HySights Ratings mark the first time a market intelligence provider has developed an independent, standardised metric to evaluate, compare, and benchmark New Energy projects worldwide. This includes projects across different lifecycle stages (from pre- to post-production) and different pathways (e.g. green and blue). Market stakeholders using HySights Ratings gain insight into a project across three key dimensions: its commercial feasibility, or Performance, the Cost of producing its low-emission molecules, and its Emissions intensity. Each is graded on a six-point scale from A to F.
HySights analysts ensure the accuracy of the data underpinning its ratings through the company’s proprietary vertical AI (AI purpose-built for New Energy applications), capable of processing data from diverse sources: private and public, primary and third-party. The AI further enables access to data in over 130 languages and support for up-to-real-time operational data like emissions monitoring. At present, HySights has analysed data from over 45 million pages of text, including over 3 million translated pages.
Headquartered in Singapore, HySights strategically leverages the city-state’s position as a global energy trading hub, financial, and shipping centre, to support stakeholders across the New Energy value chain in high-value decision-making. They include project developers, offtakers, financiers, equipment suppliers, and upstream renewable energy providers. Says Mittman, "Singapore’s established capabilities in energy trading, sustainable finance, and technology development align perfectly with our mission to accelerate the energy transition."
HySights was incubated under the Singapore Economic Development Board’s (EDB) Corporate Venture Launchpad (CVL) programme, which supports Singapore-based companies with venture creation and startup partnerships. HySights is also supported by global industry leaders IMI plc and Rainmaking APAC.
