Afc Energy Share Discussion Threads

[new tech] 26/2/2015 19:06

"The milestone performance announced today...positions AFC Energy's product offering to be one of, if not, the lowest cost fuel cell in the market today...These results are undisputedly assigning the mark of "Best Available Technology" to AFC Energy's fuel cell" (AFC, 27/8/2019)

"This [AFC] could be a business that could be getting up towards being hundreds of millions of revenues...the share price can multiply from where it is currently...I think the share price is going to respond." (Ed Stacy, Capital Network, Jun 2017)






AFC ENERGY

AFC Website
AFC Twitter
Alkaline fuel cells (for stationary & mobile uses), membranes & power systems, for generating & supplying clean low cost electricity from hydrogen, & other uses. Can use multiple hydrogen sources (incl. direct hydrogen gas, ammonia and potentially natural gas) & address global markets. Modular & scalable.

"The milestone performance announced today...positions AFC Energy's product offering to be one of, if not, the lowest cost fuel cell in the market today...These results are undisputedly assigning the mark of "Best Available Technology" to AFC Energy's fuel cell" (AFC, 27/8/2019)

- "Global EV charging market is expected to exceed $140bn by 2030 with power network upgrades necessary to facilitate this level of deployment forecast to exceed £50bn in the UK alone." (AFC, 16/12/2020)

- "Global Hydrogen Fuel Cells market accounted for $476.78 million in 2017 and is expected to reach $55,061.4 million ($55.06 billion) by 2026, growing at a CAGR of 69.5%." (PRN Newswire, 20/9/2019)

- "waste or by-product hydrogen represents over 100,000 MW of power that could be used to generate electricity through fuel cells." (Fuel Cell & Hydrogen Energy Association)

- "[the] static auxiliary power market...forecast to be worth $20bn by 2021 is under pressure to change as regulators take steps against diesel emissions. AFC Energy is well-placed to enter this market" (AFC, 12/4/2019)

1 GW = 1,000 MW = 1,000,000 kW
1 MW = 1000 kW


BREAKING NEWS

- 14/3/2024: AFC S Series Fuel Cell, operating cost savings milestone achieved.
- 11/3/2024: First Factory Acceptance Test for AFC 30 kW H-Power Generator - Now ready for sale.
- 4/3/2024: AFC H-Power S Series 30 kW Generator receives Attestation of Conformity for CE Mark.
- 28/2/2024: AFC ammonia cracker achieves better than expected operational efficiency.
- 26/1/2024: AFC secures funding from UK DoT (CMDC4) for maritime ammonia cracker + combustion engine trial.

- 4/12/2023: AFC starts world's largest "ammonia to hydrogen" modular cracker demo. to deliver 140 tonnes fuel cell grade hydrogen per yr (400kg/day). Target for sale into AFC UK H-Power Generator deployments. LoI with trading arm of large European energy company to market cracker adoption.
- 17/11/2023: AFC purchases mobile storage assets from Octopus Energy.
- 15/11/2023: AFC JV with Speedy Hire, for hydrogen powered generator plant hire business, 'Speedy Hydrogen Solutions Ltd', using AFC H-Power Generators across UK & Ireland + first sales £4.7m.
- 23/10/2023: AFC's ammonia cracker independently tested to successfully produce 99.99% hydrogen & meet requirements of ISO 14687:2019 for vehicles & stationary fuel cells.
- 4/9/2023: Distribution agreement with TAMGO for sale & lease of AFC's H-Power Generators in Saudi Arabia & 16 other MENA countries, incl. UAE, Qatar, Oman, Kuwait & Kazakhstan.
- 9/8/2023: AFC Chairman buys 35,000 shares at 15.15p.
- 8/8/2023: AFC Chairman's wife buys 50,000 shares at 15.34p.
- 28/7/2023: AFC & Speedy Hire launch JV Hydrogen Power Generator UK Plant Hire Business.
- 26/7/2023: AFC & partners awarded £4.8m grant (£4.3m to AFC) under UK red diesel replacement programme.
- 18/7/2023: AFC renewed Air Products GmbH collaboration with 5 year hydrogen supply agreement & site lease at Stade (Germany).
- 16/6/2023: Non-Executive Director (G. Agnew) exercised 900,000 warrants at 4.925p, net-settled 278,316 to cover tax, now holds 621,684 shares (0.12%).
- 1/6/2023: AFC Chairman's wife buys 100,000 shares at 15.37p.
- 2/5/2023: AFC Chairman + wife buy 90,000 shares at 18.97p.
- 19/4/2023: ACCIONA orders first 50kVA H-Power Generator.
- 23/3/2023: AFC launch ammonia cracker, target Europe & Asia, validation testing complete, large modular prototypes within 12 months, commercial deployments 2025.
- 9/3/2023: H-Power Towers leased for >7,000 hours to date into UK & European construction market, new contracts signed for >8,000 hours of H-Power Tower lease hire in 2023 so far, & growing order book supported by increasing customer proposals.

- 23/11/2022: Mace Dragados Joint Venture (building HS2's new Euston station) trialling H-Power Tower charging electric JCB telehandler, lighting towers & water pump on site.
- 7/11/2022: Successful field trial of AFC prototype Methanol Fuel Tower with ACCIONA (Spain) generated hydrogen from methanol to power AFC Power Tower.
- 3/10/2022: First "S" Series Power Tower deployed mid-Aug with ACCIONA, replacing diesel generators on Spanish construction site.
- 26/8/2022: AFC Chairman + wife buy 65,000 shares at 29.8p.
- 20/6/2022: AFC lease Power Tower units to Kier Group for UK construction site in H2 2022 + additional units in 2023.
- 28/4/2022: AFC showcase Power Tower EV charger at Air One Urban-Air Port (Coventry) to charge EV service vehicles.
- 7/4/2022: "Power Tower EV" launch integrating ABB Charging Platform for EV charging.
- 24/3/2022: AFC launch 10kW Hydrogen power generator "Power Tower", with integrated battery storage, comprised 4 S-Series Fuel Cell stacks, hydrogen & methanol fuels, modular allows expansion.
- 14/3/2022: Keltbray lease first Hybrid Fuel Cell System for UK construction site, deploy end Q2 2022 & more Q4 2022.
- 1/3/2022: ACCIONA to deploy first AFC L-Series Hybrid Fuel Cell System.
- 2/2/2022: Extreme E continue to use AFC's fuel cell for 2022 season.
- 31/1/2022: AFC Chief Tech Officer buys 10,000 shares at 34.2p.

- 1/12/2021: AFC "S" Series Hydrogen Fuel Cell & Ammonia Cracker selected for Norwegian ZeroCoaster's Bulk Cargo Ship Design.
- 19/11/2021: AFC Chairman buys 25,000 shares at 58.38p.
- 17/11/2021: AFC Chairman buys 20,000 shares at 59.87p
- 16/11/2021: First £4m 200 KW "S" Series Fuel Cell Order from ABB for High Power e-Mobility Charging & delivery H1 2023.
- 19/10/2021: AFC Chief Eng Prod Officer buys 18,817 shares at 53.08p.
- 7/10/2021: AFC Chief Tech Officer + wife buy 25,643 shares at 44.96p.
- 6/10/2021: AFC Chief Tech Officer + wife buy 25,643 shares at 44.96p.
- 5/10/2021: AFC Chairman buys 30,000 shares at 46.3p.
- 16/9/2021: Hydrogen Fuel Cell Supply & Collaboration Agreement with Urban-Air Port.
- 16/8/2021: AFC Hydrogen Fuel Cell System delivered to ABB (Estonia) for EV charging.
- 12/8/2021: AFC Chairman buys 15,000 shares at 58.5p.
- 7/5/2021: AFC Chairman's wife buys 40,000 shares at 55.3p.
- 7/5/2021: AFC Non-Exec Dir buys 10,093 shares at 54.5p.
- 16/4/2021: Investment & partnership for data centres & e-Mobility with ABB Schweiz.
- 1/4/2021: MoU with Altaaqa AS for distribution replacing temporary diesel generators in Saudi Arabia, Middle East & N. Africa.
- 16/3/2021: Strategic partnership with Mace Group to replace diesel generators on construction sites from early 2022.
- 3/3/2021: End of UK subsidy for red diesel in construction uses (incl generators) from 2022 (UK Gov, 3/3/2021)
- 25/2/2021: Launch of Anion Exchange Membrane Fuel Cell test facility at AFC HQ, UK.
- 14/1/2021: Strategic collaboration with Ricardo, for marine (shipping & ports), rail & stationary power.

- 16/12/2020: Strategic partnership with ABB for distribution of high power EV charging product, from H2 2021, initially AFC HydroX-Cell(L) adding HydroX-Cell(S) late 2022.
- 23/11/2020: Investment in first H-Power assembly & commissioning facility, eventually for up to 100 pa hydrogen generator systems + further growth capacity to assemble up to 200 MW pa on release of HydroX-Cell(S) from end 2022 + mass production of AlkaMem.
- 18/11/2020: UK petrol & diesel car sales ban from 2030. (BBC News)
- 17/11/2020: Agreement with BK Gulf (Dutco Gp) to scale up manufacturing capacity for H-Power systems - capacity to deliver several hundred pa containerised modules, first units expected Q1 2021.
- 1/9/2020: Sale 1 x 100 KW H-Power system to Forschungszentrum Jülich for Living Lab Energy Campus showcase in Germany, delivery Q3 2021.
- AFC to supply H-Power system + electrolysis to Extreme E's electric SUV racing series, commence Apr 2021. (AFC, 15/7/2020, 28/2/2021)
- 1/6/2020: AFC to field trial 160 kW H-Power system with Acciona for construction market, early 2021.
- 13/2/2020: Roadshow generating so much commercial interest, AFC "actively recruiting more commercial resources." (AFC CEO Blog)
- 12/2/2020: AFC demo hybrid hydrogen + diesel generator/power storage system.
- 3/2/2020: AFC UK roadshow demo of hydrogen fueled Electric Vehicle Charger, 4/2/2020 to 20/2/2020.

- 31/10/2019: AFC demo & launch world first zero emissions hydrogen fueled Electric Vehicle Charger on 6/12/2019.


INTERVIEWS & MEDIA ANALYSIS

AFC Interviews:














- Ed Stacy (Analyst, Capital Network) 4 min 30 sec. onward:

"This [AFC] could be a business that could be getting up towards being hundreds of millions of revenues...the share price can multiply from where it is currently...I think the share price is going to respond."


Presentations:

- 5/5/2023:

- 27/4/2023:

- ?/4/2022:

- 23/4/2020:

- 30/4/2019:


TECHNOLOGY PRODUCTS

Available now:

A) S Series air cooled fuel cell generator module – Flexible modular compact:
- Regulated net power up to 2.5kW.
- Air cooled ’S’ series fuel cell inside.
- Core fuel cell system module.
- Designed for easy integration.
- Scalable via multi-unit installations.
- Modular for easy maintenance and replacement.
- Fully self-contained power generation unit.
- Powered by Hydrogen.
- Compatible with Hydrogen from carrier fuels.

B) S Series fuel cell generator Power Tower unit – Diesel generator alternative:

- Up to 10kW net power.
- Suited for demonstration, events, construction site.
- Clean alternative to diesel generator.
- Up to 4 air cooled ’S’ series fuel cell inside.
- Powered by Hydrogen.
- Hydrogen supply provided on request.
- Compact footprint dimensions (height, width, length).
- Rugged enclosure designed for outdoor uses.
- Forklift portable ‘phone-box’ sized.
- Easy to install, set-up & operate.
- Choice of power config: 60V DC, 230V AC (50Hz), 415V AC 3-Phase, Type 2 AC EV Charger.
- Compatible with Hydrogen from carrier fuels.

C) L Series fuel cell generator – Robust supported solution:

- Up to 40kW power.
- Deployed for Extreme E & Urban Airport.
- Hydrox-cell ’L’ series fuel cell inside.
- 10 foot shipping container sized.
- Rugged enclosure designed for outdoor uses.
- Powered by Hydrogen.
- Tried & tested in hot, cold & dusty environments.
- Supported on-site by AFC field service team.
- Battery energy storage as an optional extra.
- Compatible with Hydrogen from carrier fuels.


Coming soon:

A) Multiple S Series fuel cell generator Power Towers – Powerful upgradable solution:

- Multiple Power Tower units 20kW - 100kW total.
- Suited for construction sector diesel gen replacement.
- Air cooled ’S’ series fuel cell inside.
- Scalable power via multi-unit installation.
- Modular installation for simplified, easy maintenance.
- Compact footprint dimensions.
- Easy to install, set-up & operate.
- Compatible with Hydrogen from carrier fuels.
- More efficient high-voltage power transmission.


In development:

A) S+ series fuel cell generator module – Powerful modular compact:

- Single unit power up to 100kW.
- Liquid cooled ’S+’ series fuel cell inside.
- Core fuel cell system module.
- Designed for easy integration.
- Scalable for multi-unit installations.
- Modular for easy maintenance and replacement.
- Fully self-contained power generation unit.
- Powered by Hydrogen today.
- Compatible with Hydrogen from carrier fuels.

B) S+ series fuel cell generator power cube – High-power diesel generator alternative:

- Replacement of high kVA diesel generators.
- Delivering up to 500kW – 1MW net.
- 10 foot shipping container.
- Liquid cooled ’S+’ series fuel cell inside.
- High power in compact footprint dimensions.
- Rugged enclosure designed for outdoor use.
- Easy to install, set-up & operate.
- Various power regulation configurations.
- Compatible with Hydrogen from carrier fuels.

C) Power from ammonia - Integrated flexible fuelling alternative:

- Integrated technology package.
- Includes conversion of ammonia into hydrogen.
- Fuel cell optimised for hydrogen from ammonia.
- Ammonia supply provided on request.
- Efficiencies through technology integration.
- Modular and scalable.
- Suitable for industrial applications.

D) Power from methanol - Integrated flexible fuelling alternative:

- Integrated technology package.
- Includes conversion of methanol into hydrogen.
- Fuel cell optimised for hydrogen from methanol.
- Methanol supply provided on request.
- Efficiencies through technology integration.
- Modular and scalable.
- Suitable for industrial applications.

E) Ammonia cracker - Ammonia to hydrogen solution:

- Technology to convert carrier fuel ammonia into hydrogen.
- Suitable for industrial applications - particularly maritime.
- High efficiency conversion.
- Modular and scalable.
- Part of AFC's 'flex fuel' strategy.
- Offering lower cost hydrogen on-site.
- Developed as standalone product or for technology integration.
- Independently tested - produces 99.99% hydrogen & meets requirements of ISO 14687:2019 for vehicles & stationary fuel cells.


SUPPORT SOLUTIONS

A) Fuel supply - Choice of flexible arrangements for fuel supply:

- Supply of Hydrogen, Ammonia or Methanol.
- Consultation on fuel consumption & logistics requirements.
- Put you in touch with approved fuel suppliers to make arrangements direct.
- Arranging the sourcing, supply & delivery of the fuel of choice.
- Consultation or supply of on-site fuel storage.

B) Complete serviced solution - Consultation, design & commissioning:

- Consultation & design of the full power solution based on application.
- Arrangements to supply, deliver and connect battery energy storage technology.
- Technical integration of technologies – battery, fuel cell, fuel conversion, fuel storage.
- Monitoring & optimisation for the full system.
- On site installation, commissioning & decommissioning.
- On call maintenance from our field support team.
- Provision of comprehensive operating guidelines & on-site briefings.


DEVELOPMENT PARTNERSHIPS

- Inviting commercial partners to join AFC to develop fuel cell & related tech for their application.
- AFC have expertise, experience, process, facilities, intellectual property & concepts.


SECTOR COMPARISONS OF MARKET CAPITALISATIONS:

- UK (9/6/2023):

-- AFC £123.69m @ 16.82p
-- Proton Power (PPS) £302m @ 9.75p
-- ITM £453.98m @ 74.04p
-- Ceres (CWR) £555.51m @ 289.2p

- N. America (9/6/2023):

-- Plug Power (PLUG) $5.71 billion @ $9.17
-- Bloom Energy (BE) $3.29 billion @ $15.14
-- Ballard Power (BLDP) $1.752 billion @ $5.75
-- Fuel Cell Energy (FCEL) $937.24m @ $2.31


FUEL CELL SECTOR NEWS & EVENTS:

- UK Hydrogen and Fuel Cell Association:
- Hydrogen Council:
- Fuel Cell Works:
- H2 View:

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[beeezzz] 26/2/2015 17:29

NB...I can only manage a long sigh these days, I wouldn't mind if companies were honest, they are still not telling us the truth, even if they have NDA investors should be informed at all times.

sayonara

[norbus] 26/2/2015 11:32

Tewkesbury

Your stock does not need me to deramp it boy; the brilliant management do that
was 50p last year , wasn't it? I see you play with words; have you tried playing with yourself? hardly a barrier to entry for this old technology if it could be made to work in scale. Good luck if you hold, you are going to need it

[new tech] 26/2/2015 08:49

"Next trial of 101 cell stack scheduled for February - March" (AFC, 16/1/2015)

That could mean results within 5 weeks.

[tewkesbury] 26/2/2015 08:31

norbus = subnor(mal) in reverse.

Presumably a deliberate choice of name based on the intended style of deramping posts for this one of his many avatars. Or perhaps his own view of himself?

[norbus] 26/2/2015 08:29

what? riding waves? or sniff glue? maybe do ganga? get real before your donut gets jammed; I have a brilliant life thank you

[ride the wave] 25/2/2015 22:18

You need to get a life mate !!!

[norbus] 25/2/2015 15:15

I get to laugh to see the mugged mugs and the muggers; I did the same at ACTA.pmsl at the idiots who dream that magic wands work; They love being kind and foot the bill for handsome payrolls : I do not see how AFC can make it; I also like watching IEH and other puffed wheat jobs;

[ride the wave] 25/2/2015 15:00

What a DONUT !

Lol, just LOL

[ride the wave] 25/2/2015 14:59

One simple question to the simple de ramper :-

IF you're so fluffing clever , why you wasting your time on here everyday ?

LMFAO

[beeezzz] 25/2/2015 12:11

CC...I'm not holding my breath........open days they let see what they want you to see anything can be made to look impressive...."Meaning of life" always comes to mind...quick get the machine that goes bing...marvellous...I will believe it when others put down hard cash and buy the technology that is a sign it works. Until then is just the people involved that are making any money.

[holism] 25/2/2015 09:42

cc that would be a shame, i always like to see these small companies prove their worth before a takeover, we have all been here for long enough taking the major risk, I do hope Bond can see that happening and avoid a takeover in the near term.I agree the milestones are pretty imminent.

[city chappy] 25/2/2015 09:14

I have attended several open days at AFC and always been impressed.

They have been steadily scaling-up the technology through the Alpha, Beta and 25 + 51 stack KORE fuel cell systems. Final results from the 101 stack 250 KW commercial KORE system are due next month. If satisfactory they have a commercial product for the world market and will commercialise this year.

They have several patents to protect the IP. More likely AFC would become a takeover target.

[norbus] 25/2/2015 08:21

I never bought into this company or its technology; It was a hype from the get go with a stockbroker trying for a story; I met one of their senior research people no longer there and he basically confirmed the fluffy substance. So never believed the story, nor the barrier to entry. The technology is decades old; scaling and process reliability are not that easy, and if sorted there will be plenty of entrants.

[lordgibil] 24/2/2015 19:32

Norbus, a few years ago you were slagging AFC off saying they were a con then you bought in and I believe you sold at a loss. Thinking of getting back in again I presume.

[holism] 23/2/2015 11:17

Norbus can you explain? I would have thought the tax loss brigade would be busy!! By the way with cash in the bank has AFC needed to drawdown the ridiculous finance?