{"id":2384,"date":"2022-01-26T17:58:24","date_gmt":"2022-01-26T16:58:24","guid":{"rendered":"https:\/\/esgfireat40.frontender.se\/uncategorized\/vicinity-motor-corp-appoints-marketsmart-communications-to-provide-canadian-investor-relations-services-2\/"},"modified":"2023-11-09T18:23:42","modified_gmt":"2023-11-09T17:23:42","slug":"esgfire-portfolio-company-char-technologies-announces-new-biocarbon-renewable-natural-gas-project","status":"publish","type":"post","link":"https:\/\/esgfire.com\/sv\/char-technologies\/esgfire-portfolio-company-char-technologies-announces-new-biocarbon-renewable-natural-gas-project\/","title":{"rendered":"ESGFIRE portfolio company Char technologies announces new biocarbon &#038; renewable natural gas project"},"content":{"rendered":"<p>Company: Char Technologies Ltd<br \/>\nListing: TSX Venture, US OTC<br \/>\nTickers: $YES.V \/ $CTRNF<br \/>\nShare price: 0.40 CAD at time of publication<br \/>\nWebsite:\u00a0<a href=\"https:\/\/www.chartechnologies.com\/\">https:\/\/www.chartechnologies.com\/<\/a><br \/>\nComparable peers:<br \/>\nXebec, $XBC Market cap $297 MCAD<br \/>\nGreenlane renewables, $GRN, Mcap $165 MCAD<\/p>\n<p>&nbsp;<\/p>\n<p><strong>ESGFIRE comment:<\/strong>\u00a0<strong>We are delighted to see this new facility being announced\u00a0by Char Technologies. We estimate the revenue output once fully operational to be $7,5 MCAD per year and the OPEX based on previous information to be around $15 MCAD in total<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) \u2014 CHAR Technologies Ltd. (\u201c<strong>CHAR<\/strong>\u201d or \u201cCompany\u201d) (YES \u2013 TSXV) announces that CHAR will deploy, own and operate a high temperature pyrolysis system (\u201c<strong>HTP<\/strong>\u201d) located adjacent to a biomass power plant on land that has been reserved for CHAR by the City of Saint-F\u00e9licien, Quebec. The facility will produce approximately 5,000 tonnes per year of biocarbon and 250,000 GJ\/yr of renewable natural gas (\u201c<strong>RNG<\/strong>\u201d), for which CHAR has received a letter of interest from the local natural gas utility. The project will be phased, producing biocarbon for metallurgical and carbon credit generation first, to allow for a more rapid deployment and shorter time to initial revenue.<\/p>\n<p>The CHAR facility will leverage the existing biomass handling and processing equipment operated for the \u201cCentre de Valorisation de la Biomasse du Domaine-du-Roy\u201d (\u201c<strong>CVB<\/strong>\u201d) in Saint-F\u00e9licien, Qu\u00e9bec, which allows for significant overall project capital savings. The CVB is a public-private consortium between the local municipality (the MRC du Domaine-du-Roy), the Soci\u00e9t\u00e9 de Cog\u00e9n\u00e9ration de Saint-F\u00e9licien (SCSF, owned by Greenleaf Power) and CharTech Solutions (CHAR\u2019s 100% wholly-owned subsidiary). The CVB has been identified by regional political and economic stakeholders as a priority for the development of the forest sector in the region and in Qu\u00e9bec. This circular economy project is part of the development orientations of the Government of Qu\u00e9bec aimed, among other things, at reducing greenhouse gases and recovering thermal waste.<\/p>\n<p>Andrew White, CEO of CHAR states; \u201cWe are excited to join the collaborative and forward-looking MRC du Domaine-du-Roy through the CVB to deploy CharTech Solutions\u2019 leading HTP system in Qu\u00e9bec and help position the Saguenay-Lac-Saint-Jean region as a leader in advanced biomass processes.\u201d<\/p>\n<p>\u201cWe are very enthusiastic about the arrival of CharTech Solutions in Saint-F\u00e9licien, since this allows us to take an important step in the development of the biomass recovery project,\u201d mentions Mr. Dino Mili of the SCSF.<\/p>\n<p>\u201cThe expertise of CharTech Solutions gives an additional path to the project, in addition to consolidating our desire to become pioneers in the development of this sector in Quebec,\u201d adds the prefect of the MRC du Domaine-du-Roy, Mr. Yanick Baillargeon.<\/p>\n<p><strong>About CHAR<\/strong><\/p>\n<p>CHAR Technologies Ltd. is a cleantech development and services company, specializing in organic waste pyrolysis and biocarbon development, custom equipment for industrial air and water treatment, and providing services in environmental management, site investigation and remediation, engineering, environmental compliance and resource efficiency.<\/p>\n<p><strong>Legal Disclaimer<\/strong><\/p>\n<p><strong>We own shares of these companies personally.<\/strong><\/p>\n<p><strong>Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.<\/strong><\/p>\n<p>Companies may or may not be paying us for content posted on this website.<\/p>","protected":false},"excerpt":{"rendered":"<p>Company: Char Technologies Ltd Listing: TSX Venture, US OTC Tickers: $YES.V \/ $CTRNF Share price: 0.40 CAD at time of publication Website:\u00a0https:\/\/www.chartechnologies.com\/ Comparable peers: Xebec, $XBC Market cap $297 MCAD Greenlane renewables, $GRN, Mcap $165 MCAD &nbsp; ESGFIRE comment:\u00a0We are delighted to see this new facility being announced\u00a0by Char Technologies. We estimate the revenue output [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2385,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[148,5,128],"tags":[],"class_list":["post-2384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-char-technologies","category-reports-news-interviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ESGFIRE portfolio company Char technologies announces new biocarbon &amp; renewable natural gas project - ESG Fire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/esgfire.com\/sv\/char-technologies\/esgfire-portfolio-company-char-technologies-announces-new-biocarbon-renewable-natural-gas-project\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ESGFIRE portfolio company Char technologies announces new biocarbon &amp; renewable natural gas project - ESG Fire\" \/>\n<meta property=\"og:description\" content=\"Company: Char Technologies Ltd Listing: TSX Venture, US OTC Tickers: $YES.V \/ $CTRNF Share price: 0.40 CAD at time of publication Website:\u00a0https:\/\/www.chartechnologies.com\/ Comparable peers: Xebec, $XBC Market cap $297 MCAD Greenlane renewables, $GRN, Mcap $165 MCAD &nbsp; ESGFIRE comment:\u00a0We are delighted to see this new facility being announced\u00a0by Char Technologies. 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