- FuelPositive Corp. is a Canadian developer of clean energy solutions, focusing on an on-site system for producing hydrogen-dense green ammonia
- The company’s modular system can produce 300 kg per day (500 liters per day) of liquid anhydrous carbon-free ammonia — the amount needed to fertilize a 2,000-acre farm
- The system’s ability to grant end users greater energy independence as a climate-friendly resource is filling a market need at an opportune time as industries struggle to manage supply chain challenges created by COVID and the ongoing Russia-Ukraine war
- The module is being tested in a pilot project by Canadian farmers and recently became available for pre-sale orders
Clean energy technology developer FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is proving itself as a thought leader and innovator of climate-friendly farming solutions vital to global economies at a time when conflicts and supply chain interruptions are stressing needed resource markets.
FuelPositive’s onsite, containerized, modular system for producing green, hydrogen-dense ammonia is designed to help the fertilizer-dependent agricultural industry and other end users who may want to produce ammonia or hydrogen fuel locally.
The war in Ukraine has highlighted for many the need to ensure energy and agricultural independence because of the war’s disruptions of commodities supply chains for international product shipments that normally originate not only in Ukraine but Russia as well (https://ibn.fm/ZoX5I).
Nancy Qian, a co-director of Northwestern University’s Global Poverty Research Lab and the Founding Director of China Econ Lab, noted in a recent editorial for Project Syndicate that Western nations are vulnerable to agricultural export problems that exceed the measure of the war’s disruptions.
Those vulnerable nations, including the United States, she argued, would do well to increase production and reserves to mitigate the impact of any disruptions both for the sake of political maneuvering and to help stave off mass starvation in economically poorer countries (https://ibn.fm/ro7Di).
“The global food system urgently needs to become more resilient for political and humanitarian reasons,” Qian stated.
FuelPositive’s system can produce 300 kg per day (500 liters per day) of liquid anhydrous carbon-free ammonia, a hydrogen-dense resource that FuelPositive describes as the approximate amount needed for a 2,000-acre farm’s fertilizer needs. The modular model allows for additional systems to be added on for larger farms.
Because the units are portable, fitting inside standard shipping containers, they can provide users’ needs onsite and reduce concerns about the vagaries of supply chain fulfillment.
In August, the units became available for pre-sale for interested farmers. In Manitoba, Canadian farmers Tracy and Curtis Hiebert are preparing to use the modular system in the company’s first demonstration pilot project to evaluate its real-world performance over a one-year period.
“The FuelPositive system will give us stability. That’s what we like about it. It’s stabilizing the supply and stabilizing the price,” Curtis Hiebert stated (https://ibn.fm/dSDz7).
The initial base system price will be CA$950,000, although individual farm conditions may cause variability in the actual price, the company states. FuelPositive also expects that customers can lower their cost to acquire and operate the system by using government clean tech adoption programs. Carbon credits and tax incentives will further offset costs for its customers.
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
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.investorwire.com
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
InvestorWire is part of the InvestorBrandNetwork.