WATT Renewable Corporation, an independently owned sustainable
development company delivering hybrid solar solutions with social
impact to telcos, mobile network operators, financial service
providers and C&I businesses in Africa and Clear Blue
Technologies International Inc. (“Clear Blue”) (TSXV: CBLU)
(FRA:0YA) (OTCQB: CBUTF), the leader in Smart Power, announce a
preferred partnership to deploy a planned 1000 solar hybrid powered
systems for telecom towers across Nigeria and Africa over the next
3 years.
In October, WATT Renewable announced it has secured US$13million
in funding to support its development plans and for the initial
stage of 250, and has purchased 160 systems from Clear Blue for a
total purchase price of $1.58 million CAD.
Alongside the above purchase, the Parties have executed a
Preferred Alliance Agreement, which will see WATT and Clear Blue
work together to expand their mutual businesses across Africa.
Moreover,
- WATT has standardized it service
offering on Clear Blue’s Esite-Micro technology along with its
Illumience Smart Cloud management and analytics platform.
- WATT and Clear Blue shall
co-market and promote their mutual offerings to the African Market
to deliver WATT’s Best in Class Energy as a Service based upon
Clear Blue’s leading Smart Power technology and services.
Said Miriam Tuerk, CEO of Clear Blue, “Africa is the land of
opportunity with unparalleled growth expected over the next decade.
WATT, a Canadian/Nigerian company, has demonstrated its ability to
execute delivering world class service and operations, raising the
capital and funding needed, and with the values and operational
mindset to deliver. We believe this partnership will expand across
other high growth markets in Sub-Saharan Africa.”
Said Oluwole Eweje, Founder & CEO of Watt Renewables, “We
were already great fans of eSite Power Systems, but Clear Blue’s
acquisition of the company and the integration of the Illumience
Smart Power management system and operations services, brings the
entire solution to a new level. We believe it is the best solution
in the marketplace today and are thrilled to standardize on it as
our platform of growth.”
About Watt Renewable
WATT Renewable Corporation is an independently owned sustainable
development company delivering hybrid solar solutions with social
impact to telcos, mobile network operators, financial service
providers and C&I businesses in Africa.
https://www.wattrenewables.com/
About Clear Blue Technologies International
Clear Blue Technologies International, the leader in Smart
Power, was founded on a vision of delivering clean, managed,
“wireless power” to meet the global need for reliable, low-cost,
solar and hybrid power for lighting, telecom, security, Internet of
Things devices, and other mission-critical systems. Today, Clear
Blue is working with its customers “On the Road to Zero Diesel”.
Only thru massive cloud, data, predictive analytics and AI, can
Telecom customers wean themselves off of dirty fuel generators.
Clear Blue’s leading technology helps its customers achieve their
Netzero objectives. Clear Blue has thousands of systems under
management across 45 countries, including across Africa, the U.S.
and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB:
CBUTF) www.clearbluetechnologies.com.
FOR FURTHER INFORMATION:
WATT Renewable:Sherisse Alexander+1
(587.200.5466+234
09069140104sherisse.alexander@wattrenewables.comhttps://www.wattrenewables.com/
Clear Blue Miriam Tuerk, Co-Founder and
CEO+1 416 433
3952investors@clearbluetechnologies.comwww.clearbluetechnologies.com/en/investors
Nikhil Thadani, Sophic Capital+1 437 836
9669Nik@SophicCapital.com
Legal Disclaimer
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statement
This press release contains certain "forward-looking
information" and/or "forward-looking statements" within the meaning
of applicable securities laws. Such forward-looking information and
forward-looking statements are not representative of historical
facts or information or current condition, but instead represent
only Clear Blue’s beliefs regarding future events, plans or
objectives, many of which, by their nature, are inherently
uncertain and outside of Clear Blue's control. Generally, such
forward-looking information or forward-looking statements can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or may contain statements that certain actions, events
or results "may", "could", "would", "might" or "will be taken",
"will continue", "will occur" or "will be achieved". The
forward-looking information contained herein may include, but is
not limited to, the future phases of the project or future value of
this project for any mentioned parties.
By identifying such information and statements in this manner,
Clear Blue is alerting the reader that such information and
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Clear Blue to be
materially different from those expressed or implied by such
information and statements.
An investment in securities of Clear Blue is speculative and
subject to several risks including, without limitation, the risks
discussed under the heading "Risk Factors" in Clear Blue's listing
application dated July 12, 2018. Although Clear Blue has attempted
to identify important factors that could cause actual results to
differ materially from those contained in the forward-looking
information and forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended.
In connection with the forward-looking information and
forward-looking statements contained in this press release, Clear
Blue has made certain assumptions. Although Clear Blue believes
that the assumptions and factors used in preparing, and the
expectations contained in, the forward-looking information and
statements are reasonable, undue reliance should not be placed on
such information and statements, and no assurance or guarantee can
be given that such forward-looking information and statements will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information and
statements. The forward-looking information and forward-looking
statements contained in this press release are made as of the date
of this press release. All subsequent written and oral forward-
looking information and statements attributable to Clear Blue or
persons acting on its behalf is expressly qualified in its entirety
by this notice.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities described in
this news release. Such securities have not been, and will not be,
registered under the U.S. Securities Act, or any state securities
laws, and, accordingly, may not be offered or sold within the
United States, or to or for the account or benefit of persons in
the United States or “U.S. Persons”, as such term is defined in
Regulation S promulgated under the U.S. Securities Act, unless
registered under the U.S. Securities Act and applicable state
securities laws or pursuant to an exemption from such registration
requirements.
Clear Blue Technologies (TSXV:CBLU)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Clear Blue Technologies (TSXV:CBLU)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024