ESGFIRE Milestone Coverage: Charbone Transitions to Commercial Clean Hydrogen Production

Charbone Hydrogen has confirmed the successful commissioning of Phase 1A equipment at its Sorel-Tracy facility and the production of its first clean ultra-high-purity (UHP) hydrogen, marking the company’s official transition into the initial commercial production phase. This milestone represents a critical execution step in Charbone’s modular deployment strategy and signals tangible progress toward operational scale in Quebec’s clean hydrogen market.

Company
Charbone Corporation
Ticker
TSXV: CH | OTCQB: CHHYF | FSE: K47
Listings
TSX Venture (Canada) | OTCQB (USA) | Frankfurt (Germany)
Market cap
~C$49.58 million (as of Nov 3, 2025)
Share price
C$0.22 (at time of publication)
Market size
The global hydrogen market is poised for significant growth, with projections indicating a rise from USD 225.12 billion in 2025 to USD 312.90 billion by 2030, at a CAGR of 6.8%.
Industry
Clean UHP hydrogen production & industrial gases distribution
Website
https://www.charbone.com/

MALMÖ, Sweden, Dec 16th, 2025

ESGFIRE applauds the official commencement of commercial clean Ultra High Purity (UHP) hydrogen production at Charbone’s flagship Sorel-Tracy facility — a pivotal transition from development to operational scale in North America’s clean hydrogen sector.

This milestone confirms the successful installation, commissioning, and functional validation of Phase 1A equipment, marking a key execution achievement in Charbone’s modular rollout strategy and reinforcing the company’s ability to deliver against its strategic timetable.

From an ESG-aligned investment perspective:

-The shift into commercial production signals tangible delivery on Charbone’s clean-energy mission, supporting local decarbonization and supply resilience with zero-carbon electrolytic hydrogen sourced using renewable energy.

-This operational start underpins Charbone’s broader vision of a distributed network of UHP hydrogen and specialty-gas facilities, potentially reducing transport-linked emissions and strengthening regional industrial gas supply chains.

-Achieving this milestone also builds on prior ESGFIRE coverage that emphasized disciplined execution and meaningful progress toward revenues and long-term growth.

While continued execution risk remains inherent in early commercial phases, this development enhances Charbone’s credibility within the hydrogen value chain and aligns with expectations for scalable, low-carbon industrial gas solutions in a rapidly expanding clean-energy market.

ESGFIRE is a Swedish investment company and research firm that focuses on companies with either an environmentally friendly service or product. By only investing in environmentally friendly companies, ESGFIRE have outperformed the major indexes for several years. We have a track record of over 1000 % returns since 2018 using our own proven method of identifying high potential ESG companies.

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