Our work is to identify and partner with world-class production projects and bring them future commercial certainties today. Once they qualify for our project portfolio through our HPQS, we work with them on building an initial offtake proposal. This process begins as early as possible in the project's lifecycle.
Our proposal, tied to our HPQS, contains the elements and specifications that constitute our demand profile, including the product's green certification process, and automatically turns itself into a purchase agreement as the projects evolve.
Counting with an offtake path early in its lifecycle gives the project a critical advantage to escape the bottlenecks caused by the slow development of plant component manufacturing and supply chain capacity.
At the same time, building a competitive and reliable supply of green hydrogen today allows our offtake partners to escape future supply constraints caused by the point above and transition their operations as planned.
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