BRIEF

on Karbon-X Project Inc. (NASDAQ:KARX)

Karbon-X and Directions Group Develop Solar Carbon Project in Alberta

Karbon-X Corp. and Directions Group Inc. have announced a strategic partnership to create a residential solar carbon project in Alberta. This initiative aims to generate carbon offset credits under Alberta's Technology Innovation and Emissions Reduction (TIER) program. Homeowners installing solar panels can earn these credits, which large emitters can buy to meet compliance obligations under TIER, thus supporting local renewable energy deployment and reducing decarbonization costs.

Directions Group will leverage its expertise and network for project implementation, while Karbon-X will lead project design adhering to Alberta's TIER standards. This ensures compliance and integrity of the generated carbon credits. The collaboration hopes to empower homeowners to participate in Alberta's climate goals, aligning solar adoption with the province's low-carbon transition.

The TIER program allows large emitters to purchase offsets as a cost-effective compliance alternative. This partnership enhances solar adopters' value, accelerating Canada's shift to clean energy.

R. E.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Karbon-X Project Inc. news