Clean Vision Corp (CLNV)

[old man river]

Some helpful information to share...

I was on a hydrogen industry panel this past week. There were over 100 funders and developers attending. While it was arranged out of the EU about 60% of the topic involved US developments.

As for the Inflation Reduction Act, it was a godsend for new producers of hydrogen with the various incentives. However, the DOE still needs to come up with the pricing for non-green hydrogen. The big issue for developers is that the infrastructure to get the energy transported and stored does not match the pending demand. There appears to be a real timing gap which is not an overnight fix. The Act also put downwards pressure on hydrogen pricing as the tax credits displace market revenues.

The funders, banks, insurance companies, family offices, sovereign funds and the like said clearly that every developer will need solid offtake agreements to get funding today. The offtake buyer needs to be investment grade as the consumer level of the industry is very new. Ideally, the agreement should cover the time period needed to repay the debt. This is also true in the EU,