Published by Todd Bush on November 27, 2023
TORONTO--(BUSINESS WIRE)--dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased announce that it has received from Earthood Services Pvt. Ltd., (“Earthood”) the final Assessment Report on Methodology for Improved Efficiency of Fleet Vehicles and Combustion Engines (the “Assessment Report’). This Assessment Report had been requested by Verra in accordance with the terms and conditions set out in the applicable program rules of Verra.
dynaCERT has recently announced that if all findings by Earthood are closed out appropriately and sufficiently, Earthood would release its final report by end of November 2023. The Assessment Report has now been concurrently sent to Verra and dynaCERT by Earthood within the agreed upon schedules.
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The Assessment Report supports the Methodology which will be used by dynaCERT to validate its Carbon Credits under Verra’s VCS Program.
dynaCERT’s proprietary HydraGEN™ Technology and HydraLytica™ Technology is designed to reduce carbon emissions in diesel engines.
The summary of the assessment conclusions of the Assessment Report is as follows:
The proposed methodology assessed in this report is based on the methodologies titled “AMS-III.BC.: Emission reductions through improved efficiency of vehicle fleets (version 3.0)”and VCS approved methodology VMR0004 entitled “Revision to AMS-III.BC to include Mobile Machinery (version 1.0)”. The VVB (Earthood) can confirm that:
Jim Payne, CEO of dynaCERT, stated, “On behalf of dynaCERT, I thank Earthood for delivering their Assessment Report on time, as previously agreed by Verra and ourselves. dynaCERT’s work to develop our unique Carbon Credit opportunities is advancing as scheduled and will greatly benefit the users of our proprietary HydraGEN™ Technology and HydraLytica™ Technology.”
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.
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