0 seconds of 4 minutes, 48 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
04:48
04:48
 
  • Clear Blue Technologies (CBLU) has signed MOUs with iSAT Africa and Global Communications Extension Services
  • The iSAT order is worth an initial amount of C$2 million and has an estimated five-year Life-Time Contract Value of C$3 million
  • The MOU with Global Communications Extension Services establishes Clear Blue as Global’s preferred power provider over the next five years
  • Miriam Tuerk, CEO and Co-founder of Clear Blue sat down with Shoran Devi to discuss the news
  • Clear Blue Technologies delivers clean, managed, wireless power using its patented Smart Off-Grid technology
  • Clear Blue Technologies International (CBLU) opened trading at C$0.215 per share

Clear Blue Technologies (CBLU) has signed MOUs with iSAT Africa and Global Communications Extension Services.

The MOU with Global Communications will see Clear Blue provide Smart, Solar Off-Grid power systems and services to power telecommunications sites in Nigeria.

The agreement with iSAT Africa calls for Clear Blue to provide a minimum of 300 off-grid, remote power systems for satellite and cell phone services in four countries in Africa.

Miriam Tuerk, CEO and Co-founder of Clear Blue sat down with Shoran Devi to discuss the news.

“iSAT Africa is a key partner in bringing connectivity to the unconnected throughout Africa. They have a number of deployments in numerous countries already, and we are thrilled to be working with them on this project and hopefully, many more to come in the future.” 

“GCES is devoted to transforming Nigeria through connectivity and we are committed to delivering this transformation with clean, managed, off-grid, wireless power for connecting the unconnected. Clear Blue is proud to partner with them now and for many years to come.”

Clear Blue builds technologies to deliver smart, clean, renewable, efficient and cost-effective power to the billions of people around the world who still lack access to reliable power. Clear Blue projects currently use sun and wind for telephone systems, streetlights and agriculture in 37 countries, from Norway to Nigeria to New Zealand.

Clear Blue Technologies International (CBLU) opened trading at C$0.215 per share.

More From The Market Online
AI generated stock image,

@ the Bell: Markets pop on copper price and geopolitical tensions

Canada’s main stock index increased on Tuesday, driven by geopolitical tensions and uncertainties surrounding tariffs, which boosted copper.
AI generated stock image Canadian Maple Leaf on top of stock market graph, with people on the floor looking upward

@ the Bell: TSX starts week strong

The TSX kicked off the week with a strong rally, reflecting gains seen on Wall Street as the US might adopt a moderate tariff…
ai generated stock image.

@ the Bell: Did markets grow on the first day of spring?

TSX growth was driven by strong performances in the energy and financial sectors, supported by rising oil prices.