Hy2gen Canada Inc., the Canadian arm of Hy2gen, has secured a portion of electricity from Hydro-Québec's Courant project for a green hydrogen and green ammonia production facility in Baie-Comeau. This partnership signifies a significant step towards realizing the Courant project, with the Front-End-Engineering phase underway. Hy2gen aims to start construction of the green ammonia plant in 2026 and commence production by 2029, pending Hydro-Québec's connection schedule. The project's reliance on a hydroelectric-based power grid will ensure uninterrupted electrolysis process operation, aiding in the production of green hydrogen and subsequent conversion to green ammonia. The project's strategic location allows for efficient transportation to off-takers, supporting the decarbonization of chemical production. Hy2gen's CEO and Director express satisfaction and gratitude for the support received, emphasizing their commitment to green hydrogen production, decarbonization, and economic advancement in Quebec. Through this project, Hy2gen aims to solidify its position as a leading provider of renewable energy solutions and contribute to a sustainable, emission-neutral industry.