Cleantech Power Corp. Provides Updates on Frankfurt Stock Exchange Symbol and GENIUS Energy Hub Letter of Intent - Seite 2

2023 Priorities
As per the March 6, 2023 announcement of list of 2023 priorities, PWWR is intending to use the Festival Hydro Pilot towards demonstrating the enhanced value to customers and potential partners and distributors, thus aimed to deliver nearer term fuel cell sales quicker than previously anticipated.

The integration with the GENIUS Energy Hub enables more control of multiple power inputs, thus enabling a more rapid path towards customer adoption opportunities when fuel cells are made available for sale.

PWWR has access to approximately $5 million in debt financing (the “Financing”), and intends to support costs in strategic fuel cell pilots.

Additional fuel cell pilots are being discussed with other parties.

As announced on April 4, 2023, PWWR is currently working towards securing its Fuel Cell assets (the “Fuel Cell Assets”) held at Fuel Cell Power NV (“FCP NV”) in Belgium, and utilize such assets in connection with various pilot projects in 2023 and 2024 (the “Pilot Projects”).

ABOUT CLEANTECH POWER CORP. (NEO: PWWR)
PWWR is a diversified investment platform developing affordable, renewable, and reliable power and cleantech. We bring ‘Power to the People’ today, combining a stable revenue stream with a future- forward vision to commercialize our advanced hydrogen fuel cell technology to meet the massive global market need, and ultimately generate compelling returns for investors.

PWWR is well positioned to deliver ‘Power to the People’ in the global energy transition while offering a diversified cleantech growth platform for investors.

Further information is available on the Company website at www.cleantechpower.ca and the Company encourages investors and other interested stakeholders to follow it on: Twitter, Facebook, LinkedIn, Instagram, TikTok and YouTube. Common shares are listed for trading on the NEO under the symbol “PWWR”, the OTC Venture Exchange “OTCQB” under the symbol “PWWRF” and on the Frankfurt Exchange under symbol “E43” and “WKN A3EEHV”.

For further information, please contact:

Frank Carnevale
Chief Executive Officer
[phone]
[e-mail]

Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “achieve”. Forward-looking statements in this news release may include, but are not limited to, the GENIUS Energy Hub and expected benefits, uses and integrations with assets of the Company, statements relating to Festival Hydro, statements relating to the Financing, Statements related to the Fuel Cell Assets and potential Pilot Projects, and statements with respect to the Company’s technology, intellectual property, business plan, objectives and strategy.