Clean Power Capital is addressing the need for green energy while helping the world transition from fossil fuels, which negatively impact the environment and the health of humans and animals alike.
With the U.S. Hydrogen market expected to be worth $130 billion by 2030, PowerTap Hydrogen, which is 100% owned by Clean Power Capital (NEO: MOVE) (OTC: MOTNF) (FRA: 2K6A), will look to capitalize in a big way on the massive American Hydrogen Fueling Opportunity by building the largest Hydrogen Fueling Station Network in North America.
With PowerTap’s patented onsite hydrogen production and dispensing technology, the company is disrupting the traditional expensive and inefficient model of centralized offsite hydrogen production at a large industrial facility.
PowerTap Hydrogen’s patented hydrogen production at the pump allows hydrogen vehicles to fill up at the point of production. Co-located with traditional gas stations, PowerTap’s patented unit can produce and dispense hydrogen for both commercial and passenger vehicles. The PowerTap unit uses renewable natural gas and water as an input to produce hydrogen at a price much lower than alternative methods and priced favourably to gasoline, diesel and battery electric.
PowerTap’s unit can fuel a vehicle in as little as a few minutes, the range per tank of hydrogen far exceeds that of Battery Electric Vehicles (BEVs), such as those manufactured by Tesla (NASDAQ: TSLA) and eliminates the need for heavy, expensive limited-life batteries.
With more and more Original Equipment Manufacturers (OEMs) like Toyota (NYSE: TM), Daimler (FRA: DAI) (OTC: DDAIF) owned Mercedes, BMW aka Bayerische Motoren Werke (FRA: BMW) (OTC: BMWYY), and Nikola (NASDAQ: NKLA) launching hydrogen vehicles, PowerTap will look to provide them with the necessary fueling infrastructure for a greener future.
Clean Power Capital is a paid client of Wealthy VC.
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