Clear Blue Technologies Partners with Growth Energy on Clean Power

Clear Blue Technologies Teams Up with Growth Energy for a Green Initiative

TORONTO — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRA:0YA) (OTCQB: CBUTF), a recognized leader in Smart Power solutions, has officially partnered with Growth Energy to initiate a transformative project aimed at replacing traditional diesel power with sustainable solar energy across telecom sites in Africa.

Project Overview and Impact on Telecom Services

The partnership marks a significant milestone for both companies as it aims to switch several cell phone towers from diesel to solar, addressing the challenges of fuel costs and availability in the region. By implementing Clear Blue’s innovative Esite-Micro power technology and the Illumience Smart Power management service, this initiative seeks to undeniably enhance the reliability and sustainability of telecom services during critical periods.

As negotiations finalize, preparations for financing disbursements and project kick-off are underway. This large-scale effort, expected to encompass three phases from 2024 through 2026, could contribute an impressive total of $4 million to the local economy while ushering in a green transition.

Statements from Company Leaders

Miriam Tuerk, the CEO of Clear Blue, commented on the project’s significance for the African energy landscape, stating, “This initiative is emblematic of a broader shift occurring across Africa, moving towards eco-friendly power solutions instead of reliance on diesel generators. With our Smart Power technology, we are committed to delivering effective and reliable energy solutions, thereby supporting the operations of our clients.”

John Okoro, Managing Director of Growth Energy, echoed similar sentiments, praising Clear Blue’s responsiveness and technical proficiency. He mentioned that the collaborative approach on design and cost-effectiveness allows them to meet stringent quality assurance standards and aggressive project cost targets. This partnership not only plots out a pathway for efficient power solutions but also increases operational support for long-term maintenance of these essential systems.

About Clear Blue Technologies International

Clear Blue Technologies is dedicated to delivering managed solar power solutions to meet global demands for reliable and cost-effective energy across a wide range of applications, including lighting and communication systems. Their innovative approach, harnessing cloud computing and AI, enables them to propel their clients on the journey towards zero diesel dependency.

Today, Clear Blue manages numerous systems in 45 countries, from Africa to North America, demonstrating the global relevance of their advanced technology. The company remains committed to helping clients achieve their net-zero goals, solidifying its position as a leader in the emerging sustainable energy landscape.

About Growth Energy

Growth Energy specializes in the development and management of renewable energy plants tailored for various sectors, including telecommunications. Their standout strategy facilitates projects through flexible financial models that reduce upfront costs. Through their comprehensive partnerships, they strive to enhance sustainability while driving economic growth in local communities.

With operational footprints in multiple African nations, their diverse team brings together international expertise to drive impactful energy solutions, supporting industries in their transition towards greener alternatives.

Frequently Asked Questions

What is the main objective of the Clear Blue and Growth Energy partnership?

The primary aim is to replace diesel fuel with solar power for telecom sites in Africa, enhancing sustainability and reducing operational costs.

What technology will Clear Blue provide for this project?

Clear Blue will utilize its Esite-Micro power technology and Illumience Smart Power management service to facilitate the solar transition.

How much is the total project ultimately estimated to be worth?

The project is estimated to be worth up to $4 million across three phases from 2024 to 2026.

How does this initiative impact the energy landscape in Africa?

This project represents a shift towards cleaner energy sources, helping to mitigate the reliance on expensive and polluting diesel generators across the continent.

How can customers benefit from the energy solutions offered?

Through sustainable energy solutions, customers will enjoy reduced operational costs and enhanced reliability, positioning them better within their respective industries.

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