Canadian startup eyes Vietnam for emission-reducing diesel technology expansion
Vietnam is a notable destination for the Canada-based startup dynaCERT to expand its carbon emission reduction technology for diesel engines called HydraGEN, President and CEO of the firm Jim Payne told the Vietnam News Agency.
The technology uses simple electrolysis to turn distilled water into hydrogen and oxygen gases. (Photo courtesy of dynaCERT)
Ottawa (VNA) - Vietnam is a notable destination for the Canada-based startup dynaCERT to expand its carbon emission reduction technology for diesel engines called HydraGEN, President and CEO of the firm Jim Payne told the Vietnam News Agency.
dynaCERT is eager to forge a joint venture with Vietnamese partners to bring its technology there, adding the technology uses simple electrolysis to turn distilled water into hydrogen and oxygen gases that are produced on demand, meeting increasingly stringent demand on emissions reduction and improving fuel efficiency.
Technology HydraGEN can cut overall emissions by up to 50%, with a remarkable 88% reduction in nitrogen oxide emissions, the most toxic gases generated from diesel engines, he explained.
Based on the new technology, dynaCERT designed and manufactured equipment for a wide range of diesel-powered machines of small trucks, heavy-duty vehicles, mining machinery, locomotives, and vessels, among others.
Payne revealed that dynaCERT wants to reach out to the Vietnamese market that is housing a large number of cargo ships.
The company has garnered global attention due to its ability to diversify product range to meet market demands. The company’s entry-level products are priced at approximately 6,000 USD, with users expected to recover the cost within one to two years through fuel savings and carbon credits.
The company stands ready to open a manufacturing plant in any region where purchasing power could hit 1,000 units annually.
ꦇ With more than 100 million diesel engines produced globally each year, dynaCERT’s technology is seen as a vital solution to reducing emissions, contributing to a greener environment./.
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