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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 Capital Corp. (OTC: MOTNF) announces significant advancements by its subsidiary, PowerTap, in reducing hydrogen production costs with its Gen3 unit. Innovations in input costs, including electricity and renewable natural gas, coupled with reduced maintenance and downtime, are projected to cut hydrogen production costs by up to 50% and maintenance costs by nearly 75%. Additionally, the new systems are designed to enhance operational efficiency, supporting the broader adoption of hydrogen in transportation. This move is critical as Clean Power focuses on renewable energy investments.
Clean Power Capital Corp. (MOTNF) announces significant advancements in hydrogen production costs through PowerTap's Gen3 unit. Key innovations target input costs, focusing on electricity, renewable natural gas, and fresh water. Enhancements include electrochemical compression, effective use of excess CO2, and improved water recycling methods. Cumulatively, these innovations aim to reduce hydrogen production costs by up to 50% and maintenance costs by nearly 75%. The company's goal is to establish a competitive hydrogen fueling system, promoting broader acceptance in commercial transportation.
Clean Power Capital Corp. (OTC: MOTNF) announced updates regarding its subsidiary PowerTap's plans to implement a distributed hydrogen program. This program aims to enhance hydrogen supply reliability and reduce carbon emissions. PowerTap's patented onsite hydrogen production unit aims to eliminate supply disruptions and lower costs while improving safety. The initiative seeks to match onsite production with nearby hydrogen-fueling stations. Clean Power's focus on renewable energy investments remains strong, with an emphasis on sustainable solutions for hydrogen distribution.
Clean Power Capital Corp. (OTC: MOTNF) announced its subsidiary PowerTap's plans to implement a distributed hydrogen program aimed at mitigating supply chain risks in hydrogen delivery for transportation while reducing carbon intensity. PowerTap's innovative 1,250-kg modular onsite hydrogen production unit will increase local production, cut costs by avoiding shipping, and enhance safety by eliminating high-pressure gas transport. This approach positions PowerTap to supply hydrogen to nearby stations, addressing previous supply disruptions effectively.
Clean Power Capital Corp. (OTC: MOTNF) provided an update on its subsidiary PowerTap's participation in California's Low Carbon Fuel Standard (LCFS) program. PowerTap can generate revenue through the sale of LCFS credits as soon as its hydrogen fueling units are installed. By utilizing renewable natural gas (RNG) as feedstock, PowerTap anticipates increasing its potential credits to $5.60 per kg of hydrogen produced, potentially generating over $2 million annually per station. This financial incentive could facilitate the rapid build-out of hydrogen refueling infrastructure.
Clean Power Capital Corp. (MOTNF) announced updates on its subsidiary PowerTap's participation in California's Low Carbon Fuel Standard (LCFS) program. PowerTap aims to generate revenue through the sale of LCFS credits even before hydrogen dispensing begins. The potential earnings could reach $5.60 per kg of hydrogen produced, translating to over $2 million annually per fueling station. These credits can be sold to oil companies and polluters, providing an incentive for rapid hydrogen infrastructure development.
Clean Power Capital Corp. (OTC: MOTNF) has acquired the remaining shares of PowerTap Hydrogen Fueling Corp., increasing its ownership to 100%. The transaction solidifies Clean Power's commitment to developing a blue hydrogen fueling network in the U.S. PowerTap is focused on expanding its infrastructure for hydrogen vehicles. The acquisition involves issuing 22,000,080 common shares at $1.30 each, benefiting from exemptions under Canadian regulations. CEO Raghu Kilambi emphasizes the growth potential and commercialization opportunities from this acquisition.
Clean Power Capital Corp. (MOTNF) has acquired the remaining shares of PowerTap Hydrogen Fueling Corp., making it the sole shareholder. The acquisition, finalized on May 7, 2021, follows an initial investment in October 2020. Clean Power aims to leverage PowerTap's patented blue hydrogen production technology to expand its hydrogen fueling network across the U.S. The company issued 22,000,080 common shares valued at $1.30 each as consideration. CEO Raghu Kilambi expressed optimism about commercialization opportunities in the hydrogen sector.
Clean Power Capital Corp. (OTC: MOTNF) provided an update on its investment in FusionOne Energy Corp., which focuses on converting plastic waste into hydrogen and electricity. FusionOne has initiated production of its HydroPlas reactor, aimed for delivery by Q3 2021, and is preparing its facility in Detroit. The technology addresses both plastic waste and clean energy demands. Clean Power emphasizes the potential synergy between FusionOne and its subsidiary PowerTap, enhancing opportunities in the hydrogen sector.
Clean Power Capital Corp. (OTC: MOTNF) announced an update on its investment in FusionOne Energy Corp., which focuses on converting plastic waste into hydrogen and clean electricity. FusionOne has initiated production of its HydroPlas continuous cycle reactor, projected for delivery in Q3 2021. The facility is located in Detroit, enhancing logistical efficiency due to its proximity to abundant plastic waste. This project aims to address plastic waste and contribute to clean energy solutions.
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