Cleantech Power Corp. $PWWR $ PWWRF is a clean tech energy company that provides renewable energy focused investors with a powerful 3-step business plan to capitalize on the paradigm shift towards a zero carbon economy.

1. CURRENT - Traditional Heat & Power Business: $150,000,000 + Pipeline Of Potential Contracts

• Next 24 - 36 Months
• $16.6M Potential Gross Revenue 
• $7.7M Potential EBITDA 
• For Customers In Multi-Residential Or Commercial Buildings
• Delivers Improved Energy Efficiency Of More Than 20%
• 33 Active Accounts - 23 Proposals
• Located and Operating In Canada

 2. NEAR TERM: Fuel Cell Generators For Backup And Off Grid Applications In B2B

• Revenue Opportunities For Off-Grid & Back Up Generator Market 
• Ideal For Diesel Generator Customers Needing To Eliminate Emissions
• Ideal Route Is B2B Partnership With Current Generator Companies
• 10kW Fuel Stacks To Be Integrated Into Large Configurations Up To 100kW

3. LONG TERM: Hydrogen Powered Fuel Cell For The Consumer Market (B2C)

Micro Heat & Power Solution To Rival Tesla Powerwall To Power People At Home

• Targeting Customers In Residential and Small/Medium Size Power Markets
• Significant Competitive Advantages VS Tesla Powerwall 
  • Hydrogen Constant Power VS Solar Intermittent Power
• Significant Cost Advantages VS PEM Fuel Cells Requiring Platinum & Palladium 
  • Fewer Components Utilizing Nickel & Graphite Fuel Cells
• In Development Right Now

2023 PRIORITIES

PWWR is generating decisions based on the following 2023 priorities:

• Speed up path to greater revenue and earnings
• Reduce Fuel Cell cash burn and match to strategic projects
• Use Fuel Cell Pilots to generate nearer term sales opportunities
• Source funding pathway to reducing cost of growth capital

HIGHLIGHTS

• Revenue for first 9 months of 2022: $134,616
• $1M Convertible Note Financing secured
• Former CEO of Hydro One as advisor
• Launched Jupiter 1.0 Prototype Fuel Cell System for Homes and Small Buildings
• LOIs for Joint Ventures with 
  • AmmPower Corp. for Fuel Cell Generator Pilot Using Green Ammonia 
  • Progressus Clean Technologies Inc. for Industry-Leading Clean Hydrogen Joint Venture Pilot
  • LOI to Integrate GENIUS Energy Hub- Energy Breaker Panel with Jupiter 1.0 Fuel Cell
  • LOI with Festival Hydro to Pilot Jupiter 1.0 Fuel Cell

But wait, there’s more…

The company announced that it Entered Into Non-Binding Letter of Intent to Acquire Combined Heat and Power Assets. 

Why is this significant?

The Company believes that if consummated, the transactions could have the potential to provide approximately $1.5 million annual cash flow.

Frank Carnevale, CEO of Cleantech Power Corp. commented,

“Cleantech Power is focused on delivering our vision of combining stable energy streams with advanced hydrogen technology to bring value to Investors. In addition to the Potential Transaction contributing towards the Company becoming EBITDA-positive, the new project pipeline associated with the CHP Assets would bring our current total on non-contracted sales leads to over $150 million in CHP projects to develop in the coming years.”

Want to learn more? 

Sit back, relax and watch this powerful interview with Frank Carnevale, Chief Executive Officer of Cleantech Power Corp.