Go Green Global Technologies Corp. Announces the First Sale of CALCLEAR Products

Rhea-AI Summary

Go Green Global Technologies Corp. (OTCQB:GOGR) has announced its first sale of CALCLEAR™ patented products in North America. The company sold 20 units to an HVAC company in Norwalk, CT for resale to retail and commercial customers. CALCLEAR™ is a water-treatment technology that prevents scale build-up in various equipment, improving energy efficiency without chemical maintenance.

The global descaler market was valued at $9 billion in 2023, with a projected CAGR of 9% from 2024 to 2030. Go Green aims to disrupt the chemical water treatment industry with its eco-friendly electronic descaling products. The company plans to expand its sub-distributor network and develop a direct-to-consumer sales team in Q3 and Q4 of 2024.

Positive

• First sale of CALCLEAR™ products in North America
• Entering the $9 billion global descaler market with projected 9% CAGR
• Plans to expand sub-distributor network and develop direct-to-consumer sales team

Negative

• Initial sales to 20 units, indicating early stage of market penetration

BROOKFIELD, CT / ACCESSWIRE / August 20, 2024 / Go Green Global Technologies Corp., "the Company", "Go Green", (OTCQB:GOGR), an innovative company that provides industry-disruptive technology for a variety of water and fuel treatment applications, announces its first sale of CALCLEAR™ patented products in North America.

As part of the initial ramp-up phase to bring the proprietary CALCLEAR™ water-treatment technology to market, the Company has sold 20 units to an HVAC (heating, ventilation, and air conditioning) company based in Norwalk, CT for re-sale to individual retail and commercial customers.

CALCLEAR™ units are installed directly onto a water line to loosen existing mineral deposits and to prevent future scale build-up on a variety of equipment, including but not limited to boilers, cooling towers, hot water heaters, and other residential and commercial machinery. Scale build-up in the HVAC industry has a significant impact on energy efficiency, and traditionally requires costly chemical maintenance to combat the mineral deposits that form in pipes and equipment as a result of hard water.

According to "Verified Market Reports," the global descaler market, defined as the production, distribution and sale of chemicals and descaling agents, was valued at USD $9 billion in 2023, and the industry is forecast to expand at a CAGR (compound annual growth rate) of 9% between 2024 and 2030. Consumer demand for eco-friendly solutions to combat scale build-up in industrial and domestic appliances is increasing, and electronic descaling products like CALCLEAR™'s patented fleet of products have great potential to disrupt the chemical water treatment industry.

"We're seeing great interest in the product and look forward to expanding our network of sub-distributors of the CALCLEAR™ product line," comments Corrine Couch, COO of Go Green, "as well as developing a team for direct-to-consumer sales in the third and fourth quarters of this year."

About the Company:
Go Green Global Technologies Corp. is an innovative publicly traded U.S. company that provides industry-disruptive technology for a variety of water and fuel use applications. Utilizing the proprietary Sonical™ device for both non-chemical water treatment and fuel combustion, Go Green provides global solutions for the automotive, transportation, maritime and railway industries. The company is a pioneer and leader in the emerging Pulsed-Power technology sector. Since inception, the company has focused on technologies that lead to a cleaner and more efficient planet.

Safe Harbor Statement: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.

Contact Information:
Go Green Global Technologies Corp.
Email: info@gogreentechcorp.org
Phone: (866) 847-3366
gogreen-tech.org

SOURCE: Go Green Global Technologies Corp.

View the original press release on accesswire.com

FAQ

What is the first sale announcement for Go Green Global Technologies Corp. (GOGR)?

Go Green Global Technologies Corp. (GOGR) announced its first sale of 20 CALCLEAR™ patented water-treatment units to an HVAC company in Norwalk, CT for resale to retail and commercial customers in North America.

How does CALCLEAR™ technology benefit the HVAC industry?

CALCLEAR™ technology benefits the HVAC industry by preventing scale build-up in equipment such as boilers, cooling towers, and hot water heaters, improving energy efficiency without the need for costly chemical maintenance.

What is the size and growth projection of the global descaler market that GOGR is entering?

The global descaler market was valued at $9 billion in 2023 and is projected to grow at a CAGR of 9% between 2024 and 2030, presenting a significant opportunity for Go Green Global Technologies Corp. (GOGR).

What are Go Green Global Technologies Corp.'s (GOGR) plans for expanding sales of CALCLEAR™ products?

Go Green Global Technologies Corp. (GOGR) plans to expand its network of sub-distributors for the CALCLEAR™ product line and develop a team for direct-to-consumer sales in the third and fourth quarters of 2024.