NHHH:CC - GreenEnergyBreaks - FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Eyes Opportunity in Decentralized Model of Ammonia Production
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), an enterprise committed to clean energy solutions such as its proprietary containerized green ammonia production system, recognizes the challenges farmers are facing amid the ongoing global fertilizer shortage occasioned by the Russia-Ukraine war. FuelPositive also recognizes the opportunity that exists in a decentralized model of ammonia production. “Over 80% of the world’s ammonia is being used in the agricultural setting as fertilizer. With the use of FuelPositive’s containerized technology that produces green ammonia on site, farmers can do away with mainstream supply chains and the challenges that come with that by producing their own fertilizer on their farms. In addition, they can contribute toward a greener planet with dramatically reduced carbon emissions,” explains a recent article. “With Russia accounting for 23% of global ammonia exports and 48% of the world’s supply of ammonium nitrate, the rest of the world is exploring new ways to address the current shortages and price hikes. FuelPositive is at the forefront of offering a more sustainable solution and one that could benefit all farmers, including those who operate on a relatively smaller scale.”
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About FuelPositive Corporation
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable “cradle to cradle” clean technology solutions, including a containerized green ammonia (“NH3”) production system for use across a broad spectrum of industries and applications. By focusing on technologies that are clean, sustainable and economically advantageous/realizable, the company aims to change the course of climate change through practical solutions that can be implemented in the short term. The FuelPositive containerized green ammonia production system produces pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green ammonia is also being considered as a key enabler of the hydrogen economy. FuelPositive systems are designed to provide for green ammonia production on-site, where it’s needed. This eliminates wildly fluctuating supply chains and offers end-users energy and supply security, while cutting carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional ammonia produced today as fertilizer. Already proven in the lab, FuelPositive is currently building three full-sized systems. The first system will be field-ready and fully validated by FuelPositive and two accredited third parties, before being moved to a farm in Manitoba, Canada. The company expects to begin serial, assembly-line manufacturing in 2023. For more information about the company, visit www.FuelPositive.com.
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