Highlights
- NoviqTech and HYDI join forces to unlock carbon credits from diesel engines
- Blockchain-backed Carbon Central to enable real-time emissions tracking
- Hydrogen-on-demand system aims for scalable environmental impact
NoviqTech (ASX:NVQ) has partnered with HYDI Hydrogen in a forward-looking initiative to turn hydrogen-powered diesel engine systems into a stream of verifiable carbon credits. This multi-phase collaboration is designed to enhance sustainability efforts across industries using diesel engines, while opening new revenue channels through the use of NoviqTech’s blockchain-integrated Carbon Central platform.
The project leverages NoviqTech’s expertise in carbon management to support HYDI’s hydrogen-on-demand technology, which improves combustion in diesel engines by injecting hydrogen into the air intake system. This innovation not only boosts fuel efficiency but also reduces greenhouse gas emissions — a key metric for carbon credit eligibility.
Carbon Credits Through Real-Time Emissions Monitoring
The agreement will unfold in four strategic phases: environmental and data assessments, digital twin development, pilot validation, and a full-scale live deployment. Using Internet of Things (IoT) integration, HYDI’s devices will feed real-time emissions data into Carbon Central, enabling accurate tracking, registry compliance, and automatic tokenisation of credits.
The initiative could see an average diesel truck in mining applications cut consumption by approximately 8,000 litres of diesel per month — preventing an estimated 2.7 kilograms of carbon dioxide equivalent emissions per litre. That’s a potential emissions reduction of over 21 tonnes monthly per vehicle.
While the companies are yet to finalise tokenisation volumes and pricing tiers, the subscription-based model will initially allow HYDI to access the Carbon Central platform at a discounted monthly rate. Once fully operational, the partnership aims to issue blockchain-verified carbon credits through the Hedera network — offering transparency and auditability for every token generated.
Driving Scalable Environmental Solutions
This initiative not only showcases technological synergy between emissions reduction and blockchain innovation but also demonstrates the rising potential of ASX-listed environmental tech firms. While NoviqTech is currently not listed among the ASX200 stocks, its advancements could pave the way for future inclusion as environmental, social, and governance (ESG)-driven investment continues to gain momentum.
HYDI’s hydrogen-on-demand system is especially appealing for sectors like transport, mining, and agriculture, allowing operators to cut fuel costs and carbon emissions without needing to overhaul existing equipment. The system is compact, uses only distilled water, and avoids any need for hazardous chemicals or pressurised storage — making it both user-friendly and efficient.
With digital twin technology, automated credit issuance, and real-time emissions tracking now at play, the NoviqTech-HYDI alliance stands as a promising example of clean tech innovation in Australia’s evolving energy landscape.