06:45 AM EDT, 10/07/2024 (MT Newswires) -- dynaCERT (DYA.TO), which jumped more than 30% and hit fresh 52 week highs last Friday, over the weekend announced that it has received the final Verra approval of its Carbon Credit Methodology.
In a statement dynaCert said this Verra-approved methodology "marks a significant milestone" in the company's ongoing business evolution, as it underscores the impact of the company's HydraGEN Technology, which is designed to reduce both fuel consumption and carbon emissions in a wide range of sizes in Internal Combustion Engines. dynaCERT added its product line serves an extensive range of ICE applications, including sectors such as transportation, mining, construction, oil & gas and diesel generators.
According to dynaCert, this "pivotal" approval by Verra opens the door for many clients of dynaCERT to earn a multi-year recurring stream of valuable Carbon Credits by using the company's technology. dynaCERT said it plans to share equally the Carbon Credit benefits registered under Verra with users of the technology.