PriceSensitive

FuelPositive (TSXV:NHHH) advances testing of green ammonia system

Industrial, Market News
TSXV:NHHH
17 February 2023 11:30 (EDT)

Source: YouTube

FuelPositive (NHHH) has advanced testing for its on-farm green ammonia production system for durability in extreme weather conditions in Waterloo, Ontario.

The FuelPositive on-farm green ammonia system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines.

More developments have been made for green ammonia to be used as a renewable energy source in recent years. It is said to yield high energy density, zero carbon emissions, and relatively low production costs. Green ammonia is also said to be a key component of the hydrogen economy.

Supporting green technologies

FuelPositive stated its converter technology, FP300, allows these systems to convert hydrogen and nitrogen gasses into green ammonia using safe, reliable, and efficient methods.

So far, the system has been operating “extremely well” in winter conditions. As a part of its climate control design, the system can function fully in temperatures between -50 and 45 Celsius.

Nelson Leite, COO of the FuelPositive, commented,

“The units are temperature controlled and built to the strictest hazardous area classifications… Our systems are engineered to run without any operator intervention or operator input.”

Converters to have long life-span

Additionally, the converters are expected to last around 30 years and are being prepared for eventual deployment in Manitoba.

 Francisco Mora, Lead Chemical Engineer at FuelPositive, added,

“We continue to run final testing on our various ultra-high purity gases with week-after-week of successful testing, in extreme conditions, at our facility in Waterloo.”

FuelPositive (NHHH) is unchanged, trading at $0.13 per share as of 11:13 a.m. EST


Related News