CLEAN POWER INNOVATION                   

Targeted customers will be countries with oil and gas natural resources and high DNI that are financially motivated to move away from using their natural resources subsidized electricity. For instance, Saudi Arabia is generating its own electricity using oil that is >90% subsidized and is expected to become an oil importer by 2030 if no other cost effective alternatives for electricity production come into play. Saudi Arabia plans to generate 41GW of solar electricity by 2032. CleanPowerInnovation™ has already presented such projects in Algeria, Turkey and Morocco and received strong interest.

Other potential candidates will be countries such as Saudi Arabia, Libya, UAE, and Qatar and other countries with high DNI, which allows for the maximum harvest of production (kWh) per installed base (kWpeak). We expect that the cost of kWh produced in these high DNI countries will be at or below the local subsidized grid parity. Also, the company will be building off-grid solar plants isolated from grid infrastructure, for instance along the Algerian borders which will make possible new communities to settle. Market in those regions is expected to reach 100GW within the next 10 years based on current market forecast.

CPI is present in the following countries:

U.S.A, France, Germany, Italy, Morocco, Algeria, Qatar and Kazachstan.

If you are interested in learning more about CleanPowerInnovation™ and investment opportunities, please contact us.