Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, provided an update on PowerTap Hydrogen Fueling Corp. MOVE invested in the company, which is introducing an innovative carbon capture system to its patented PowerTap onsite steam methane reformation hydrogen production in order to generate blue hydrogen. PowerTap’s exclusive carbon capture systems eliminates the release of CO2, which is a byproduct produced through steam methane reformer technology, the method by which the majority of hydrogen in the United States is produced. PowerTap’s proprietary process creates a chemical reaction that eliminates the CO2. Rather, PowerTap’s process produces clean renewable electricity that can be used through local electric grids or renewable micro grids for local power distribution. This solution has never been available in a small-scale hydrogen production solution. PowerTap will be the first company to deploy the system, which will be used in its modular hydrogen fueling stations located throughout the United States. “We strongly believe the combination of Steam Methane Reformer technology and Carbon Capture System produces one of the greenest Hydrogen commercially available today,” said PowerTap’s chief operating officer Kelley Owen in the press release. “We look forward to building out the Hydrogen Highway of today by producing fuel at the lowest possible cost, while providing a greener solution on a large scale commercially available in urban markets to support the refueling of vehicles and fleets across the U.S.
To view the full press release, visit https://ibn.fm/Sj1JB
About Clean Power Capital Corp.
Clean Power is an investment company that specializes in investing into 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.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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