NetworkNewsBreaks – Clean Power Capital Corp. (C
Post# of 71
Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has signed a definite agreement to invest in FusionOne Energy Corp., a producer of technologies focused on the conversion of plastic waste to hydrogen and clean electricity. According to the agreement, Clean Power will support FusionOne’s commercialization strategy for its proprietary HydroPlas Reactor(TM), the first integrated technology thermal solution designed to produce white hydrogen from carbon-based waste, including plastics. In addition, MOTNF plans to deploy on two sites in North America, with planned delivery on both sites expected in 2022; the company also intends to deploy a third site in the United Kingdom with plans for additional site deployments in both the United States and the UK expected to be announced by early 2023. FusionOne technology enables the low-cost production of hydrogen with tipping fees received on the multiple, abundantly available waste streams used to generate electricity and hydrogen. Clean Power Capital’s plans to invest in FusionOne supports the company’s investment strategy. The announcement also noted that Clean Power has partnered with Toronto-based Media Nation Corp. to provide global marketing services.
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