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Message: VIDEO – Alkaline Fuel Cell Power Targets Zero Carbon Economy With $50 MILLION Pipeline of Potential Contracts

VIDEO – Alkaline Fuel Cell Power Targets Zero Carbon Economy With $50 MILLION Pipeline of Potential Contracts

posted on Nov 10, 2022 04:00PM

Alkaline Fuel Cell Power $PWWR $ALKFF 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: $50,000,000 + 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
    • First Certified Prototypes Expected In 2023

Q2 2022 Financial Highlights

  • ~5% increase in Total Assets from $8.968 million to $9.413 million
  • Achieved a 71% reduction in year-over-year quarterly operating expenses
  • Exited the quarter with working capital of $2.2 million and cash on hand of $3.1 million

Does Alkaline Fuel Cell Power have the expertise?

On June 16, 2022 the company appointed Carmine Marcello as Advisor.  As the former President and CEO of Hydro One, one of Canada’s largest electric transmission and distribution utilities, with a market cap of over $20 billion and over $23 billion in assets, Mr. Marcello’s experience and credibility of $PWWR business plan will prove to be invaluable.

 

But wait, there’s more…

 

On May 5, 2022 the company appointed Frank Carnevale as CEO.  As a former Executive Board Member of the Energy Council of Canada, several industry organizations and Chief Growth Officer of a public company delivering thermal energy systems, Carnevale has a proven track record of delivering real business and growth in parallel.   

Want to learn more? 

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

 

 

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