CHARBONE Secures Five-Year Hydrogen Supply Agreement in Ontario, Expanding Clean Energy Footprint

CHARBONE Corporation has secured a significant five-year agreement to supply clean Ultra High Purity hydrogen to an Ontario-based independent distributor, representing a major milestone in the company's commercial expansion strategy. The contract establishes stable, recurring demand for CHARBONE's hydrogen products and marks the company's strategic entry into the Ontario market, a region experiencing rapid growth in clean energy adoption.

Initial deliveries under the new agreement are scheduled to begin in November 2025, utilizing a newly commissioned Type 1 hydrogen tube trailer that has achieved full certification from Transport Canada and the Technical Standards and Safety Authority for operation in Ontario. This regulatory compliance was achieved within an impressive eight-month timeframe by CHARBONE's transportation subsidiary, CHARBONE Systems Inc., demonstrating the company's operational efficiency and commitment to meeting Canada's strict hydrogen handling standards.

The agreement represents more than just a commercial transaction—it signals CHARBONE's successful establishment of a trusted, compliant hydrogen supply network capable of supporting broader market expansion. Dave B. Gagnon, CEO of CHARBONE, emphasized the strategic importance of this development, stating that Ontario represents a key market for the company's long-term growth strategy in the clean energy sector. The contract reinforces CHARBONE's presence in Eastern Canada while positioning the company for additional expansion opportunities across North America.

This development carries significant implications for the broader clean energy transition in Canada. As industries increasingly seek reliable, clean hydrogen sources to meet decarbonization goals, CHARBONE's ability to establish secure supply chains with full regulatory compliance addresses a critical need in the market. The company's achievement in meeting Transport Canada's rigorous standards within eight months demonstrates that established safety protocols need not impede the rapid deployment of clean energy infrastructure.

The timing of this agreement coincides with growing demand for clean hydrogen across multiple industrial sectors in Ontario, where manufacturers and energy users are seeking alternatives to traditional fossil fuels. CHARBONE's entry into this market provides Ontario businesses with access to domestically produced clean hydrogen, reducing reliance on imported energy sources and supporting local economic development. The company's modular approach to hydrogen production, detailed on their corporate website at https://www.charbone.com, allows for scalable deployment that can adapt to regional demand patterns.

For investors and industry observers, this agreement validates CHARBONE's business model and execution capabilities. The five-year term provides revenue visibility while the company's demonstrated ability to navigate complex regulatory environments suggests strong potential for replicating this success in other markets. As Canada continues to develop its hydrogen economy, CHARBONE's established compliance framework and operational readiness position the company as a credible partner for industrial customers seeking reliable clean energy solutions.

The broader implications extend beyond CHARBONE's corporate growth to the acceleration of Canada's clean energy transition. Successful commercial agreements like this one help build confidence in hydrogen as a viable alternative to conventional fuels, potentially encouraging additional investment in hydrogen infrastructure and technology development. As more companies demonstrate the commercial viability of clean hydrogen distribution, the entire sector benefits from increased market validation and reduced perceived risks for future projects.