CHAR Technologies (TSE:YES) has released an update.
CHAR Technologies has been granted a $5.2 million boost from the Government of Canada’s Clean Fuels Fund to advance their sustainable energy projects across Ontario and other Canadian regions. This investment will support the expansion of CHAR’s wood waste to biocarbon and renewable natural gas facilities, contributing to Canada’s low-carbon future and job creation. Enbridge Gas and Ontario’s Minister of Natural Resources and Forestry have praised the initiative for its role in moving towards sustainable energy and forest biomass innovation.
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