NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Moving Forward at Full Speed to Commercialize Green Ammonia Production System
Company: FuelPositive Corporation (NHHHF)
Category: Stock Spotlights
March 15, 2022
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) recently announced that it is on track to deliver the first prototype of its modular green ammonia production system in late summer 2022. According to company Chief Operating Officer Nelson Leite, “FuelPositive is moving forward at full speed to commercialize our in situ, modular, scalable, and transportable green ammonia production system.” Per the announcement, the building of the first demonstration units for its green ammonia production system is progressing according to plan. The system is made up of a nitrogen generator to extract nitrogen from the air, a water electrolyzer to generate hydrogen from water, and a patent-pending green ammonia synthesis reactor that will combine the hydrogen and nitrogen to form ammonia. A recent article reads: “According to the company, the electrolyzer’s construction has been completed and has passed the Factory Acceptance Testing (‘FAT’). Further, the synthesis reactor is on track for the planned demonstration pilot project, while the nitrogen generator, which experienced some delays due to pandemic-induced supply chain issues, is not expected to affect the rollout of the demonstration units planned to begin in late summer 2022. To meet this target, FuelPositive anticipates it will begin validating the systems in the first half of the year…”
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About FuelPositive Corporation
FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean technology solutions, including green ammonia (“NH3”), 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 now. The company’s core technology, a modular and scalable green ammonia system, takes air, water and sustainable electricity and synthesizes it into a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. FuelPositive systems are designed to provide for green ammonia production on-site, where it’s needed. This eliminates precarious supply chains and creates end-user security. Green ammonia is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. The company’s most recent corporate update can be found here. For more information, visit www.FuelPositive.com.
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