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Market commentary Oct 2023 Verified

Technology-Based Carbon Credits from HVAC Systems Highlighted as Market Opportunity

DevvStream focuses on technology-based carbon credits, including those from energy-efficient HVAC systems, which are easier to quantify than nature-based solutions. The company partners with Ryoden Corp., part of Mitsubishi Electric Corp., which provides high-efficiency HVAC systems.

“DevvStream zeroes in on technology-based credits. Typical examples include fleets of electric buses and energy efficient HVAC systems, such as one made by Ryoden Corp., part of Mitsubishi Electric Corp., which has partnered with DevvStream.”

Entities

DevvStream Holdings Inc. · Mentioned Mitsubishi Electric Corp. · Mentioned Ryoden Corp. · Mentioned
HVAC Sentiment: Positive

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