dynaCERT Creates a Green Freight Program Task Force to Provide Financial Assistance to Clients That Purchase Its HydraGEN™ Technology
- The Green Freight Program provides funding assistance to qualified purchasers, allowing dynaCERT's clients to save money and reduce pollution.
- Stream 2 of the program offers a maximum of 50% funding up to $5,000,000 for eligible projects.
- None.
dynaCERT supports government initiatives that create jobs while fighting climate change and driving down costs for users of the Company’s HydraGEN™ Technology, designed to reduce fuel consumption in diesel engines and reduce polluting emissions.
The dynaCERT Green Freight Program Task Force
Through its Green Freight Program Task Force, dynaCERT is helping its clients save money, reduce pollution and decarbonize fleets, while helping build a prosperous net-zero economy for generations to come.
dynaCERT’s Green Freight Program Task Force is spearheaded by Ed Cordeiro, Director of Sales,
For further information and assistance regarding the dynaCERT Task Force and dynaCERT’s HydraGEN™ Carbon Emission Reduction Technology line of commercial products, please contact:
Ed Cordeiro
Director of Sales, dynaCERT Inc. +1 (647) 462-6667 |
Khoa Tran Director of Finance dynaCERT Inc. + 1 (416) 560-2207 |
Ishan Juneja Program Coordinator dynaCERT Inc. +1 (647) 339-7738 |
The Green Freight Program of the Government of
The Green Freight Program of the Government of
To be considered for funding, applicants must submit a list of technologies and equipment. Repowers of eligible technologies must be permanent modifications, demonstrate the capacity to reduce diesel consumption of medium- and heavy-duty vehicles and reduce GHG emissions by switching the fuel used to a lower-carbon alternative. This includes projects where the engine and/or drive train is replaced and where kits are added to the truck. Dual fuel options are eligible.
Under Stream 2 of the program, applicants can receive a maximum of
Projects by not-for-profit organizations or provincial, territorial, regional, or municipal governments or their departments or agencies, where applicable, as well as projects with Indigenous businesses or community groups, may request an increase in the maximum amount payable by NRCan, up to
Stream 2 of the Green Freight Program provides support for innovative actions including engine repowers, switching to cleaner fuels, and fleet transportation improvements. Selected projects will support data-driven investment decisions when considering energy-efficient improvements for their medium- and heavy-duty vehicles across fleets. The application window will remain open until November 16, 2023. Stream 2 of the Green Freight Program builds on the progress of Stream 1 of the Green Freight Program, which supports investments in fleet-wide energy assessments and retrofits, including for truck and trailer equipment. Stream 1 continues to accept applications.
For information regarding the Canadian Government Green Freight Program, please see:
For information regarding Stream 2 of the Canadian Government Green Freight Program, please see:
Ed Cordeiro, Director of Sales,
About dynaCERT Inc.
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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Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
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On Behalf of the Board
Murray James Payne, CEO
View source version on businesswire.com: https://www.businesswire.com/news/home/20230905951159/en/
For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
Source: dynaCERT Inc.