Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, and PowerTap Hydrogen Fueling Corp., a company in which it has invested, has announced that PowerTap president Salim Rahemtulla has been appointed chair of the California Hydrogen Business Council’s (“CHBC”) Light-Duty Vehicle and Infrastructure Initiative Committee. The California Hydrogen Business Council is comprised of companies, agencies, nongovernmental organizations and academia involved in the business of hydrogen. The appointment was effective starting April 19, 2021. The committee is one of four policy committees focused on providing member-driven education and market intelligence throughout the state; the other committees are Heavy-Duty Vehicles and Infrastructure, Renewable Hydrogen & Climate Change, and Pipeline and Fuel Cell Infrastructure. These committees act as CHBC’s advocacy for legislation and regulatory actions aimed at development and commercialization of hydrogen and fuel cell technology in California, such as zero-emission vehicle and infrastructure programs as well as transportation incentives. The announcement noted that Rahemtulla’s appointment means that PowerTap leadership will be involved in driving the growth of hydrogen in the transportation sector. “We are excited for the appointment of a representative of PowerTap to lead this initiative committee and play a role in advocating for the growth and expansion of hydrogen adoption for light-duty vehicles and infrastructure,” said Clean Power CEO Raghu Kilambi in the press release.
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About Clean Power Capital Corp.
Clean Power is an investment company that specializes in investing in 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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