Canadian firm looks to expand emission reduction technology to Vietnam
VOV.VN - Vietnam is a notable destination for the Canada-based startup dynaCERT to expand its carbon emission reduction technology for diesel engines called HydraGEN, according to Jim Payne, president and CEO of dynaCERT.
dynaCERT is keen to promote a joint venture with Vietnamese partners as it seeks to bring its technology to the nation, adding that their technology makes use of simple electrolysis to turn distilled water into hydrogen and oxygen gases which can be produced on demand, thereby meeting the increasingly stringent demands on emissions reduction whilst 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 said.
Based on the new technology, dynaCERT has 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 aspires to reach out to the Vietnamese market as it is housing a large number of cargo ships.
The firm has garnered global attention due to its ability to diversify product range to meet market demands. The company’s entry-level products have been priced at approximately US$6,000, 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.
With more than 100 million diesel engines produced globally each year, dynaCERT’s technology is widely viewed as being a vital solution to reducing emissions, thereby contributing to a greener environment.