- Clean energy solutions innovator FuelPositive Corp. is developing a scalable, containerized, modular means of producing green ammonia for customers in the agriculture industry
- The agriculture industry uses 80 percent of the current global supply of ammonia for fertilizer
- FuelPositive’s IP is designed to produce 300 kilograms per day of liquid anhydrous carbon-free ammonia — the amount needed to fertilize and power a 2,000-acre farm
- FuelPositive is initially targeting Canadian farmers as the customers for its green ammonia solution, and has established research partnerships to determine how to most effectively roll out its modules in order to meet farmers’ needs
Clean energy solutions innovator FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), is nearing the rollout of its first onsite demonstration system for producing green, hydrogen-dense anhydrous ammonia, with an initial goal of helping the agricultural industry buffer against the difficulties of supply chain interruptions and improving the industry’s impact on the climate.
Green ammonia is gaining gravitas as a clean energy solution to environmental pollution that is believed to be altering climates worldwide. Chemical & Engineering News describes the process pioneered a century ago to produce ammonia from hydrogen and atmospheric nitrogen as perhaps the biggest global problem ever solved by chemistry, due to ammonia’s utility as high volume-producing fertilizer and now as a means of producing hydrogen for energy or for use in energy generation in its own right.
“Up to this point, we have made a business by selling the nitrogen value of the molecule,” ammonia producer CF Industries’ CEO Tony Will told the magazine (https://ibn.fm/cYCpk). “What’s really exciting about this is now there is an opportunity and a market that values the hydrogen portion of the molecule.”
FuelPositive is helping to pioneer such scientific development by rolling out its scalable, containerized “plant-in-a-box” that uses a carbon-free process to make pure green ammonia. The company’s first demonstration system will launch on a farm in Manitoba, Canada, later this year, followed by two additional demonstration systems in coming months (https://ibn.fm/CXxA5).
The system is designed to produce 300 kilograms per day of liquid anhydrous carbon-free ammonia, which FuelPositive describes as the approximate amount needed to fertilize and power a 2,000-acre farm. The technology is already proven in the lab and the company is now moving it into real world application.
“Ammonia can be produced with natural elements such as the sun, air and water, resulting in a sustainable output. Of course, since the plant operates on renewables, it needs a constant supply of energy, so the location needs to be considered carefully – it is best to build a green ammonia plant near the energy source to optimize the financial model,” one author states in a recent issue of Fertilizer Focus magazine (https://ibn.fm/E8uNZ).
But the shipping container-sized models designed by FuelPositive for portability mean that the plant can effectively be delivered easily to the end user under a decentralized methodology that grants the end user a great deal of control over the product.
In keeping with FuelPositive’s focus on serving the agricultural industry, which consumes 80 percent of the current global supply of ammonia for fertilizer, the company announced March 29 that Pollara Strategic Insights will become a corporate market research partner and University of Guelph (Ontario) associate research professor Leith Deacon will provide further advisement on data-based rural planning to help FuelPositive most effectively reach its target consumer (https://ibn.fm/Z46od).
“It’s important to recognize that if you’re designing a product for farmers, you need to make sure the product is reflective of farmers’ realities. The only way to know what they need and want is to ask them. I’m excited to see that FuelPositive is engaging directly with farmers and taking its decision-making so seriously,” Deacon stated.
“Our team has extensive experience in the agriculture space, especially in terms of sustainable and regenerative farming. We are conducting qualitative interviews and quantitative surveys across a robust sample of Canadian farmers to extract deep insights and direction for the Company to consider when making its decisions,” Pollara’s founder and chief strategist Don Guy added.
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
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.