Sydney – NoviqTech (ASX: NVQ) has announced a new partnership with H2i Group (H2i) to develop a cutting-edge system that tokenizes avoided emissions from diesel engine fuel reduction and efficiency. H2i’s Hydrogen Enhancement System (HES) is designed to inject hydrogen into diesel engines, improving fuel efficiency and reducing emissions. This system has already proven its ability to reduce fuel consumption and cut emissions significantly.
Key Project Details:
H2i’s Hydrogen Enhancement System can reduce fuel consumption by up to 27%, cut CO2 emissions by 19%, and lower particulate emissions by 44%.
The collaboration will generate carbon credits from these emissions reductions, which will be tokenized on the Hedera blockchain via the Carbon Central platform.
Digital Twin technology will be used to track emissions in real time, validate data, and automate carbon calculations, ensuring transparency and credibility.
H2i has already earned revenue from successful installations across industries, including generators, boats, and trains, and is expanding its customer base worldwide. It aims to sell 100,000 units across multiple regions.
The company has secured important agreements, including a Joint Venture in China, boosting its global presence.
H2i will showcase its technology in May with ATM-Global, targeting diesel-powered sectors such as truck, bus, and generator industries, including companies like Saudi Telecom, which operates 20,000 diesel-powered towers.
Project Goals:
This partnership focuses on deploying the H2i Hydrogen Enhancement System at industrial and commercial sites to reduce emissions directly and generate carbon credits. The project will exceed baseline emissions reduction levels and contribute to the voluntary carbon credit market, providing a blockchain-based solution for carbon credit trading. H2i’s system allows for real-time tracking of critical data, including hydrogen, diesel, and electricity usage, making it ideal for performance and emissions monitoring.
Through the Carbon Central platform, emissions will be verified and tokenized, automating carbon calculations and compliance reporting. Integration with IoT devices will provide real-time validation and create an immutable audit trail for enhanced transparency.
Future Outlook:
The collaboration is poised to lead the way in the decentralized carbon economy, using the Carbon Central platform to support the creation of tokenized carbon credits. H2i’s expanding global footprint and manufacturing capacity further its growth in the clean tech sector.
Freddy El Turk, CEO of NoviqTech, expressed excitement about the partnership, stating, “We are thrilled to work with H2i on this innovative project. The integration of H2i’s Hydrogen Enhancement System with Carbon Central will drive real-time emissions reductions and create new opportunities in the carbon credit market.”
David Vinson, Chairman of H2i Group, added, “Our collaboration with NoviqTech is a significant step in advancing our mission to reduce emissions in the industrial sector and provide innovative solutions for carbon credit generation and trade.”
Tokenization Details:
The agreement sets H2i’s subscription at a basic tier of $1,000 per month, with the option to upgrade to an Enterprise Plan as additional projects are onboarded. A fee will be charged for each token produced, with pricing tiers based on volume:
1 to 1,000 tokens: $0.90 AUD/token
1,001 to 10,000 tokens: $0.80 AUD/token
10,001 to 100,000 tokens: $0.60 AUD/token
100,001+ tokens: $0.50 AUD/token
Tokenization volumes reset monthly, and the subscription is on a month-to-month basis, allowing either party to terminate with 30 days’ notice. The revenue from tokenization will be calculated once H2i’s commercial volumetrics are confirmed.
This partnership marks a significant step in the development of green technologies and carbon reduction strategies.
Related Topics:
- 8 Best Diesel Fuel Cans in 2025: A Comprehensive Guide
- Where Can I Buy Red Diesel Uk
- What Is the Fine for Using Red Diesel Uk