dynaCERT announced the collaboration with the Northwest Territory Power Corp. in Yellowknife, NT in a fuel savings and emission reduction pilot project located in Deline, NT. Delines is located on the southwest share of Great Bear Lake, about 400 km northwest of Yellowknife. Deline is only serviced via aircraft and winter ice roads. The NTPC operate 3,500 diesel power generation units in remote villages and communities across the Territory.
The dynaCERT-NTCP project, at this important initial stage, consists of the sale, installation and commissioning of four dynaCERT HG1 units onto three stationary generator units that in turn are responsible for producing all of the electricity in the village of Deline. One stationary generator unit will have two HG1 units. The NTPC engineering team has worked closely with the dynaCERT engineers to design this specific application for the community to align with NTPC’s stated goal of reducing their reliance on fossil fuels.
Robert Maier, COO of dynaCERT, states, “NTPC continues to work hard at the leading technological edge to improve the lives of the people they serve. We are pleased that our HydraGENTM technology is part of this pilot project opportunity to lower operating costs for NTPC and improve the environment for northern communities.”
Jim Payne, President & CEO of dynaCERT, states, “We are very pleased to work with NTPC and their communities. With Robert Maier’s managerial and technical leadership, dynaCERT continues to develop new applications and enter varied markets for its HG1 units, not just in trucking but also in remote location power generation. Our engineering creativity, supported by our ongoing commitment to R&D, is rapidly advancing our Company in the diverse world of diesel uses in furtherance of our corporate strategy.”
July 2, 2015 dynaCERT TSX.V-DYA announced that it closed the non-brokered private placement for 2,547,418 units at a price of $0.15 per Unit for an aggregate of $386.162.
Hydragen Units Manufacturing: Parts and raw materials for the HydraGen units have now arrived to dynaCERT’s faciltiies and manufacturing and assembly of the first 100 unit production run will be commencing next week.
Mr. Gonzalo Labbe has been appointed to dynaCERT’s advisory board. Mr. Labbe’s expertise is in operations management in the Transport, Oil & Gas and Retail/Service industries and mostly in South America. He has worked with Shell Company (Chile) as the Head of Order Management South America; with Cummins Engines Inc. (Columbia) as Regional Service Manager and is currently the General Manager of Enermek (and its sub Enermek Fuels), an energy sector enterprise he founded in 2010 that focuses on providing environmental solutions and energy savings in the Latin American market.
Canvest 2015 – The CEO and President as well as the Chair of the BOD were expositors at the Vancouver conference May 31 and June 1 and participated in important meetings with industry analysts, fund managers and researchers from diverse institutions from across Canada. Here is a link to an interview conducted at the conference: Jim Payne, President of dynaCERT Speaks with Nancy Massicotte of ABN Newswire
Caribbean Pilot Project: After concluding Phase I testing of the pilot project of the HydraGen technology with a stationary power generator in the Caribbean, the Caribbean Pilot Project Partner underwent Partner’s major management changes. Pilot project was put temporarily on hold; final review of all data along with conversations with new management is now underway with expectations of moving into the next phases starting in the fall of 2015.
(this is a synopsis of the news release – see www.dynacert.com for complete release)