IMI Venture Studio reposted this
Low-emission fuels, such as hydrogen and biofuels, are critical to #decarbonisation efforts in hard-to-abate sectors like shipping, aviation and petrochemicals. However, a lack of common risk metrics can often impede investments in the #NewEnergy market as companies are unable to accurately assess the risk and returns of projects without sufficient pricing information. Newly-launched HySights provides a possible solution. As the world’s first and only ratings agency for New Energy projects, HySights provides its clients with standardised, independent metrics to evaluate, compare, and benchmark New Energy projects worldwide. This is done through its proprietary AI solution which processes data from multiple sources and is purpose-built for New Energy applications. According to HySights CEO Greg Mittman, the company chose to base its headquarters in #Singapore due to the city-state’s established capabilities in energy trading, sustainable finance, and technology development, which aligns closely with its mission to accelerate the energy transition. HySights was incubated under EDB’s Corporate Venture Launchpad (CVL) programme, which continues to support the development of impactful, scalable ventures to tackle global challenges. Learn more about the CVL programme: https://lnkd.in/gVwZwYxt #VenturesMadePossible I Gavin Stannett I Laszlo Gyory I Ciaran Roe