CO2 GRO Inc. Announces the Commissioning of Its Largest Global Commercial Project with Hidroexpo

TORONTO, ON / ACCESSWIRE / April 8, 2024 / Toronto based CO2 GRO Inc. ("CO2 GRO" or the "Company") (TSXV:GROW)(OTCQB:BLONF)(Frankfurt:4021) CO2 GRO Inc., an innovation driven enterprise in agricultural technology, proudly announces the successful installation and commissioning of its largest commercial project to date at Hidroexpo's greenhouse complex in El Salvador.

This 6-hectare (642,000 sq ft) block expansion marks a major milestone in scaling our state-of-the-art aqueous CO₂ enrichment technology. It will enrich the yield and quality of the production of red, orange, and yellow bell peppers.

Valued at approximately CAD $1 million, this project was finalized under a PFU (Pay-For-Use) contract announced earlier on June 20, 2023, evidencing Hidroexpo's confidence in CO2 GRO's aqueous CO₂ enrichment technology.

The system integrates advanced features such as misting and infusion system, and a Dynamic Monitoring & Control System, all controlled via an online digital dashboard for unparalleled efficiency and ease of use.

This partnership has been fortified by a commercial contract after previous seasons' data showcased a 20%-30% increase in production. The enhanced yield is destined for sale across the United States.

Rodrigo Martínez, General Manager of Hidroexpo shared his enthusiasm for the project:

"We are very excited to begin using CO2 GRO's C-stainable Crop Enhancement technology on a wider scale than we have the past two seasons. The installation, undertaken by our maintenance crew with CO2 GRO's project management team's support, exemplifies the high-tech evolution of the system. Its continual development impresses us, instilling confidence in the promised benefits and future optimization through increasingly valuable real-time data."

Aaron Archibald, CO2 GRO's VP Sales, reflected on the partnership:

"Hidroexpo has been a fantastic customer and partner, contributing significantly to our development. Their expertise in greenhouse irrigation systems has been invaluable in refining our technology's installation processes. This supportive customer-partner relationship is crucial for our growth as we aim to continue scaling our technology's application within Hidroexpo's greenhouse complex and leveraging this scale-up experience in other commercial projects."