FuelPositive Signals New Era in Green Ammonia Production with Acceptance of Initial Commercial System Deposits

In a world grasping for sustainable solutions, FuelPositive Corporation (TSXV: NHHH | OTCQB: NHHHF) stands out as a leader in innovation and environmental responsibility. The company’s latest announcement is more than just a corporate milestone; it’s a pivotal moment for clean technology and the agricultural sector’s sustainable future.

Yesterday (November 8, 2023), FuelPositive declared it is poised to begin accepting 30% deposits on its first batch of 30 commercial systems, following the successful third-party verification of its FP300 Green Ammonia system. This step signifies the company’s transition from the developmental phase to a commercial, revenue-generating entity—a momentous leap for any innovative startup.

Validated Performance Paves the Way

The validation of the FP300 system’s output rate by an independent third party is not merely a procedural checkpoint. It is the foundation upon which trust is built between the company and its prospective clients. Nelson Leite, COO and Board Member, emphasized the importance of this achievement, stating, “With the 3rd party validated output rate completed, we can confirm our operating cost assumptions.” This assurance of performance allows FuelPositive to confidently offer its technology to lead customers, fostering a new wave of energy sustainability.

A Financial and Environmental Game-Changer

The significance of this development is underscored by the numbers involved. Ian Clifford, CEO and Board Chair, put into perspective the financial implications, noting that the initial deposits represent nearly C$9,000,000, with the full sale amounting to approximately C$30,000,000. These figures are not just impressive financially; they represent a tangible commitment to reducing carbon emissions and moving towards a more sustainable model of ammonia production.

Why Green Ammonia Matters

The importance of green ammonia cannot be overstated. Traditional grey ammonia production is a notoriously carbon-intensive process, contributing significantly to global greenhouse gas emissions. In stark contrast, FuelPositive’s containerized system generates green ammonia by utilizing air, water, and sustainable electricity—effectively eliminating the carbon footprint commonly associated with ammonia production.

Farmers, who are slated to be the first beneficiaries, currently use about 80% of traditionally produced ammonia as fertilizer. The FP300 system promises to revolutionize this, offering a local, stable, and environmentally friendly alternative that could drastically reduce the agricultural industry’s reliance on carbon-heavy processes.

A Vote of Confidence from the Canadian Government

FuelPositive’s potential was further bolstered by the Canadian Government’s commitment of up to $1.9 million in funding through the Agriculture Clean Technology Program. This investment underscores the government’s recognition of the need for clean technology solutions in agriculture and its confidence in FuelPositive’s role in this transformation.

Conclusion: A Step Forward for Clean Tech and Global Food Security

As FuelPositive moves from theory to practice, the company’s innovative approach provides a promising solution to the dichotomy of meeting global food demands while mitigating environmental damage. The FP300 system stands not only as a testament to Canadian ingenuity but also as a potential cornerstone in the quest for a greener, more sustainable future.

As Jeanne Milne, FuelPositive’s Senior Government Relations Advisor, aptly put it, “The Government of Canada’s vote of confidence is a testament to our shared dedication and commitment to make agriculture cleaner and Canada healthier.”

FuelPositive is not just selling a product; it’s championing a movement—a movement towards a world where technology and sustainability go hand in hand, creating a better, cleaner tomorrow.

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3 responses

  1. Hugh Sharman Avatar
    Hugh Sharman

    Thanks Tracy! The FuelPositive web site says “Having the means to produce the fertilizer we need on the farm, when needed and at a price we can rely on, will significantly reduce our family’s concerns.”

    Nowhere could I find any mention about its actual cost and price.

    “Green” ammonia is presumably made with “green” hydrogen which is made by electrolysis of water using “zero carbon electricity”. In Europe, at least, this is extremely costly.

    Can Jeanne Milne give us all some idea of how FuelPositive’s ammonia is expected to compete with ammonia based on Canadian natural gas?

    Thanks in advance

  2. Werner U. Stettler Avatar
    Werner U. Stettler

    Hi Hugh Sharman,
    I read your response to Jeanne Milne’s Text on FuelPositive. I recall having read that the process to produce Ammonia based on natural gas generates much less CO2 than based on mineral oil. Since the FuelPositive produces green ammonia free of CO2, this will definitely be one important competitive argument. When comparing production cost on farm site, FuelPositive cuts out all storage and shipping costs of convensionally produced ammonia. Further to that the farmer may produce green ammonia on demand and store it on site at fixed cost. Alternatively ammonia, as a fuel, can be used to power farm machineries.

  3. Hugh Sharman Avatar
    Hugh Sharman

    Thank you.
    I am unaware of any process, anywhere, using of mineral oil to manufacture ammonia. All the commericially manufactured ammonia that I am aware of is made by the Haber Bosch process using highly compressed (pure) hydrogen and nitrogen. The hydrogen comes from “reforming” natural gas
    May I assume that the happy owner of a FuelPositive process is also required to manufacture the “green” hydrogen? Or does he/she buy the “green” hydrogen from a specialized supplier/contractor?
    Are there any such “green” hydrogen suppliers in Canada.
    The only “green” hydrogen being talked about in Europe must be heavily subsidized by tax payers?
    Thanks in advance for your answer!

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