overview

The principals and founding shareholders of Pineapple Power are of the opinion that clean energy and the many industries associated with the supply of it pose a significant commercial opportunity in today’s environment.
 
The proliferation of solar and wind generation projects and the rapid and burgeoning replacement of fossil fuelled power generation, the activism and protests surrounding climate change and the rapid adoption of electric vehicles and development of battery storage technologies all lead to this inescapable conclusion.
Pineapple_Vector
In view of its economic, security, and environmental advantages, it is now a fact that clean energy will play a major role in meeting future energy needs and that the industries involved in the production of that energy, which include rare earth and minerals exploitation and mining, research corporations involved in the development of new technologies and the companies which develop and promote these, will offer significant opportunities for profit commercially.
 
It is the funding of such ventures that Pineapple Power Corporation PLC has been formed to address by offering access to the international capital markets and considerable corporate finance expertise.

the growth of the clean energy sector

World Total renewable energy consumption,
measured in terawatt-hours (TWh) per year.

world-total-renewable-energy-consumption-terrawatt-hours-year
wind-energy-cunsumption-by-region-terwatt-hours

Wind energy consumption by region, terawatt-hours Total wind energy consumption by region, measured in terawatt-hours (TWh) per year. Figures include both onshore and offshore wind sources.

Solar PV energy consumption by region, terawatt-hours

wind-energy-cunsumption-by-region-terwatt-hours
global-electric-car-sales-and-market-share

Global electric car sales and market share, 2013-18

Global cumulative sales of highway-legal light-duty plug-in vehicles reached 2 million units at the end of 2016, 3 million in November 2017, and the 5 million milestone in December 2018. Sales of plug-in passenger cars achieved a 2.1% market share of new car sales in 2018, up from 1.3% in 2017, and 0.86% in 2016.

BEV – Battery powered electric vehicles
PHEV – Plug-in Hybrid electric vehicles

 

As these charts and statistics clearly demonstrate, the growth of renewable clean energy and the increasing pressure on governments world-wide to implement technologies which reduce the rapidity of climate change are adding huge momentum to the industry.

 

The requirement for resource companies to locate, develop and mine the rare earths and metals essential to the development of electric motors, energy generation and storage solutions in the form of batteries is becoming increasingly important in this rapidly growing sector.

 

It is within this dynamic sector of renewable energy generation, utilisation and storage which the Board, Management and founding shareholders of Pineapple Power Corporation PLC intend to seek acquisitions immediately upon listing.