Cleantech Power Corp. Provides Updates on Frankfurt Stock Exchange Symbol and GENIUS Energy Hub Letter of Intent

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Cleantech Power Corp. (NEO: PWWR) (OTCQB:PWWRF) (Frankfurt: E43, WKN: A3EEHV), previously named Alkaline Fuel Cell Power Corp., (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable power and cleantech, is pleased to announce that the Company now trades on the Frankfurt Stock Exchange in Germany under the symbol “E43” and the securities identification number (in German: “Wertpapierkennnummer“ or WKN) “A3EEHV“. Additionally, PWWR is pleased to announced that it has progressed with its previously announced Letter of Intent by acquiring the Genius AI electric breaker panel (“GENIUS Energy Hub”).

“Our pathway to fuel cell commercialization success includes the integration of supporting cleantech”, stated Frank Carnevale, CEO of PWWR. “I look forward to assessing the additional potential of integrating the GENIUS Energy Hub into our future fuel cell products.”

"GENIUS has proven to be a game-changer in the energy industry," said Vic Burconak, CEO. "By integrating with Fuel Cell technology, we are providing a more efficient and effective way to generate power, while also enhancing the safety and reliability of the system. Our customers can expect to enjoy the benefits of a clean and reliable power source, with the added convenience and peace of mind provided by GENIUS."

PWWR has procured the GENIUS Energy Hub for use in the Festival Hydro fuel cell pilot announced on April 20, 2023. PWWR has purchased the GENIUS Energy Hub for approx. $5,000, to ensure immediate access to a unit in a dwindling inventory. GENIUS Energy Hub is expected to integrate with the PWWR Jupiter 1.0 fuel cell prototype to monitor and control the Jupiter 1.0's power output with greater precision, allowing for maximum efficiency, and reducing the risk of overloading the system. GENIUS Energy Hub may be used in other pilot site or PWWR business if opportunity presents itself priory to the Festival Hydro pilot.

ABOUT GENIUS ENERGY HUB

GENIUS Energy Hub is a hybrid solid state technology equipped with advanced sensors and software that will provide real-time data on the Jupiter 1.0's performance and power output. This information can be accessed remotely via a user-friendly interface, allowing for easy monitoring and adjustment of the fuel cell's operation.

GENIUS Energy Hub is designed to be compatible with a wide range of Fuel Cell systems, making it a versatile solution for a variety of applications, including residential and commercial buildings, industrial facilities, and mobile power generation.