward-Looking Statements <\/span><\/p>\n<p><span> This news release contains statements that are \u2018forward-looking information\u2019 as defined under Canadian securities laws (\u2018forward-looking statements\u2019). These forward-looking statements are often identified by words such as \u2018intends\u2019, \u2018anticipates\u2019, \u2018expects\u2019, \u2018believes\u2019, \u2018plans\u2019, \u2018likely\u2019, or similar words. The forward-looking statements reflect management\u2019s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under \u2018Risk Factors\u2019 in the Corporation\u2019s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. <\/span><\/p>\n<p><span> Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information. <\/span><\/p>\n<p><span> Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release <\/span><span> . <\/span><\/p>\n<div>\n<p><span> Contact Charbone Hydrogen Corporation <\/span><\/p>\n<p><span> Telephone: +1 450 678 7171 <\/span><\/p>\n<p><span> Email:\u00a0ir@charbone.com <\/span><\/p>\n<p><a href=\"https:\/\/investingnews.com\/charbone-hydrogen-and-abb-sign-agreement-to-advance-north-american-green-hydrogen-production-facilities\/\" target=\"_blank\"><\/a><\/p>\n<\/div>\n<p> Copyright (c) 2025 TheNewswire \u2013 All rights reserved. <\/p>\n<\/p>\n<\/div>\n<p>News Provided by TheNewsWire via QuoteMedia<\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>(TheNewswire) Collaboration sets ABB as preferred supplier of modular and standard electrical substations, with future scope for automation solutions Agreement will enable Charbone to progress green hydrogen production in both Canada and the United States Supports the Qu\u00e9bec government\u2019s 2030 energy roadmap to reduce consumption of petroleum products by one billion liters per year Brossard, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":15874,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=15873"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/15874"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=15873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=15873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=15873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}