Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced that the third-generation technology of PowerTap Hydrogen Fueling Corp., an investee company of Clean Power, has electricity-generating capability. Clean Power made the announcement as Texas has experienced severe weather resulting in widespread electricity outages. In the announcement, the company noted that while designing its onsite Blue Hydrogren fueling tech, PowerTap knew that electricity shortages were a possibility in areas where the hydrogen fueling stations would be installed. In order to produce enough electricity to keep the fueling stations open, PowerTap’s third-generation onsite hydrogen fueling units all feature an industrial hydrogen fuel cell, which can be used to turn excess hydrogen into electricity. Clean Power invested in PowerTap last year. “We have taken the patented second-generation PowerTap technology, which is in use in private and public hydrogen fueling stations in the United States, and enhanced the technology for the coming Hydrogen Highway,” said PowerTap COO Kelley Owen in the press release.
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About Clean Power Capital Corp.
Clean Power is an investment company that specializes in investing into private and public companies opportunistically that may be engaged in a variety of industries, with a current focus in the health and renewable energy industries. In particular, the investment mandate is focused on high-return investment opportunities, the ability to achieve a reasonable rate of capital appreciation and to seek liquidity in its investments. For more information about the company, please visit www.CleanPower.Capital.
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