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FuelPositive installs first green ammonia system in Manitoba

Market News, Renewable Energy
TSXV:NHHH
12 June 2024 13:04 (EST)

FuelPositive (TSXV:NHHH) has revealed it has successfully installed the world’s first farmer-owned modular green ammonia production system in Manitoba.

The company stated in a news release that the installation signifies a pivotal step towards a more sustainable and environmentally friendly future for agriculture in Canada.

“Emissions in agriculture are hard to abate; farmers need accessible tools and solutions to meet the Canadian emission reduction targets set for them. FuelPositive is here to support farmers in mitigating greenhouse gas emissions,” Luna Clifford, co-founder and chief impact officer of FuelPositive, said in a statement.

The company’s green ammonia system produces green ammonia in situ, or on site where it is used, which offers customers a steady price and reliable supply. The system also uses less energy to produce compared with grey ammonia.

FuelPositive is focused on decentralized on-farm green ammonia production that enhances resilience and advances global food security.

With headquarters in Sperling, Manitoba, FuelPositive is a Canadian technology company dedicated to delivering commercially feasible and sustainable clean technology.

Shares of FuelPositive (TSXV:NHHH) are up 8.33 per cent to C$0.065 as of 12:04 pm ET.

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