Core Insights - Haffner Energy has secured a significant strategic partnership in Canada, marking a turnaround after a challenging year in 2025 [1][5] - The partnership will focus on establishing a complete advanced biofuels sector in Canada, starting with a 5 MW project in Quebec expected to generate €4.2 million in revenue [1][4] - The agreement includes the creation of a joint venture, with Haffner Energy holding 49% of the capital without cash contribution, leveraging its technology license [2][3] Partnership Details - The Canadian partner's identity will be revealed soon, and the initial project will utilize existing equipment, allowing for immediate revenue recognition [1][3] - A significant advance payment of €250,000 will be made to Haffner Energy, with the joint venture responsible for marketing the technology and manufacturing equipment [3][10] - The first project is a precursor to deploying multiple multi-energy hubs across Canada, utilizing SYNOCA® 20 MW thermolysis units for diverse fuel production [4][10] Technological Advancements - The new H6 generation technology significantly reduces the cost of hydrogen production to less than €2.50/kg, compared to nearly €10/kg for similar electrolyzers [7] - The capital expenditure (CAPEX) per kilowatt of thermal energy produced is reduced by a factor of three for the SYNOCA® H6 compared to previous generations, enhancing competitiveness [7] Market Context - Canada, with its vast biomass resources, presents a unique opportunity for biofuel production, producing 18 times more biomass than France [8] - The partnership aligns with the growing strategic relationship between Canada and Europe, focusing on decarbonized energy and sustainable resource use [9]