$PWWR Signs 4th LOI And 1st With Utility Company To Pilot Hydrogen Fuel Cell

AGORACOM Small Cap CEO Interviews

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
• Significant Cost Advantages VS PEM Fuel Cells Requiring Platinum & Palladium
• In Development Right Now

2023 PRIORITIES

PWWR is generating decisions based on the following 2023 priorities:

• Speed up path to greater revenue and earnings
• Reduce Fuel Cell cash burn and match to strategic projects
• Use Fuel Cell Pilots to generate nearer term sales opportunities
• Source funding pathway to reducing cost of growth capital

HIGHLIGHTS

• Revenue for first 9 months of 2022: $134,616
• $1M Convertible Note Financing secured
• Former CEO of Hydro One as advisor
• Launched Jupiter 1.0 Prototype Fuel Cell System for Homes and Small Buildings
• LOIs for Joint Ventures with

But wait, there’s more…

Late last week the company announced a Letter of Intent with Festival Hydro to Pilot Jupiter 1.0 Fuel Cell with Supporting Cleantech

PWWR is seeking to pilot its Jupiter 1.0 or 4 kW fuel cell generator in a Festival Hydro site to develop the business case on the use of an alkaline fuel cell to provide either or both back-up and peaking power capacity downstream in the Festival Hydro network. PWWR and Festival Hydro have identified a site owned by Festival Hydro.

What did Frank Carnevale, Chief Executive Officer of PWWR have to say?

“PWWR is thrilled to announce this agreement with Festival Hydro to pilot our Jupiter 1.0 fuel cell prototype. Over the past few months, PWWR has signed agreements with cleantech partners that may enhance the success of bringing our fuel cells to market quicker than anticipated, and locating these technologies with a forward-looking utility is a great opportunity to demonstrate and build the business case of utilizing hydrogen fuel cells within electric grids to support the decarbonization of the grid. PWWR sees the downstream deployment of small hydrogen fuel cells as critical to meeting utility needs and delivering affordability, renewable and reliable power to end-customers.”

Want to learn more?

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