Charbone Hydrogen Secures $50M to Expand Green Hydrogen Production Across North America

Charbone Hydrogen Corporation is making some serious moves in the green hydrogen space. The company just locked in up to $50 million in construction funding from True Green Capital Management LLC, with US Capital Global Securities LLC helping to make it happen. This new capital injection is set to fuel Charbone’s ambitious expansion of its green hydrogen projects across North America.

Electrolysis-powered hydrogen, driven by renewables

Charbone’s approach isn’t just innovative—it’s clean. Its modular facilities crank out 99.999% pure hydrogen using electrolysis powered by renewable sources, like the abundant hydroelectricity in Quebec. That means zero emissions and a big step forward for sustainable energy.

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Secured sales mean less risk, more momentum

One of Charbone’s smartest plays? Locking in tier-one offtake agreements ahead of time. Their hydrogen output is pretty much spoken for before it’s even produced. That kind of arrangement keeps market risk in check and gets revenue flowing early.

Flagship facility on track in Quebec

At the heart of it all is Charbone’s flagship project in Sorel-Tracy, Quebec. It’s on track to connect to Hydro-Québec’s grid by mid-2025. That’s a big milestone—and it’s not the only win. The company also wrapped up a $1.3 million syndicated debt settlement and inked new hydrogen offtake deals with a major U.S.-based industrial gases player.

Quebec’s push for zero-emission technology

All this progress lines up nicely with Quebec’s Green Hydrogen Strategy, which aims to slash regional CO₂ emissions by 4 megatons per year by 2030. With government backing and a clear goal in sight, there’s real momentum behind the shift to zero-emission technology.

Leading the charge in green hydrogen infrastructure

Charbone stands out as North America’s only publicly traded pure-play green hydrogen company, and they’re not slowing down. They’re pushing hard to roll out hydrogen infrastructure fast—and smart. A partnership with ABB is helping them integrate intelligent systems across their facilities, making them more efficient and connected than ever.

In a world racing toward cleaner alternatives, Charbone is clearly staking its claim in the hydrogen future.

About Charbone Hydrogen Corporation

Charbone Hydrogen Corporation is a green hydrogen group established in North America. The company's strategy is to develop modular and expandable hydrogen facilities and regional hubs. Charbone targets the production of green hydrogen by electrolysis using clean and renewable energies. It also seeks to provide customized energy solutions to industrial, commercial, and mobility users.