POWERTAP’S BLUE HYDROGEN USES INNOVATIVE CARBON CAPTURE SYSTEM

December 8, 2020

NEWS RELEASE

VANCOUVER, British Columbia and Newport Beach, California, December 8, 2020 – Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). The Company is pleased to provide an update on the activities of its previously announced investment in PowerTap Hydrogen Fueling Corp. (“PowerTap”).   PowerTap is introducing an innovative carbon capture system to its patented PowerTap onsite steam methane reformation hydrogen production to generate blue hydrogen.

The majority of Hydrogen in the USA is produced utilizing Steam Methane Reformer technology (SMR) and utilizes natural gas as its primary feedstock.  This process provides the lowest cost per kilogram for the production of Hydrogen of any other method currently commercially available today.  However, the production of this Grey Hydrogen has a major byproduct called CO2 (carbon dioxide) which is a very destructive greenhouse gas. As described in the article, “Estimating The Carbon Footprint of Hydrogen Production,” dated June 6, 2020, the amount of CO2 generated is massive, almost a nine to one ratio CO2 to Hydrogen produced[1]. It is critical to contain carbon dioxide from entering the atmosphere to protect the environment and meet the standard necessary to produce blue hydrogen.

Carbon capture systems are designed to eliminate the release of CO2 by various means from sequestration, absorption and/or by producing a chemical reaction to consume all of  the CO2. However,  the fact is that all of these methods have their own challenges and offsets.  PowerTap utilizes a unique process that creates a chemical reaction that not only disposes of the CO2 but in the process creates clean renewable electricity that can be fed back into the local electric grid or used to create a unique renewable micro grids for local power distribution. This solution has never been available in a small scale Hydrogen production solution and will be the first deployed in support of PowerTap’s modular Hydrogen fueling stations in the U.S.

“We strongly believe the combination of Steam Methane Reformer technology and Carbon Capture System produces one of the greenest Hydrogen commercially available today”, said Kelley Owen, PowerTap’s Chief Operating Officer.  “Furthermore, to substantiate these claims we would refer people to the Department of Energy’s Wells to Wheels Record #9002, ‘Well-to-Wheels Greenhouse Gas Emissions and Petroleum Use,’ dated March 25, 2009[2], which shows that Hydrogen produced utilizing Steam Methane Reformer (SMR) technology in conjunction with Carbon Capture Systems produce less than one fourth the GHG (greenhouse gas) of Electrolysis systems powered off the U.S. electricity grid. We look forward to building out the Hydrogen Highway of today by producing fuel at the lowest possible cost, while providing a greener solution on a large scale commercially available in urban markets to support the refueling of vehicles and fleets across the U.S.”

[1] https://www.forbes.com/sites/rrapier/2020/06/06/estimating-the-carbon-footprint-of-hydrogen-production/?sh=61fe73ab24bd

[2] https://powertapfuels.com/pdf/DOE_wells_wheels.pdf

ABOUT POWERTAP

The Company invested in PowerTap on October 27, 2020 (see the Company’s news release on October 28, 2020). PowerTap is leading the charge to build out cost-effective hydrogen fueling infrastructure through its environmentally friendly intellectual property, product design for the modularized and lowest tier production cost of hydrogen, and launch plan.  PowerTap technology-based hydrogen fueling stations are located in private enterprises and public stations (near LAX airport) in California, Texas, Massachusetts, and Maryland.  Additional information about PowerTap and the Hydrogen Industry may be found at its website at http://www.powertapfuels.com

ABOUT CLEAN POWER CAPITAL CORP.

Clean Power is an investment company, that specializes in investing into private and public companies opportunistically that may be engaged in a variety of industries, with a current focus in the health and renewable energy industries. In particular, the investment mandate is focused on high return investment opportunities, the ability to achieve a reasonable rate of capital appreciation and to seek liquidity in our investments. A copy of Clean Power’s amended and restated investment policy may be found under the Company’s profile at www.sedar.com.

ON BEHALF OF THE ORGANIC FLOWER INVESTMENTS GROUP INC. BOARD OF DIRECTORS

“Joel Dumaresq”

Joel Dumaresq
CEO, Director

+1 (604) 687-2038
info@cleanpower.capital

Learn more about Organic Flower by visiting our website at: https://cleanpower.capital/

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Notice Regarding Forward Looking Information:

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward-looking information includes, but is not limited to: political changes in Canada and internationally, future legislative and regulatory developments involving cannabis in Canada and internationally, AgraFlora’s ability to secure distribution channels in international jurisdictions, competition and other risks affecting AgraFlora in particular and the cannabis industry generally. Without limiting the generality of the foregoing, the forward-looking statements herein include, among other things, the ability to develop the Delta Greenhouse Complex and the successful integration of Organic Flower’s unique domestic downstream asset portfolio under the AgraFlora banner.

The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward- looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.