CHAR Technologies (TSE:YES) has released an update.
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CHAR Technologies has solidified a partnership with Lake Nipigon Forest Management Inc., a First Nations co-operative, to advance sustainable forestry and energy in Northern Ontario. The collaboration aims to produce significant amounts of Renewable Natural Gas and biocarbon by 2026, leveraging CHAR Tech’s innovative wood waste-to-energy technology. This strategic move is set to create jobs, provide contracting opportunities, and ensure steady revenue for the local First Nations communities, while contributing to the region’s clean energy future.
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