NoviqTech and Clean Hydrogen Technologies Partner for Transparent Hydrogen Certification
Key Ideas
- NoviqTech and Clean Hydrogen Technologies collaborate to track Guarantee of Origin certificates for turquoise hydrogen, promoting global clean energy goals.
- CHT will use NoviqTech's system for real-time monitoring and tokenizing certificates to ensure the sustainability and source of the hydrogen.
- The collaboration aims to enhance transparency and credibility in the sustainable hydrogen economy, with a subscription model for tracking and fees per token produced.
- Both CEOs express enthusiasm for the partnership, highlighting NoviqTech's quality platform for managing clean energy products and the potential for economic incentives.
NoviqTech (ASX: NVQ) has partnered with BHP Group (ASX: BHP) investee company Clean Hydrogen Technologies (CHT) to facilitate the tracking of Guarantee of Origin certificates for turquoise hydrogen. CHT will leverage NoviqTech's system for real-time monitoring and tokenizing certificates to ensure transparency and verification of hydrogen production without carbon dioxide emissions. The collaboration aims to enhance accountability and credibility in the clean energy market by providing clear information on hydrogen production processes. Through a subscription model, CHT will pay fees per token produced, with plans to issue tokens once production commences. NoviqTech's CEO sees the partnership as empowering CHT to offer verifiable information about its clean hydrogen, boosting its reputation in the industry. CHT's CEO views NoviqTech as a quality platform to manage the benefits of clean hydrogen and carbon products, enabling access to economic incentives in their operating regions. Both companies express excitement for the future of tracking contributions to a cleaner future with reduced carbon emissions, signaling a positive outlook for sustainable hydrogen technologies.
Topics
Certification
Power
Clean Energy
Innovation
Sustainability
Partnership
Transparency
Energy Technology
Subscription Model
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