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Clean Power Capital Announces Investment in Fusion One Waste to Electricity and Hydrogen Technology - Seite 2

Nachrichtenquelle: globenewswire
16.04.2021, 00:45  |  331   |   |   

FusionOne has successfully built a pilot plant, which has been both internally and externally validated on a number of carbon-based waste feedstocks with a specific focus on plastic polymers. However, as an early stage company, FusionOne does not have a history of operating the proposed plant on a commercial scale, and therefore has a limited history upon which the efficiency of its technology may be assessed at such scale. The FusionOne system is a new technology in the nascent hydrogen fuel industry, and therefore the success of the application of the FusionOne technology on a commercial level will depend on, among other factors, the general pace of development of the hydrogen fueling industry, the evolving regulatory environment, and the availability of further funding. The success of FusionOne is also dependent on the USPTO granting patents to the technologies that are currently at the application stage.

The Company is also announcing that it has retained Media Nation Corp., an arm’s-length party to the Company based in Toronto, Ontario, to provide marketing services focused on a world-wide basis. Media Nation is a digital online solutions and advertising firm. Under the agreement, which commences on the date hereof, the service provider is to provide content creation, distribution and advertising services in the agreed upon jurisdictions. The Company agrees to pay the service provider up to CDN $250,000 over a 3-month period.

All content created by the service provider on behalf of the Company and its investments will be reviewed and vetted in accordance with the Company’s enhanced review procedures before distribution.

About FusionOne

FusionOne is a privately owned end-to-end technology and operations company specializing in renewable electricity, white hydrogen production and thermal processing technologies. Deployment of their commercial system will result in thousands of tons of waste being diverted to a clean and profitable energy stream. FusionOne’s team brings decades of experience in emerging technologies and research and development of the most advanced solutions to the energy sector. To register interest in FusionOne’s technologies visit https://www.fusionone.co/.

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Clean Power Capital Announces Investment in Fusion One Waste to Electricity and Hydrogen Technology - Seite 2 VANCOUVER, British Columbia and TORONTO, April 15, 2021 (GLOBE NEWSWIRE) - Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or "MOVE"). The Company is pleased to announce that it has entered into a …

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