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FuelPositive installs first green ammonia system in Manitoba

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| June 12, 2024

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  • FuelPositive (TSXV:NHHH) has revealed it has successfully installed the world’s first farmer-owned modular green ammonia production system in Manitoba
  • The installation signifies a pivotal step towards a more sustainable and environmentally friendly future for agriculture in Canada
  • The company is now ready to complete commissioning and move forward to on-farm production of green ammonia
  • Shares of FuelPositive are up 8.33 per cent to C$0.065 as of 12:04 pm ET

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.

Join the discussion: Find out what everybody’s saying about this stock on the FuelPositive Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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