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Charbone Hydrogen Announces the Signing of a MOU with Oakland County in Michigan to Develop and Construct First Green Hydrogen Production Facility in the United States of America
(TheNewswire) Brossard, Quebec – TheNewswire - December 4, 2023 – ...
About this update from Charbone Hydrogen Corporation
[{"type":"text","content":"Charbone Hydrogen Announces the Signing of a MOU with Oakland County in Michigan to Develop and Construct First Green Hydrogen Production Facility in the United States of America\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Brossard, Quebec –\n \n \n TheNewswire -\n \n \n December 4, 2023 –\n \n \n CHARBONE HYDROGEN CORPORATION (TSXV:CH\n \n \n )\n \n \n (\n \n \n OTC:CHHYF\n \n \n )\n \n \n (\n \n \n FWB:K47)\n \n \n \n \n (“\n \n \n Charbone\n \n \n ”)\n \n \n is pleased to announce\n \n \n that it\nhas executed a Memorandum of Understanding\n \n \n (the\n“\n \n \n MOU\n \n \n ”) as of December 1, 2023 with Michigan’s Oakland County\nEconomic Development Department (the “\n \n \n OCED\n \n \n ”) that will\nset the stage for Charbone’s first green hydrogen facility in the\nUnited States. Oakland County is the home of dozens of major\nautomotive companies including numerous world headquarters, North\nAmerican headquarters, and R&D facilities.\n \n \n \n \n The executed MOU between the parties will provide\nCharbone with\n \n \n a strong local partner for\nnegotiations with local authorities, support in the final site\nselection process, project development and permitting support for\nactivities related to its first facility in the United States, and\nassistance developing a regional ecosystem and hub. OCED will support\nCharbone alongside other stakeholders such as the Detroit Regional\nPartnership (DRP) and the Michigan Economic Development Corporation\n(MEDC). The aforementioned partners have already provided\nextraordinary support to Charbone in recent months by arranging\nmultiple meetings with automotive OEM’s, local stakeholders, and\nfuture potential hydrogen users.\n \n \n Charbone\n \n \n aims to develop a network of\ngreen hydrogen production facilities in the North American market and\nhas already announced four facilities in Canada, including one already\nunder construction in Quebec\n \n \n .\n \n \n \n \n “\n \n \n This MOU\nwith Oakland County located in the North American hearth of the auto\nmanufacturing industry is tremendous and exciting milestone for\nCharbone as it positions us as a new player and leader in the\ndevelopment and construction of modular...