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Much of the world still needs power and it is expected that off-grid power companies will be the ones to provide much of it. In fact, the wireless power market is expected to grow from $4.47B to $5.25B in the next 5 years.
My pick in this space, Clear Blue Technologies International ($CBLU.V $CBUTF), creates low-cost, off-grid power which can be used for lighting, telecom services, security, and more.
$CBLU's latest quarterly update showed that their revenues increased 139% and that gross profit grew from $375,595 to $882,139 from the same quarter last year.
Just last week the company was selected by YahClick as its preferred Smart Off-Grid solar power system provider for deployments of its telecommunication customer sites across Africa.
Initial orders worth $425k from two YahClick customers have already been processed and additional orders from these and other YahClick customers are expected throughout 2022.
I really see $CBLU going places and I think it is a steal at $0.25/share
MC is $16.442M
https://www.globenewswire.com/news-release/2022/02/03/2378409/0/en/YahClick-a-Leading-Global-Satellite-Services-Operator-Selects-Clear-Blue-Technologies-Smart-Off-Grid-Solar-Power-Systems-for-Africa.html
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