Together with our technical partners, we develop a set of region-specific due diligence processes and protocols defined as Hydrogen Production Qualification Standards (“HPQS”).
This system measures the risk, competitiveness, and reliability of a green hydrogen production project based on the information produced and collected during, but not limited to, the feasibility and engineering design phases, business plans, consortia formation, infrastructure plans, and technological decisions.
Through the HPQS, we have a multi-stage evaluation process that drives our partnerships with production projects transparently and predictably, from feasibility studies to an offtake agreement.
Our mission is to support the best projects by providing future commercial certainties early in their lifecycle. The HPQS is our way of defining that future.
NewBalance and its partners develop a set of region-specific due diligence and production protocols defined as Hydrogen Production Qualification Standards (“HPQS”) to measure the competitiveness and reliability of production projects.Learn More
We invest capital into our portfolio projects in support of its development through feasibility and Front End Engineering Design phases to ultimately achieve a successful and accelerated Financial Investment Decision.Learn More
NewBalance works with each project to develop an offtake proposal early in the project life cycle. NewBalance's HPQS governs the offtake proposal and works as a roadmap for automatically converting it into a purchase agreement.Learn More