RCS - AmmPower Corp. - Dr. Zhenyu Zhang, Makes Forbes 30 Under 30-Energy

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01/12/2022 08:15

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RNS Number : 1677I  AmmPower Corp.  30 November 2022

Co-Founder and Chief Technologist of AmmPower, Dr. Zhenyu Zhang, Makes Forbes
30 Under 30 - Energy (2023) List

TORONTO, ON / ACCESSWIRE / November 30, 2022 / (CSE:AMMP
(https://pr.report/KhiqCWmQ) , OTCQB:AMMPF (https://pr.report/yvWGB0t5) ,
FSE:601A) (https://pr.report/fK2DO7S3) / AmmPower Corp. (the "Company" or
"AmmPower") is excited to announce that the Company's Co-Founder and Chief
Technologist, Dr. Zhenyu Zhang, has made the Forbes 30 Under 30: Energy List
for 2023 (the "List"). The List, published by Forbes Magazine, is a selection
of young, "low-carbon visionaries" who are "powering the future of energy and
sustainability."

Dr. Zhang is a recognized expert in the ammonia field. At AmmPower, he manages
the pre-FEED (Front-End Engineering Design) and FEED for multiple green
ammonia production projects. This includes the technological development of
the "world's first decentralized and electrified ammonia production unit," the
Independent Ammonia Production Machine (https://pr.report/5eJNVput) (IAMM™).

The IAMM™ unit uses renewable electricity, air, and water to produce green
ammonia that can serve as a hydrogen carrier, carbon-free fertilizer, fuel or
nitriding chemicals in the semiconductor industry.

The flexible IAMM™ ammonia reactor has advanced thermal management, enabling
the IAMM™ unit to have low capital costs, low maintenance requirements, a
high efficiency, and a compact footprint. Thanks to Dr. Zhang, AmmPower is one
of the few companies with patent-pending small-scale ammonia converter
technology.

Dr. Zhang also leads AmmPower's research and development for ammonia cracking
projects to generate green hydrogen and electricity. He is passionate about
solving critical challenges regarding energy and sustainability by developing
technologies that are lower cost, more efficient, and more scalable.

"We are extremely happy to see Zhenyu being recognized for his knowledge and
contribution to the future of Green Energy. We are excited for him while at
the same time feel privileged to have him on the AmmPower team," states Dr.
Gary Benninger, AmmPower's CEO and Executive Chairman.

Dr. Zhang holds a B.S. in Chemical Engineering from Central South University
(China), an M.S. in Computer Science from Georgia Institute of Technology, and
a Ph.D. in Chemical Engineering from the Colorado School of Mines. His work,
"Efficient Hydrogen and Ammonia Production via Process Intensification and
Integration," at the Colorado School of Mines, received in total $2.5 million
in funding (DE-AR0000785, DE-AR0001004) from the Advanced Research Projects
Agency-Energy (ARPA-E) at the Department of Energy (DOE).

The complete Forbes "30 Under 30" energy list can be found here
(https://pr.report/CinMdWUY) .

On Behalf of the Board of Directors

Gary Benninger

Chief Executive Officer

About AmmPower

AmmPower is a clean energy company focused on the production of green ammonia.
The Company is based in Toronto, Ontario, with a research and manufacturing
facility in Southeast Michigan. The Company is active in all facets of green
ammonia production, including the production of green fertilizers, carbon free
shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The
Company is working on the development of proprietary technologies to produce
green ammonia and green hydrogen at scale, including the investigation of
unique catalytic reactions to bring down costs and to take advantage of carbon
credits in the renewable energy space. AmmPower currently holds several LOIs
with ports in Brazil, the United States, and is currently completing its
IAMM™ prototype to create green ammonia for the agricultural industry. The
Company also holds a lithium exploration property in the James Bay/Eeyou
Istche region of Quebec and an option on the Titan Property located in Klotz
Lake area in Northwestern Ontario.

For More Information, please visit www.ammpower.com
(https://pr.report/dntOeXgE) , or contact AmmPower Investor Relations at
invest@ammpower.com.

Forward-Looking Statements ‎

This news release includes forward-looking statements that are subject to
risks and uncertainties, including with respect to the Company's development
of proprietary technologies. The Company provides forward-looking statements
for the purpose of conveying information about current expectations and plans
relating to the future and readers are cautioned that such statements may not
be appropriate for other purposes. By its nature, this information is subject
to inherent risks and uncertainties that may be general or specific and which
give rise to the possibility that expectations, forecasts, predictions,
projections, or conclusions will not prove to be accurate, that assumptions
may not be correct, and that objectives, strategic goals and priorities will
not be achieved. These risks and uncertainties include but are not limited
those identified and reported in the Company's public filings under the
Company's SEDAR profile at www.sedar.com. Although the Company has attempted
to identify important factors that could cause actual actions, events, or
results to differ materially from those described in forward-looking
information, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate as actual results and future
events could differ materially from those anticipated in such statements. The
Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future
events or otherwise unless required by law.

‎The Canadian Securities Exchange (CSE) has not reviewed, approved, or
disapproved the contents of this press release.

SOURCE: AmmPower Corp.

 

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