FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Nears Portable Ammonia-generating Prototype Rollout Amid Growing Demand for Green Tech Solutions

January 31, 2022 14:23:29
  • Canadian-based clean energy solutions innovator FuelPositive Corp. is developing a means of producing and using ammonia as a non-carbon polluting fuel source
  • FuelPositive regards the green ammonia produced by its unique system as a safer and more effective means of transporting hydrogen that can be used to provide power and other benefits in an environmentally positive manner
  • The agricultural and shipping industries are preferred targets for conversion because of their heavy carbon fuel use, and some companies are already preparing to transition away from fossil fuels as viable alternatives become available
  • The portability of FuelPositive’s solution also makes it an ideal means of providing energy to underserved, remote parts of the planet

As clean energy solutions innovator FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) nears launch of its initial proprietary modular system for producing green ammonia, the competition to advance green ammonia technology as a potential alternative to existing greenhouse gas-emitting fuel sources is heating up. 

Yale School of the Environment report this month (https://ibn.fm/a2p1n) noted that experimental green ammonia-producing plants powered by large wind or solar farms have been operating in Britain and Japan since 2018, another is planned in the United States by 2023, an Australia plant is aiming to produce 3,500 tons of green ammonia annually by the end of this year, and a Saudi Arabia plant aims to generate 1.2 million tons of it by 2025. In addition, there is the ‘world’s largest green ammonia plant’ planned for South Africa, set to go live in 2025 (https://ibn.fm/oQPT8).

“This is a very dynamic field; there’s news out every day,” Melbourne, Australia’s Monash University chemist Douglas Macfarlane stated in the report. Macfarlane, like FuelPositive’s core team, has been working to develop new and much more efficient ways of making green ammonia. 

FuelPositive’s prototype systems will be fully portable when they roll out later this year with targeted capacity of producing up to 300 kilograms per day of liquid anhydrous green ammonia, which is the approximate amount needed to fertilize and power an 1,800-acre farm. But the output can be increased (or decreased) based on the end user requirements, according to the company, because of the system’s modular and scalable design (https://ibn.fm/CKVNA).

One end target is to store hydrogen as green ammonia for effective transportation and storage, with the option of easy conversion back to hydrogen for use in hydrogen fuel cells and other pure hydrogen applications. (FuelPositive’s green ammonia stores 65% more hydrogen than highly compressed pure hydrogen, per unit of storage) Hydrogen is widely regarded as the optimal alternative fuel for weaning industries and consumers off polluting carbon-energy sources that continue to threaten global quality of life amid ongoing climate change. The combustion of 100% green ammonia is also the focus of many studies around the world. 

The agriculture industry uses about 80 percent of the ammonia produced each year applying carbon-intensive methods for nitrogen-rich fertilizer that improves plant nutrition and crop quality, and ultimately preserves soil fertility, when used properly. (https://ibn.fm/8VcqT). Switching to green ammonia could be transformative for the industry, driving down farming’s carbon footprint by as much as 90 percent for corn and small grain crops, according to the Yale school report. 

The transition could benefit other industries as well, the consumer product transport industry in particular. A report last year by the International Energy Agency predicted that ammonia will be vital for the shipping industry, which is currently responsible for 3 percent of global emissions (https://ibn.fm/odaVh).

Shipping carrier Hoegh Autoliners announced Jan. 20 that it has ordered up to 12 LNG-fueled pure car and truck Aurora-class ships that will be suitable to retrofit to ammonia or methanol propulsion in keeping with its plans to make them the first in the carrier segment to run on green ammonia (https://ibn.fm/54SnU), signaling the industry’s serious intention to explore more environmentally friendly activity. 

FuelPositive’s modular, scalable platform is also being touted as a solution for providing energy to remote communities thanks to the technology’s portability and efficiency. 

“Our (Hydrogen-Ammonia Synthesizer) systems are small, they’re about the size of a shipping container that you would see on an ocean-going ship, and we can move them all over the place. So they can be used exactly where the ammonia is needed, so we don’t have to transport ammonia all over the place,” CEO Ian Clifford told a group of young investment advisers last fall (https://ibn.fm/PnbBO). “We think our company will grow a lot in value over the next six to 12 months as our systems are delivered to end users — the people who need the ammonia.”

For more information, visit the company’s website at www.FuelPositive.com.

NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

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