Undiscovered energy stock for the AI boom! CHAR Technologies set for breakthrough in 2026!

Energy will determine the AI winners

The AI boom in the US is increasingly acting as a stress test for the entire energy system. More and more experts are convinced that it is not the performance of semiconductors, but the question of "secure and affordable kilowatt hours" that will determine who sets the pace in the AI race and finishes as the winner – in the US and against China. Power plants, grids, and substations can hardly be built fast enough. Everything that can supply electricity in the short, medium, and long term is booming: Renewables are being expanded, nuclear power is experiencing a revival, gas is considered a flexible option, and even coal is being relied on because every available megawatt hour counts. In this logic, energy becomes the new currency of digital supremacy.

Coal and gas replacement from waste materials

It should be clear to most people that fossil fuels such as coal and gas cannot be the long-term solution. At the same time, the technology is proven, and the infrastructure is in place. The ideal solution is therefore to produce coal and gas from renewable sources. And this is precisely what CHAR Technologies does. The core of its business model is the conversion of forestry residues – of which there is more than enough in North America – into marketable products such as biochar and biogas. Important for investors: The Company has already outgrown the laboratory and testing phase. The first high-temperature pyrolysis plant in Thorold, Canada, recently went into operation. This means that test runs with industrial customers are now generating revenue and cash flows. For the upcoming scaling, financially strong partners such as steel giant ArcelorMittal and the Canadian BMI Group have been brought on board.

Commercialization starts now

The year 2026 is starting with a milestone for CHAR Technologies. With the commissioning of the Thorold Renewable Energy Facility, 5,000 tons of biochar are to be produced annually in the first phase. This confirms the planned production targets. In addition, the major expansion work for Phase 2 is to take place in 2026 in order to also produce renewable natural gas in the future.

An evaluation of a demonstration project in Baltimore is also currently underway. There, sewage sludge was used to generate energy in a char plant over a period of six months. So far, nothing has been reported that would argue against future commercialization.

Partner finances million-dollar project

The BMI Group is also going full throttle. Most recently, it provided CAD 10 million to advance the large-scale project for the production of biochar in Ontario, Canada. A feasibility study is to be completed in the first quarter.

The goal is to build a plant that converts locally available wood waste into low-CO₂ biochar and synthesis gas. The planned capacity is up to 50,000 tons of biochar per year, which is significantly higher than that of Thorold. The synthesis gas will either be used directly on site or marketed as a natural gas substitute in a later expansion stage. Both partners emphasize the strategic logic of the project: CHAR can scale the technology massively, and BMI can use its residual materials and reindustrialize the site thanks to clean energy.

Companies in the development phase often struggle on the stock market, and this also applies to CHAR Technologies. However, with commercialization beginning this year, the stock appears due for a revaluation. With a market capitalization of less than CAD 50 million, the Company appears significantly undervalued. This is particularly compelling given that the technology is well-suited to supplying energy to data centers. In addition, there is a global need for reliable base load alternatives to coal and gas - an area in which CHAR's waste-based solution fits squarely. With strong partners on board, risks are reduced, and the Company could also represent a potential takeover candidate.