Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Investee Company PowerTap Teams with Carbonomics to Build Credits Pathway

  • Holding company Clean Power Capital Corp.’s investee PowerTap, a hydrogen fueling innovator, has teamed with carbon energy credits expert Carbonomics to develop and maximize the company’s ability to use clean energy credits
  • PowerTap is driven to establish a “hydrogen highway” for environmentally conscious motorists looking for an effective alternative fuel
  • Clean Power Capital is a majority investor in PowerTap — a key part of Clean Power’s focus on building up health and renewable energy enterprises
  • PowerTap’s next-generation hydrogen stations are also capable of generating electricity to help them continue to pump fuel during a power outage or even potentially power the entire gas stop operation where the fuel stations are located

Holding company Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) advanced its mission of helping health and renewable energy enterprises achieve their growth potential when it became a majority investor in California’s PowerTap Hydrogen Fueling Corp last fall.

PowerTap has proven to be a formidable innovator in the clean power industry through its recent agreements with the Andretti Group for fuel station location, marketing and leadership (https://ibn.fm/lF640). Now PowerTap is maximizing its ability to navigate the regulatory hurdles for obtaining certification and emission reduction credits in the United States and international markets by teaming up with Carbonomics, and expert in the process of monetizing carbon credits.

“Carbon credits are a key part of every clean energy company’s strategy, and we are pleased to partner with Carbonomics to leverage their expertise and experience to maximize carbon credit revenues,” stated PowerTap CEO Raghu Kilambi (https://ibn.fm/UUvfG). “Leading clean energy companies like Tesla have used emission-reduction credit revenues (https://ibn.fm/K8cBV) to accelerate their growth and cash flow.”

PowerTap is preparing to install its 1,250-kilogram hydrogen production and dispensing stations at some of the Andretti Group’s more than 100 retail chain stores, which are focused on fuel, convenience and food operations through facilities under the Chevron, Texaco, Shell, 76, Circle K, Pacific Pride and CFN and other brands.

The stations are noteworthy not only for their role in helping to build up a “hydrogen highway” throughout California and eventually into other parts of the country, but also because they are capable of generating electricity.

“While much less electricity is needed to produce blue hydrogen vs green hydrogen (https://ibn.fm/39Un2), PowerTap recognized that electricity shortages may affect the operation of its fueling stations,” the company stated in a recent news release acknowledging the power outages in Texas brought on by unusual freezing weather (https://ibn.fm/D9Bd3). “To address this potential issue, PowerTap’s 3rd Generation Onsite Hydrogen fueling unit will have an industrial hydrogen fuel cell that can be used to turn excess hydrogen into electricity that can be used in various capacities including powering further hydrogen production or the rest of the gas/truck stop operations.”

PowerTap is a key part of Clean Power Capital’s investment portfolio. Clean Power’s 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, visit the company’s website at www.CleanPower.Capital.

NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.GreenCarStocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer

Green Car Stocks
San Francisco, California
www.GreenCarStocks.com
415.949.5050 Office
[email protected]

Green Car Stocks is part of the InvestorBrandNetwork.

Archives

Select A Month

Contact us: (310) 299-1717