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WKN: A2QRHW | ISIN: CA15957L1040 | Ticker-Symbol: 68K
Frankfurt
06.02.26 | 13:50
0,169 Euro
-2,31 % -0,004
1-Jahres-Chart
CHAR TECHNOLOGIES LTD Chart 1 Jahr
5-Tage-Chart
CHAR TECHNOLOGIES LTD 5-Tage-Chart
ACCESS Newswire
933 Leser
Artikel bewerten:
(2)

CHAR Technologies Ltd.: Char Tech Commences Commissioning at Thorold Renewable Energy Facility

TORONTO, ON / ACCESS Newswire / January 29, 2026 / CHAR Technologies Ltd. ("CHAR Tech" or "the Company") (TSXV:YES)(FSE:68K) a leader in sustainable biomass energy solutions, today announced that commissioning has commenced at its Thorold Renewable Energy Facility, the Company's first commercial renewable energy and biocarbon production facility

Feedstock receiving and handling systems are now entering startup, with commissioning of the commercial high-temperature pyrolysis ("HTP") kiln expected to follow shortly. The Company is targeting a ramp toward the Phase 1 biocarbon production run-rate of 5,000 tonnes per year by the end of first quarter of 2026.

Commissioning activities are being carried out in stages, beginning with feedstock receiving, handling, and preparation systems. These systems are being brought online first to support stable material flow ahead of commissioning of the commercial HTP kiln. Production volumes are expected to increase progressively as systems are tested, integrated, and stabilized through the commissioning process.

"Commissioning is where operating performance, throughput, and product quality are established," said Andrew White, Chief Executive Officer of CHAR Tech. "We are bringing systems online in sequence, beginning with feedstock handling and moving into kiln operations, with the goal of reaching stable, saleable, production as efficiently as possible."

Upon completion of Phase 1, the Company intends to proceed with Phase 2 construction, which includes installation of a second HTP kiln to double biocarbon production capacity, the addition of methanation equipment to upgrade synthetic gas into Renewable Natural Gas ("RNG"), and construction of an onsite RNG pipeline injection point.

The Company will provide further updates as Phase 1 commissioning advances and production volumes increase.

The Thorold Renewable Energy Facility is structured as a Limited Partnership with the BMI Group, in which CHAR Tech is a 50% owner.

About CHAR Technologies Ltd.

CHAR Tech (TSXV:YES)(FSE:68K) is a Canadian clean-technology company developing first-in-kind high-temperature pyrolysis ("HTP") systems that process unmerchantable wood and organic waste to generate two renewable energy revenue streams, renewable natural gas or green hydrogen, and a solid biocarbon that serves as a carbon-neutral, drop-in replacement for metallurgical coal.

CHAR Tech's HTP platform is also advancing a new vertical focused on the permanent destruction of PFAS in wastewater biosolids. Operating at temperatures sufficient to break down long-chain fluorinated compounds, the system enables municipalities and industrial operators to eliminate PFAS while converting biosolids into energy and low-carbon solid products.

For further information, please contact:

Andrew White
Chief Executive Officer
CHAR Technologies Ltd.
E: andrew.white@chartechnologies.com
T: 866 521-3654

Galen Cranston
Director of Stakeholder Relations
CHAR Technologies Ltd.
E: gcranston@chartechnologies.com
T: 647-546-5633

Website: www.chartechnologies.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this news release.

Forward-Looking Statements

Statements contained in this press release contain "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements") about CHAR and its business and operations. The words "may", "would", "will", "intend", "anticipate", "expect" and similar expressions as they relate to CHAR Tech, are intended to identify forward-looking information. Forward-looking statements include, but are not limited to, statements relating to the timing for full facility construction, securing project financing, expectations regarding the offtake agreements, future plans, operations and activities, expectations regarding the scale up of production, and other statements that are not historical facts. Such statements reflect CHAR Tech's current views and ?intentions with respect to future events, and current information available to CHAR Tech, and are subject to ?certain risks, uncertainties and assumptions, including, among others, those risk factors discussed or referred to in CHAR Tech's disclosure documents filed with the securities regulatory authorities in certain provinces of Canada, including the Management Discussion & Analysis dated January 27th, 2026 for the fiscal year ended September 30, 2025, and available under CHAR Tech's profile on www.sedarplus.ca. Any such forward-looking information is expressly qualified in its ?entirety by this cautionary statement. Moreover, CHAR Tech does not assume responsibility for the accuracy or ?completeness of such forward-looking information. The forward-looking information included in this press release ?is made as of the date of this press release and CHAR Tech undertakes no obligation to publicly update or revise ?any forward-looking information, other than as required by applicable law.

SOURCE: CHAR Technologies Ltd.



View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/metals-and-mining/char-tech-commences-commissioning-at-thorold-renewable-energy-facility-1131558

© 2026 ACCESS Newswire
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