tiprankstipranks

Charbone Hydrogen Partners with ABB to Expand Green Hydrogen Facilities in North America

Story Highlights
Charbone Hydrogen Partners with ABB to Expand Green Hydrogen Facilities in North America

An announcement from Charbone Hydrogen Corporation ( (TSE:CH) ) is now available.

Charbone Hydrogen Corporation has signed a Memorandum of Understanding with ABB to develop up to 15 modular and scalable green hydrogen production facilities across North America over the next five years. This collaboration supports the Québec government’s 2030 energy roadmap and positions ABB as the preferred supplier for electrical substations, enhancing Charbone’s efforts to decarbonize industries by replacing grey hydrogen with green hydrogen.

More about Charbone Hydrogen Corporation

Charbone Hydrogen Corporation is North America’s only publicly traded pure-play green hydrogen company, focusing on the production of green hydrogen as a clean fuel source for industrial processes.

YTD Price Performance: -31.25%

Average Trading Volume: 334,091

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$7.4M

Find detailed analytics on CH stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App