Thursday, August 26, 2021

FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Hydrogen-Ammonia Technology Drives Advances in Carbon-free Movement

 

  • FuelPositive Corp., a growth-stage company developing a carbon-free ammonia system to address the world’s green energy needs, is preparing to roll out demonstration models of its patent-pending portable technology during the coming year
  • The company’s Phase 2 Hydrogen-Ammonia Synthesizer is a means of taking air, water and sustainable electricity, and converting it into non-polluting ammonia that can generate, store, transport, and utilize hydrogen
  • Hydrogen energy’s potential has been the favorite of the sustainability community, but ammonia has the capacity to outperform hydrogen thanks to its molecular composition of three hydrogen atoms bonded to a nitrogen atom
  • FuelPositive’s solution not only has the capacity to generate, store, and use hydrogen through the synthesis of carbon-free ammonia, it is portable enough to allow the energy to be used wherever consumers might need it

When the Los Angeles City Council’s Energy, Climate Change, Environmental Justice and Rivers (“EECJR”) Committee approved strategies this month to move the city to 100 percent carbon-free energy by 2035 with a supportive workforce, it joined a handful of government entities throughout North America driven to advance complete clean energy solutions but also raised questions about how to precisely define “carbon-free” (https://ibn.fm/Hr6zM).

Internet behemoth Google raised a similar question after achieving a carbon-neutral posture in 2007, striving to improve on its efforts to decarbonize its electricity supply completely and “operate on 24/7 carbon-free energy, everywhere, by 2030” (https://ibn.fm/wxoaL). 

For years, industry leaders and consumers have increasingly called for less expensive fuels and greater responsiveness to the planet’s pollution crises. Clean energy solutions innovator FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is helping to nudge that movement forward by developing a patent-pending first-of-its-kind technology for creating carbon-free ammonia (“NH3”). 

Ammonia production is a multi-billion-dollar industry that supplies large-scale agricultural needs to help keep food on consumers’ tables. But it also has been a carbon-intense process, which puts it in the company of other global industries that meet worldwide consumer needs while generating significant pollution that affects conditions for the planet everyone lives on. 

Ammonia is also known as hydrogen nitride (“NH3”) because it consists of one nitrogen atom bonded to three hydrogen atoms. It therefore has an energy density nearly double that of liquid hydrogen by volume, and hydrogen is of course already a highly sought-after component of popular solutions for green energy fuel. So ammonia has the potential to transform from a polluting product to one that outstrips hydrogen as a green fuel source (https://ibn.fm/LKUm8).

FuelPositive’s Phase 2 Hydrogen-Ammonia Synthesizer commercial prototype systems are part of the company’s mission to foster licensing, partnership and acquisition opportunities that build on energy-efficient technologies. It also has the potential to become a viable alternative to fossil fuels.

FuelPositive’s product takes air, water and sustainable electricity and converts it into non-polluting ammonia that can generate, store, transport and utilize hydrogen in an economical and quick-output manner. 

Easier to distribute than liquid hydrogen, the Phase 2 Hydrogen-Ammonia Synthesizer system is portable and scalable with the ability to enable end users make clean NH3 and generate green energy wherever they might see a need. FuelPositive has partnered with National Compressed Air Canada Ltd. in order to roll out the first demonstration models of the system early next year (https://ibn.fm/LTVLt). 

A recent study published by Market Study Report LLC reports that the market for green ammonia is predicted to grow at a CAGR of 54 percent between 2020 and 2025, propelled by concerns about the effect of fossil fuel emissions on the climate globally (https://ibn.fm/JzweU). But FuelPositive’s technology could lead the market to exceed expectations. 

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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