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The majority of shares of PowerAvenue Corporation were purchased by Navigators International Management Co Limited on March 9, 2007 from the Principal of the company, Dr. Rocco Guarnaccia, for which payment was fully made and accepted as of March 17, 2010.

PowerAvenue Corp focuses in mass producing proton exchange membrane fuel cells, or PEMFCs for stationary and mobile applications. These hydrogen fuel cells, which have no moving parts, provide reliable, clean, quiet power, with an efficiency of 40-50%, while producing no harmful emissions.

They also are involved in developing novel, efficient methods for producing and distributing hydrogen, the primary fuel in these cells. They have devised a method of turning sand into a silicon, which when combined with water produces hydrogen from the water. The marvel here is that the silicon acts as the energy carrier, to be combined locally with water, to then create the hydrogen at the point of use. At the end of the day, 15 kg of sand yields 1 kg of hydrogen. The oxidized silicon can be recycled through a renewable energy source, to be used again as a carrier.

Their cell systems operate at low pressure and temperatures, have a high power-to-weight ratio, and are reliable and efficient. Combined with the portable energy solution provided by their silicon, their systems are thus able to provide decentralized, modular, point-of-use power.


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