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YahClick selects Clear Blue Technologies’ (TSXV:CBLU) Smart Off-Grid Solar Power Systems for Africa

Renewable Energy, Sponsored, Technology, The Watchlist
TSXV:CBLU
03 February 2022 13:00 (EDT)

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YahClick has selected Clear Blue (CBLU) as its preferred Smart Off-Grid, solar power system provider for customer deployments across Africa.

Initial orders worth $425,000 in revenue, from two YahClick customers across 44 sites commenced shipping in Q4 2021. Follow-on shipments for these and other YahClick customers are expected throughout 2022, beginning in Q1.

Clear Blue Cofounder & CEO Miriam Tuerk sat down with Dave Jackson to discuss the opportunity.

“YahClick is a leader in broadband and satellite services across Africa. We are thrilled to be their partner as they roll out their customer networks across Africa. And this is only the beginning of Clear Blue’s role in bringing wireless power management solutions to unserved and underserved populations.”

Initial installations under this partnership will begin in early 2022 for sites in Nigeria and Zambia, with an estimated target of close to 1,000 sites to be installed over the next 12 to 24 months.

The initial orders across 44 sites totalling $425,000 in revenue are expected to have an estimated $225,000 of additional ongoing revenue, representing a total estimated 5-year lifetime contract value of $650,000.

YahClick, a joint venture between the UAE-based Al Yah Satellite Communications Company PJSC, provides commercial Ka-band satellite broadband solutions to unserved and underserved communities across the Middle East, Africa, Central and Southwest Asia. 

Clear Blue Technologies is engaged in the development and sales of smart off-Grid power solutions and management services.

Clear Blue Technologies International (CBLU) opened trading at C$0.26 per share.

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