Alkaline Fuel Cell Power Corp. (NEO:PWWR.AQN) (AFCP) has announced that its CEO, Frank Carnevale, has been appointed to the board of directors of the Canadian Hydrogen and Fuel Cell Association (CHFCA), a national industry association focused on advancing the use of clean hydrogen and fuel cell technologies.
The Toronto-based company which joined CHFCA as a small business member in August said the appointment was effective from October 13.
Comprised of industry, academia, research agencies and other stakeholders, CHFCA’s goal is to champion the Canadian hydrogen and fuel cell sector as one of many solutions designed to help tackle the world’s most critical energy challenges.
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In addition, CHFCA focuses on arming businesses, investors, media, the public and other stakeholders with information about the opportunity and potential for hydrogen and fuel cells to play a key role in the energy transition.
The company said the position and mandate of CHFCA are well aligned with the group’s own mission to bring "PWWR to the People" through its combined heat and power technology that offers reduced emissions with improved energy efficiency, while also simultaneously developing hydrogen-powered micro-combined heat and power systems along with off-grid and back-up power generators featuring zero CO2 emissions to help meet global net-zero targets.
In addition to his experience serving as AFCP’s CEO, Carnevale brings extensive experience with managing investments in cleantech and PropTech platforms, including originating over $2.5 billion in transactions in the energy and utilities sectors.
Appointment elevates AFCP's position as a leader within the sector
Taking on this position with the widely respected CHFCA serves to further elevate AFCP’s, position as a leader within the hydrogen and fuel cell sector, the company said.
“I am very excited to have the opportunity to contribute to the CHFCA’s esteemed board of directors and be a positive driver of change in the energy space,” Carnevale said. “I intend to use this opportunity to assist educating key stakeholders on the benefits of hydrogen and the use of stationary fuel cells for residential and small building applications.”
“The energy transition is a necessary evolution to achieve the international target of net-zero by 2050 and ensuring that small energy customers have the best opportunities to have affordable, renewable and reliable power, is a critical component of success for customers and AFCP,” Carnevale added.
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