#COVID19 Continues to Showcase Adoption and Resilience
in the #CleanEnergy Space: (TSX: $DYA.TO) (OTCQX: $DYFSF) (NASDAQ: $AYRO)
(NYSE: $DAL) (TSXV: $XBC.V) (NYSE: $BP) COVID-19 is Accelerating a New Energy
Era of Low and Zero Carbon Emission Technology
Point Roberts WA, Delta BC, August 18, 2020 – Investorideas.com, a global news source
and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot discussing how
Covid-19 is reshaping and accelerating green energy adoption, featuring dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ).
Read this news featuring dynaCERT in full
at https://www.investorideas.com/news/2020/cleantech-climatechange/08181COVID19-Low-Zero-Carbon-Emission.asp
According to Lux Research, “Despite the dramatic consequences COVID-19 is having on
the global economy, we predict the energy transition will be accelerated by
several years. Trillions of dollars are expected to flow through economic
relief packages into the deployment of low- and zero-carbon infrastructure as
well as research and development into technologies that enable it.”
Putting their money
where their mouth is, is a company dramatically impacted by Covid-19. Delta Air Lines is committing $1 billion (NYSE: DAL) over the next 10 years on its journey to mitigate all
emissions from its global business going forward. The airline will invest in
driving innovation, advancing clean air travel technologies, accelerating the
reduction of carbon emissions and waste, and establishing new projects to
mitigate the balance of emissions.
dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ), a Canadian cleantech company that
manufactures and distributes Carbon Emission Reduction Technology for use with
internal combustion engines, announced that it received the Smart Sustainable Company Rating Seal based on
the results of the rigorous analysis of Triple-A Analytics GmbH of Austria
(“Triple-A”).
From the news: This honourable distinction of dynaCERT
and our HydraGEN™ Technology as it applies to the United Nations Sustainable
Development Goals as well as United Nations Global Compact Principals has been
evaluated as “high”, the highest global ranking in its category.
Continued: In dynaCERT’s Triple-A Smart Sustainable
Company Evaluation, Triple-A reports that the United Nations Sustainable
Development Goals and the Paris Climate Accord form the world’s strongest
common agenda for achieving peace and prosperity on a healthy earth.
With over sixteen
years of research and development behind their technology and sixty dollars
invested in it, dynaCERT is committed to its carbon emission reduction
technology and a long term plan for a green economy.
dynaCERT recently reported that during the imposed Covid-19 shutdown
their company was moving quickly behind the scenes improving production
facilities at their plant, advancing research and development, and preparing
for increased demand for their HydraGEN™ Technology.
Unlike most companies,
they also reported, “The Company has re-emerged from the global COVID-19
economic slowdown with a cleaner and stronger balance sheet.”
Their patented
HydraGEN™ Technology creates hydrogen and oxygen on-demand through a unique
electrolysis system and supplies these gases through the air intake of internal
combustion engines to enhance combustion, resulting in lower carbon emissions
and greater fuel efficiency, intake to enhance combustion.
dynaCERT is also
transforming the trucking industry with its HydraLytica™ telematics data
monitoring software that monitors fuel efficiency and carbon emission
reductions.
Another company in
the trucking industry is making waves as it capitalizes on the new reality of
Covid-19. AYRO, Inc. (NASDAQ:AYRO), a manufacturer of light-duty, urban
and short-haul electric vehicles (EVs), recently announced it has received $584,000 in orders for its
inaugural purpose-built EV hospitality truck solution.
From the news The milestone follows the recent
partnership announcement with Gallery Carts (Gallery), a leading provider of
food, beverage and retail carts, kiosks and portables. The collaborative
AYRO-Gallery engineering partnership was established in part to launch these
new "on-the-go" hospitality vehicles.
From the news: The innovative AYRO-Gallery vehicle
integrates a configurable lithium-Powered Vendor Box solution into the Club Car
411 Utility Vehicle, enabling safe hot or cold food distribution via
emissions-free, light duty vehicles in hospitality venues nationwide. These
initial orders are expected to provide the all-electric configurable mobile
vehicles for campuses, stadiums, resorts, airports and event centers across the
United States.
Continued: In addition to the logistical and
environmental benefits of the AYRO-Gallery solution, purpose-built EVs have
been shown to save fleet operators more than 50 percent on annual fuel costs
when compared to existing gas and diesel trucks. It also provides Gallery
clients with revenue generating opportunities with custom branded exteriors and
through mobile on-demand, on-location sales that overcome existing retail space
limitations.
Continued: "The AYRO-Gallery solution is
helping us support our clients as they continue to address operational issues
associated with COVID-19," adds Dan Gallery, President of Gallery Carts.
"They need solutions that allow them to expand revenue opportunities by
bringing food and other products to students, fans and consumers where they
are. We see the demand growing. AYRO's new facility and commitment to growth is
critical to satisfying the demand."
In other recent
headlines on reduced carbon emissions, Canadian cleantech company Xebec
Adsorption Inc. (TSXV: XBC), a global provider of clean energy solutions announced it has signed an exclusive partnership agreement with
CarbonQuest.
From the news: Xebec’s CO2 separation technology, specifically
designed for this application, will be integrated into CarbonQuest’s Building
Carbon CaptureTM system. CarbonQuest has developed a patent pending “4-Step
Carbon Capture Process” which enables the separation and liquefaction of CO2
from natural gas. The captured Sustainable CO2TM will be sequestered or used in
manufacturing or other industry. This partnership will bring a timely and
cost-effective solution for property owners looking to meet their
sustainability goals and reduce their exposure to the new Local Law 97
regulation. As a result, the partnership opens significant market opportunities
for Xebec’s advanced CO2 capture technologies through CarbonQuest’s process.
Continued: In April 2019, the New York City Council
passed the Climate Mobilization Act, which included a provision (Intro 1253)
that limits greenhouse gas emissions from buildings over 25,000 square feet.
Intro 1253 became Local Law 97 in May 2019, and now covers approximately 60,000
NYC buildings. Emissions reduction goals are 40% by 2030 and 80% by 2050,
benchmarked against 2005 levels. The limits have been set in three phases for
2024-2029 (Phase 1), 2030-2034 (Phase 2) and 2035-2050 (Phase 3) and are
measured in kilograms of CO2 equivalent per square foot. Any emissions above
the limits will result in penalties which are set to progress in severity over
time.
So what does the
future look like? You know the energy world is changing when oil and gas giant
BP (NYSE: BP) makes a commitment to be net zero. “Our ambition is to be a
net zero company by 2050 or sooner. And to help the world get to net zero. This
will mean tackling around 415 million tonnes of emissions – 55 million from our
operations and 360 million tonnes from the carbon content of our upstream oil
and gas production. Importantly these are absolute reductions, to net zero,
which is what the world needs most of all. We are also aiming to cut the carbon
intensity of the products we sell by 50% by 2050 or sooner.”
Forbes reported in an article, ‘Canada’s Clean
Energy Sector Can Help Drive Economic Recovery From COVID-19’: “For Canada, these structural economic
changes will have significant implications because the oil and gas sector plays
a vital role in the national economy and accounts for 5.6% of nominal GDP.
However, given oil's future outlook and negative externalities associated with
consuming fossil fuels, the Canadian government needs to structurally steer the
economy away from its carbon-intensive energy sector and take the opportunity
to push for a green recovery from Covid-19's economic crisis. Even during the
economic downturn, we see the resilience of the clean energy sector compared
with other energy sources. The International Energy Agency (IEA)'s World Energy
Investment 2020 report highlighted that renewables would be the only energy
source likely to experience demand growth for the rest of 2020. Alongside this,
in the United States, the Energy Information Administration (EIA) expects
renewables to surpass coal's share of power generation for the first time this
year.”
For companies like
dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) that have spent years of commitment to
creating a reduced co2 emission economy, it’s about time and it’s very much their moment in time!
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