SHARC Energy’s WET Systems Set for Expansion in Massachusetts
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SHARC Energy’s WET Systems Set for Expansion in Massachusetts

Sharc International Systems Inc. (TSE:SHRC) has released an update.

SHARC International Systems Inc. has gained unanimous approval from Massachusetts for ten pilot sites to demonstrate their WET technology, with strong support from local trade unions and partnerships with real estate investment trusts. The company’s WET systems are positioned to benefit from Massachusetts’ progressive decarbonization policies and could receive up to 40% in investment tax credits, bolstering their potential for widespread adoption in the New England region.

For further insights into TSE:SHRC stock, check out TipRanks’ Stock Analysis page.

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