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Webinar Updates FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Investors on Renewable Ammonia Production Strategy

  • FuelPositive Corp. is a Canadian-based growth-stage company focused on providing commercially viable and sustainable clean energy solutions
  • The company’s primary strategy currently is to commercialize its patent-pending IP for the carbon-free production of ammonia for use across a broad spectrum of industries and applications
  • Traditional ammonia is a carbon-intense industry that supplies the 200 million metric tonnes consumed primarily by the agricultural sector each year, but its potential green energy uses include a solution with an energy density by volume that is nearly double that of liquid hydrogen
  • Ammonia is more easily transportable than hydrogen and its molecular composition of hydrogen atoms makes it potentially convertible for hydrogen gas or renewable electricity
  • The International Energy Agency reported this month that renewable energy sources are growing worldwide but are not keeping pace with rising demand, which means carbon-based fuels will need to cover the gap, in turn leading to expectations of record-level CO2 emissions this year
  • André Mech named as Strategic Carbon Credit and Emissions Reduction Specialist

A recent report issued by the International Energy Agency (“IEA”) notes that the use of renewable energy sources is rising worldwide, but not fast enough to meet a strong rebound in global electricity demand this year as national economies begin to recover from the unexpected devastation of the COVID-19 pandemic. That portends a potential sharp rise in the use of polluting coal power for electricity generation (https://ibn.fm/fcdEU).

Renewables such as hydropower, wind and solar photovoltaic technology are on track to grow over the next two years by 8 per cent in 2021 and by more than 6 per cent in 2022, but despite the strong growth they will only be able to meet around half the projected increase in…

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NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

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