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CHAR Tech Advances Renewable Energy Project with New Kiln

CHAR Tech Advances Renewable Energy Project with New Kiln

CHAR Tech Moves Forward with Kiln Installation

CHAR Technologies Ltd. (“CHAR Tech”) (TSXV:YES), a frontrunner in sustainable energy innovations, recently announced that the initial commercial High Temperature Pyrolysis (HTP) kiln has arrived at the Thorold Renewable Energy Facility. The installation of this kiln marks a significant step forward in the facility’s development, with the feedstock handling line conveyors also being set up. These developments are crucial as the project aims for the commencement of biocarbon production.

Production Goals and Future Plans

Phase 1 of the Thorold facility is designed to transform a substantial amount of wood waste—up to 35,000 tonnes annually—into over 5,000 tonnes of biocarbon each year. This biocarbon is set to be utilized primarily by ArcelorMittal Dofasco, Canada’s leading flat roll steel manufacturer. This collaboration, established under a previously announced offtake agreement, aims to decrease fossil carbon usage in steelmaking processes.

Expansion Plans

Following the successful completion of Phase 1, CHAR Tech is poised to initiate Phase 2 of the facility’s construction. This phase involves the installation of a second HTP kiln, which will double the production capacity, as well as the addition of methanation equipment. This equipment will upgrade synthetic gas to Renewable Natural Gas (RNG), alongside constructing an onsite natural gas injection point. Ultimately, the Thorold Renewable Energy Facility is expected to achieve its full commercial production capacity by 2026.

CEO’s Vision for Progress

Andrew White, CEO of CHAR Tech, expressed enthusiasm regarding the kiln installation. "This milestone signifies a pivotal moment for the Thorold project. Our team, alongside our partners at BMI, has ensured that the construction has remained on a robust timeline, leading us to this final phase of installation. We are excited to initiate commercial operations come January," White stated.

About CHAR Technologies Ltd.

CHAR Tech, listed on the TSXV under ticker YES, leads in innovative HTP technology that efficiently processes otherwise unusable wood and organic waste. This technology not only generates renewable energy but also a solid biocarbon that serves as a carbon-neutral alternative to coal in metallurgical applications. CHAR Tech embodies the principles of the green energy transition by diverting waste from landfills and producing sustainable clean energy for heavy industries.

Commitment to the Environment

With its advanced HTP process, CHAR Tech is positioned as an essential contributor to sustainable energy solutions. The company's focus on waste conversion directly supports global decarbonization efforts, reinforcing its commitment to environmental stewardship and innovation.

Contact Information

For more information regarding CHAR Technologies or its initiatives, interested parties can reach out to:

Andrew White
Chief Executive Officer
CHAR Technologies Ltd.
Email: andrew.white@chartechnologies.com
Phone: 866 521-3654

Galen Cranston
Director of Stakeholder Relations
CHAR Technologies Ltd.
Email: gcranston@chartechnologies.com
Phone: 647-546-5633

Frequently Asked Questions

What is CHAR Technologies known for?

CHAR Technologies is known for pioneering sustainable energy solutions through its innovative HTP technology, which converts waste into biocarbon and renewable gases.

When is the Thorold Facility expected to begin production?

The biocarbon production at the Thorold Facility is anticipated to commence in January 2026.

Who is the primary partner for biocarbon usage?

ArcelorMittal Dofasco, Canada’s largest flat roll steel producer, will primarily utilize the biocarbon produced at the Thorold Facility.

What is the planned expansion for CHAR Tech?

After Phase 1, CHAR Tech plans to proceed with Phase 2, which involves the installation of an additional kiln to enhance production capacity significantly.

How does CHAR Tech's technology benefit the environment?

CHAR Tech's technology repurposes waste materials, reducing landfill usage and generating renewable energy that contributes to global decarbonization efforts.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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