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PowerTap Hydrogen Capital Corp (symbol: MOTNF) is a leading company in the hydrogen fuel industry, specializing in the production and distribution of clean energy solutions. With a focus on sustainability and innovation, PowerTap is committed to reducing carbon emissions and promoting a greener future. The company's cutting-edge technology and strategic partnerships position it as a key player in the transition to renewable energy sources. PowerTap's recent achievements include successful product launches, expansion into new markets, and strong financial performance. As a reliable and forward-thinking company, PowerTap Hydrogen Capital Corp continues to drive positive change in the energy sector.
Clean Power (MOTNF) announces developments from its investee, PowerTap Hydrogen Fueling Corp., focusing on hydrogen production for commercial buses and trains. PowerTap's 3rd Generation units aim to provide blue hydrogen for these transport sectors. Initial discussions with various jurisdictions are underway to establish partnerships. PowerTap has previously engaged with entities like the Orange County Transit Authority, which aims to expand its hydrogen bus fleet. CEO Raghu Kilambi highlights ongoing discussions in various verticals, promising updates for shareholders.
Clean Power Capital Corp. (OTC: MOTNF) highlights its investee, PowerTap Hydrogen Fueling Corp., which is working to commercialize its 3rd Generation hydrogen production technology. PowerTap aims to expand into new markets, including commercial buses and trains, with ongoing discussions for partnerships. Notably, the Coradia iLint hydrogen train in Europe exemplifies this innovation. PowerTap's technology is also poised to benefit public bus fleets, like those of the Orange County Transit Authority, enhancing zero-emission transport options.
Clean Power Capital Corp. (OTC: MOTNF) announces advancements from its investee PowerTap Hydrogen Fueling Corp. regarding its 3rd generation hydrogen production module. This technology leverages advanced software for data analytics, significantly enhancing performance metrics like fuel dispensing rate and efficiency, which will lower operational costs and improve system longevity. PowerTap's efforts are aimed at expanding its hydrogen fueling infrastructure in key U.S. locations, positioning it favorably in the hydrogen market.
Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) announced advancements from its investee, PowerTap Hydrogen Fueling Corp., which is developing a 3rd generation onsite hydrogen production module. This innovative unit uses advanced software and data analytics to optimize system performance, reducing operational costs and enhancing storage efficiency. PowerTap is positioned to lead in hydrogen fueling infrastructure, with stations already established in several U.S. states. The company's focus remains on high-return investment opportunities in the health and renewable energy sectors.
Clean Power Capital Corp. (OTC: MOTNF) announces details on PowerTap Hydrogen Fueling Corp.'s onsite hydrogen production module for blue hydrogen. Utilizing Renewable Natural Gas (RNG) through advanced carbon capture, this technology aims to improve hydrogen production efficiency. PowerTap plans to commercialize its solutions at existing gas stations in key markets across the Western USA, facilitating the development of hydrogen fueling infrastructure. The move supports the transition to greener energy sources amidst rising interest in hydrogen as a sustainable fuel alternative.
Clean Power Capital Corp. (OTC: MOTNF) announces advancements in hydrogen technology through its investee, PowerTap Hydrogen Fueling Corp. PowerTap's third generation onsite hydrogen production module utilizes Renewable Natural Gas (RNG) and advanced carbon capture to generate Blue Hydrogen. The company aims to commercialize Blue Hydrogen fueling solutions across the Western USA, significantly contributing to sustainable energy goals amidst the growing hydrogen economy.
Clean Power Capital Corp. (CSE: MOVE)(OTC: MOTNF) announced a further investment in PowerTap Hydrogen Fueling Corp., increasing its equity interest to 94.5%. This follows an initial investment of 90% made on October 27, 2020. PowerTap is enhancing hydrogen fueling infrastructure, with stations already operational in multiple states. The investment aligns with rising market trends favoring hydrogen energy, driven by governmental initiatives in the U.S. and Canada aimed at reducing carbon emissions. The investment involved issuing 18 million common shares at $2.72 each, subject to a hold period.
Clean Power Capital Corp. (OTC: MOTNF) announces a Definitive Agreement with the Andretti Group for installing PowerTap Hydrogen Fueling's modular hydrogen production units in California. Retailers with suitable sites can benefit from reduced costs and increased revenue opportunities. The business model requires no lease costs for PowerTap, while retailers can earn from hydrogen sales and carbon credits. This partnership aims to expedite the rollout of over 500 hydrogen units in the USA by 2025, enhancing competitive pricing and driving customer traffic.
Clean Power Capital Corp. (CSE: MOVE)(OTC: MOTNF) announces an agreement between its investee PowerTap Hydrogen Fueling and the Andretti Group to deploy hydrogen production units in California. Retailers must meet specific site requirements, and PowerTap will install and maintain the units at no cost to them. This partnership provides revenue opportunities for retailers while expanding PowerTap's hydrogen infrastructure, aiming to deploy over 500 units by 2025. Clean Power continues to focus on renewable energy investments.
Clean Power Capital Corp. (CSE: MOVE)(OTC: MOTNF) has increased its equity interest in PowerTap Hydrogen Fueling Corp. to 94.5% by acquiring an additional 4.5% stake. The initial investment was made on October 27, 2020, when Clean Power acquired 90%. PowerTap is focused on developing hydrogen fueling infrastructure in the U.S. The company has agreements to market its technology to major retailers through partnerships with automotive industry connections. This investment aligns with Clean Power's renewable energy focus, supported by recent governmental initiatives promoting hydrogen as a clean energy source.
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