The worldwide shift toward cleaner, greener energy sources once again appears to be picking up speed.
While the world’s focus on climate change understandably took a backseat to the Covid-19 pandemic for most of the past 18 months, that focus on climate change has started to return in a powerful way.
In fact, our transition into a post-pandemic environment is triggering a number of significant opportunities in the green energy space.
Much of the early attention of the clean energy movement was focused on lithium thanks to the heavy attention paid to the electric vehicle markets.
But a stark reality has emerged for lithium in that it has become increasingly obvious that lithium may not be able to provide enough power to support a full transition of heavier industries to clean and sustainable energy sources.
Many of these “heavy” industries – including the maritime and shipping industries – have already begun to search for alternatives that can help power a sustainable future.
One of those alternative energy sources – which appears to have the potential to provide a tremendous amount of industrial power – may be something you had never considered: ammonia.
Ammonia Could Be a key “Fuel of the Future”
The experts at Chemical & Engineering News have called ammonia a fuel of the future that may be “a perfect commodity for a future hydrogen economy.”
And one company could emerge as a leader in the rapidly-growing Green Ammonia space…
Offering early exposure and a possible first-mover advantage for investors.
That company is AmmPower (CSE:AMMP; OTC:AMMPF)
AmmPower is a Canadian company aiming to provide large and medium sized ammonia producing units for industry, manufacturing, heavy equipment operators, maritime and shipping.
In other words, AmmPower is looking to positioning itself as an early leader in supplying Green Ammonia to those industries that need it most.
And make no mistake – the global ammonia industry is at this very moment in the early stages of a potentially massive growth phase thanks to ammonia’s extraordinary potential as a clean energy alternative.
Ammonia May Hold 9 Times the Energy of Lithium-Ion Batteries
Before diving into what we think are AmmPower’s (CSE:AMMP; OTC:AMMPF) bold steps forward in this rapidly-growing industry, let’s take a step back to examine ammonia’s potential as an energy source.
Ammonia, of course, is a compound made of nitrogen and hydrogen – with a chemical formula of NH3.
It is produced naturally in the human body and in nature – in water, soil and air...even in tiny bacteria molecules.
Of course, ammonia’s main use – at least at the present time – is in fertilizer.
But it may be rapidly emerging as a potentially game-changing source of clean energy.
Chemical & Engineering News reports that, “ammonia could come to the (climate change) rescue by capturing, storing, and shipping hydrogen for use in emission-free fuel cells and turbines. Efforts are also underway to combust ammonia directly in power plants and ship engines.”
Ammonia offers a number of critical advantages over other energy sources, such as:
- Ammonia is reported to have 9 times the energy density of lithium-ion batteries...
- Ammonia is less flammable, easier to transport and more cost effective than many other fuels...
- Ammonia is reported to have 1.8 times the energy density of hydrogen...
- And ammonia needs to be stored at -33 Celsius, as compared to the more logistically complex -253 Celsius that is required for hydrogen storage.
The potential for ammonia to play a significant role in the global transition to cleaner energy sources appears to be gaining recognition on a wider scale.
The industry analysts at Fior Markets project that the global ammonia market is expected to continue its growth, reaching a potential USD $81.42 billion by 2025.
In addition, a joint venture in oil-rich Saudi Arabia has announced plans to invest $5 billion into a hydrogen-based ammonia facility powered by renewable energy…
And an Oman-India JV has announced plans for a $2.5 billion green ammonia project in the Duqm SEZ.
Ammonia’s Potential in the Marine Industry:
The global marine industry is a large, readily available market that has already begun turning to ammonia to help meet its energy needs.
Ship owners and industry analysts alike say they expect ammonia may play a pivotal role in the de-carbonization of cargo ships, which aim to reduce emissions by 50% from 2008 levels by 2050.
- Over 120 ports are already equipped with ammonia trading facilities...
- MAN Energy and Samsung Heavy Industries are part of an initiative to develop the first ammonia-fueled oil tanker by 2024...
- Viking Energy is poised to become the first vessel propelled by ammonia fuel cells...
- And according to one consultancy report, ammonia could make up 25 percent of the maritime fuel mix by midcentury, with nearly all newly built ships running on ammonia from 2044 onward.
The future of energy for the global shipping industry looks clear – and it could be heavily dependent upon ammonia.
With a commitment to significant reduction in carbon emissions, that means the clock is ticking.
We think ammonia’s potential as both a fuel source and as a way to transport hydrogen means that investors could see significant opportunities in those companies who establish early leadership positions in the ammonia space.
And that’s precisely what AmmPower (CSE:AMMP; OTC:AMMPF) is aiming to do.
How AmmPower Plans to Develop Effective, Efficient Production of Green Ammonia:
So, what steps are they taking that could help establish the company as an early mover in the rapidly-growing ammonia market?
AmmPower is working on the development of a potentially proprietary technology to produce “green ammonia,” a potential carbon-free energy source.
In fact, the company has publicly identified three clear objectives to that end:
1. It aims to develop a proprietary process and chemicals for developing green ammonia with minimal by-products and residual contaminants.
2. It plans to design and manufacture modular and scalable green ammonia production units, capable of delivering green energy onsite. The units are intended to be a disruptor for the fertilizer industry, by allowing the fertilizer industry to go green, and eliminate CO2 emissions.
3. If development of the units is successful, it intends to scale production to readily provide industry operations with ammonia manufacturing units.
The company’s research and development team has already begun its important work toward the development of a proprietary production process for green ammonia.
AmmPower’s R&D team is led by Dr. V.I. Lucky Lakshmanan Ph.D., FCAE., MIMM., FCIM and has an experienced track record.
They are aiming to develop intellectual property and file patents in the areas of Green Ammonia units, retro-fit technology and an optimized chemical production process for green ammonia.
AmmPower (CSE:AMMP; OTC:AMMPF) is already making major moves in the space.
In addition to searching for a manufacturing facility in Michigan…
AmmPower is…
- Building a team of experts in the industry…
- Planning to develop the Green Ammonia units:
AmmPower Phase I Units (3 Sizes) — 0.1 to 1.0 Tons/Day
- Aiming to retro-fit equipment for industry
- Creating potential custom production plants for Maritime & Port applications.
This facility could offer large manufacturing capabilities and large power capacity for onsite ammonia production and experimentation.
In addition, the facility may be able to physically expand into larger manufacturing space as required by customer demand and scientific success.
The company’s research and development was further enhanced by the recent announcement of an R&D agreement with Process Research Ortech, Inc.
As part of this partnership, AmmPower will work with Ortech to explore possible techniques to improve the efficiency of ammonia synthesis process by incorporating new additives and catalysts to the production process and testing different methodologies to improve ammonia formation conditions.
In doing so, they hope to develop a cleaner and more economically efficient ammonia production process.
With critical research and development work already starting, we think AmmPower is moving quickly to take advantage of the potential for Green Ammonia as a significant clean energy source.
Now here are...
7 Reasons Why We Think You Should Consider the Potential for AmmPower (CSE:AMMP; OTC:AMMPF) Right Now:
1. The global clean energy movement is moving quickly – and shifting toward more efficient sources of energy at the same time...with ammonia emerging as a potentially significant energy source.
2. Some reports project the global ammonia market will continue growing rapidly, reaching USD $81.42 billion by 2025.
3. We think AmmPower is emerging as an early-mover in the space, working to develop proprietary technology that may produce cleaner ammonia more efficiently.
4. The company’s highly accomplished research & development team has an experienced history.
5. AmmPower is actively engaged in the process of securing a manufacturing facility in Michigan that offers capacity for onsite manufacturing of the company’s proposed ammonia producing units.
6. We think by targeting the marine industry – with over 120 global ports currently accepting ammonia – AmmPower could focus initially on the “low hanging fruit” offered by industries demonstrating the biggest need for cleaner energy sources.
7. The company is aiming to develop its modular prototypes by Q4 2021.
In addition to hydrogen, investors should keep on eye on ‘the electrification of everything trend,” as well.
Celestica (NYSE:CLS, TSX:CLS) is a key company in the lithium boom due to is role as one of the top manufacturers of electronics in the Americas. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and enough health technology.
Thanks to its exposure to the renewable energy market, Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers.
Maxar Technologies (NYSE:MAXR, TSX:MAXR) is a moon-bound tech stock to keep an eye on. While space firm specializes in satellite and communication technologies, it is also a manufacturer of infrastructure required for in-orbit satellite services, Earth observation and more. More importantly, however, Maxar’s subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency.
Another way to get some indirect exposure to the exploding alternative transportation industries is through AutoCanada (TSX:ACQ), a company that operates auto-dealerships through Canada. The company carries a wide variety of new and used vehicles and has all types of financing options available to fit the needs of any consumer. While sales have slumped this year due to the COVID-19 pandemic, AutoCanada will likely see a rebound as both buying power and the demand for electric vehicles increases. This runup could even be accelerated as exciting new cars like Ford’s hybrid fuel cell electric vehicle or Toyota’s new line of EVs hit the market.
GreenPower Motor Company (TSXV:GPV) is an exciting company that produces larger-scale electric transportation. Right now, it is primarily focused on the North American market, but the sky is the limit as the pressure to go green grows. GreenPower has been on the frontlines of the electric movement, manufacturing affordable battery-electric busses and trucks for over ten years. From school busses to long-distance public transit, GreenPower’s impact on the sector can’t be ignored.
GreenPower Motor has seen its share price soar from $2.03 to a yearly high of $28.45. That means investors have seen 1300% gains since the beginning of the year. And with this red-hot sector only gaining traction, GreenPower has a lot of room to run.
NFI Group (TSX:NFI) is another one of Canada’s most exciting companies in the electric vehicle space. It produces transit busses and motorcycles. NFI had a difficult start to the year, but it since cut its debt and begun to address its cash flow struggles in a meaningful way. Though it remains down from January highs, NFI still offers investors a promising opportunity to capitalize on the electric vehicle boom.
Recently, NFI has seen an uptick in insider stock purchases which is often a sign that the board and management strongly believe in the future of the company. In addition to its increasingly positive financial reports, it is also one of the few in the business that actually pay dividends out to its investors.
By. Rick Sidthorp
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements /
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the global demand for ammonia and hydrogen as commodities will continue to increase; that the research and development in the energy sector will lead to adoption of hydrogen and ammonia as commercially viable fuel sources for the automotive, aircraft, marine, industrial or other sectors in the future; that governments will continue to implement initiatives supporting reduced carbon emissions and that ammonia and hydrogen will gain traction and commercial viability as potential carbon-free or low carbon fuel alternatives; that AMMP will be able to develop an efficient process and proprietary intellectual property for the production of green ammonia and that AMMP’s process, if developed, will be adopted commercially to allow use of green ammonia and/or hydrogen as a viable fuel sources; that AMMP will meet its proposed development program and funding milestones to develop its technology process and produce the proposed AMMP power units; that AMMP will be able to establish its proposed manufacturing facility and produce ammonia power units which will be sold as commercially viable fuel alternatives; that investors will continue to seek opportunities for investment in green technologies and that hydrogen and ammonia will be considered as viable investment opportunities in the future; and that AMMP can carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the global demand for ammonia and hydrogen may not continue to increase if other energy alternatives such as solar, wind or hydroelectric are favored over ammonia and hydrogen; that the research and development in the energy sector may lead to rejection of hydrogen and ammonia as commercially viable fuel sources for the automotive, aircraft, marine, industrial or other sectors in the future, and that research may find that other fuels or energy sources provide safer, more cost efficient and/or more viable fuel alternatives; that governments may not implement the anticipated funding and initiatives to support reduced carbon emissions sufficient for ammonia and hydrogen to gain necessary traction or commercial viability as fuel alternatives; that AMMP may be unable to develop an efficient process or any unique proprietary intellectual property for the production of green ammonia or, even if developed, may ultimately fail to be adopted as commercially viable for various reasons; that AMMP may be unable meet its proposed development timeline and funding milestones to develop its technology process and produce the proposed AMMP power units; that AMMP may be unable to establish its proposed manufacturing facility and produce ammonia power units, or if such units are developed, that they may not be sold as commercially viable fuel alternatives; that investors favour other clean energy opportunities than hydrogen and ammonia or that other fuel alternatives such as solar, wind and hydroelectric may be considered more commercially viable; and that AMMP may, for any number of reasons, fail to carry out its intended business plans. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
DISCLAIMERS
This communication is for entertainment purposes only. Never invest purely based on our communication. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively, “Oilprice.com”) are being paid ninety thousand USD for this article as part of a larger marketing campaign for CSE:AMMP. In addition, AMMP has issued 500,000 restricted stock units to Oilprice which will unconditionally convert to common shares after 4 months. The information in this report and on our website has not been independently verified and is not guaranteed to be correct.
SHARE OWNERSHIP. The owner and affiliates of Oilprice.com own shares and/or other securities of AMMP and therefore have an additional incentive to see the featured company’s stock perform well. Oilprice.com is therefore conflicted and is not purporting to present an independent report. The owner and affiliates of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation, nor are any of its writers or owners.
ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
