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

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

posted on Nov 22, 2022 04:39PM

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

Q3 2022 Highlights

Advancing PWWR Flow’s (Near-Term) Revenue Strategy

  • First full quarter of revenue in AFCP history: $134,616
  • Exited quarter with working capital of $2.2 million and cash on hand of $3.1 million
  • Over $50M of potential projects (next 24-36 months)
  • Former CEO of Hydro One as advisor

Earlier today, the company announced a Letter of Intent for Joint Venture with AmmPower Corp. for Fuel Cell Generator Pilot Using Green Ammonia.

 

AmmPower is developing technology to convert green ammonia into green hydrogen, a process called ammonia "cracking". With this cracking technology, hydrogen can be safely stored and transported around the world as ammonia, and upon arrival at its destination, be converted back into hydrogen for a cleaner and more efficient end-use.

 

Frank Carnevale, CEO of Alkaline Fuel Cell Power commented,

“Given North America is years away from being able to deliver free-flowing hydrogen to customers, PWWR is doing everything we can to demonstrate more immediate alternatives designed to accelerate the sale of fuel cells to business and home owners. This is why I am so excited to partner with AmmPower as we aim to successfully demonstrate that green ammonia is an energy carrier that can bring clean ’Power to the People’ today. The AmmPower technology is converting green ammonia back into hydrogen and when combined with PWWR’s robust alkaline fuel cell technology, represents a great potential solution to deliver affordable, renewable and reliable electricity to customers who deserve better options than what exists today.”

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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