FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is a green technology company committed to developing commercially viable and sustainable onsite containerized green ammonia production systems. In early May, the company announced that it had begun running the final commissioning of its first farm-ready demonstration system, a production unit capable of producing 300 kg per day of green anhydrous ammonia or a little over 100 metric tons per year. Aptly named the FP300 model, the system will be heavily monitored for a full year on the 11,000-acre crop farm of Tracy and Curtis Hiebert, with the results shaping future systems being built concurrently with the initial demonstration system. In addition to reporting on the final commissioning, FuelPositive announced it had started production of its first commercial systems. “Having successfully met its planned pre-sales capacity of 30 units, the company plans to deliver the first batch of FP300 commercial systems beginning in 2024,” reads a recent article. The piece also discusses the company’s latest model, the FP1500, a turnkey system that upsizes the daily output of green anhydrous ammonia to 1,500 kg or 500 metric tons per year. The company attributes the decision to offer this larger system based on customer demand from its pre-sales campaign. “Multiple end-users in various sectors, including farms of 10,000+ acres, have indicated the immediate need of FuelPositive systems of this scale and configuration. The FP1500 will answer this larger-scale, onsite need,” Ian Clifford, FuelPositive’s board chair and CEO, was quoted as saying.
To view the full article, visit https://ibn.fm/kiGrU
About FuelPositive Corporation
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable, “cradle to cradle,” clean technology solutions, including an on-farm/onsite, containerized green ammonia (“NH3”) production system that eliminates carbon emissions from the production of green ammonia. By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the company aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized green ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green ammonia is also considered a key enabler of the hydrogen economy. FuelPositive systems are designed to provide for green ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and green ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer. See pre-sale details at https://fuelpositive.com/pre-sales.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php