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Alkaline Fuel Cell Power Corp. shares details behind new letter of intent

Alkaline Fuel Cell Power Corp. shares details behind new letter of intent

Alkaline Fuel Cell Power Corp. (NEO:PWWR.AQN) CEO Frank Carnevale joins Natalie Stoberman in the Proactive studio to break down the company's announced LOI to create a joint venture with AmmPower, as well a $4 million debt note for additional financing.

Carnevale says that the letter of intent is the beginning of pilot project to test PWWR’s off-grid fuel cell generator and AmmPower’s ammonia cracking technology.

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