Green technology developer AmmPower announced on Nov. 22 that earlier in the month it executed a nonbinding Letter of Intent (LOI) with Alkaline Fuel Cell Power Corp. (PWWR), Vancouver, a company developing affordable, renewable, and reliable energy assets and cleantech. The LOI summarizes the intentions of the companies entering into a joint venture for the development of a pilot project testing PWWR’s off-grid fuel cell generator and AmmPower’s ammonia cracking technology.
The goal of the jv is to showcase the market opportunities and ultimate value potential of advancing ammonia-to-power technology for off-grid and back-up electricity across North America. The pilot is designed to demonstrate the ability to convert green ammonia to hydrogen using AmmPower’s ammonia cracking technology and then convert that hydrogen into clean energy using PWWR’s 4kW fuel cell generator system. The ammonia-to-power unit will be a completely carbon-free process for electricity generation.
Both PWWR and AmmPower will work together over the coming months to identify suitable sites and partners for the execution of the JV.