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Afc Energy Plc (AFC)
Afc Energy Plc (AFC) Dividends

Share Name	Share Symbol	Market	Stock Type
Afc Energy Plc	AFC	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	-0.58	-3.79%	14.74	13:52:36

Open Price	Low Price	High Price	Close Price	Previous Close
15.54	14.74	15.54		15.32

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Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Afc Energy AFC Dividends History

No dividends issued between 06 Jun 2013 and 06 Jun 2023

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Posted at 28/4/2023 07:01 by skinny Annual General Meeting Results. The Board of Directors notes that resolutions 1, 3 and 7 received votes of 75.95%, 78.18 and 73.34% respectively in favour but recognises that a significant minority of shareholders voted against these resolutions. The Company intends to engage with shareholders in order to better understand the reasons behind the result and will provide an update on the feedback received from those shareholders and any actions the Company intends to take within six months of the date of the Annual General Meeting. Notice of Investor Presentation. AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce that Adam Bond, Chief Executive Officer, and Peter Dixon-Clarke, Chief Financial Officer, will provide a live presentation via Investor Meet Company on Friday 5 May 2023, at 1.00pm BST. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet AFC ENERGY PLC via: https://www.investormeetcompany.com/afc-energy-plc/register-investor Investors who already follow AFC ENERGY PLC on the Investor Meet Company platform will automatically be invited. Read Full Thread Follow Reply
Posted at 27/4/2023 11:04 by haggismchaggis Nick, .Thanks for that, very good to see!.I did say when AFC announced that Taylor Woodrow was taking a Power Tower, that Vinci could be huge and that mentioning them was probably a big hint..I also said the mention of IAV was a big hint, as there was no need for AFC to mention them in the ABB RNS. So I definitely think there is something going on there too..From the Peel Hunt Broker note after the RNS mentioning Vinci:."Like Acciona, Vinci could be a particularly important relationship for AFC Energy, given its size and scale, adds Peel Hunt."..AFC Twitter:"New lease agreement signed with Taylor Woodrow, civil engineering division of global contractor Vinci Construction UK""VINCI Construction UK is a specialist civil engineering, construction and facilities management company. Part of the global VINCI Group"https://www.vinci.com/vinci.nsf/en/group.htm.VINCI Group:.Revenue: 61,675mNet income attributable to owners of the parent: 4,259m271,648 employees in 2022."Operating in nearly 120 countries, VINCI ambition, in response to the climate emergency, is to accelerate the transformation of living environments, infrastructure and mobility.?We also aim to foster social progress by being a humanist group that exemplifies inclusion and solidarity.".Nearly 120 countries3,200 companies."Born from the merger in 2021 of VINCI Construction and Eurovia, the new VINCI Construction division brings together more than 1,000 companies and 115,000 employees, and covers an unparalleled set of expertise in the building, civil engineering and infrastructure activities."."In a constantly changing world, VINCI Energies and Cobra IS bring their expertise in information and communication technologies, in activities associated with energy and transport infrastructure, in continuous improvement of industrial performance and in maintenance and operation of buildings.".hTTps://www.vinci.com/vinci.nsf/en/group.htm. Read Full Thread Follow Reply
Posted at 19/4/2023 07:01 by skinny https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-ACCIONA-Orders-First-50kVA-H-Power/90798394 ACCIONA Orders First 50kVA H-Power Generator AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to confirm ACCIONA's first order of an H-Power "S" Series 50kVA hydrogen powered generator for delivery in Spain during the second half of 2023. Highlights -- New 50kVA H-Power Generator designed for heavy duty construction and temporary power market. -- ACCIONA to rent the system for a period of six months with an option to purchase or extend. -- The generator will comprise a 30kW AFC Energy air cooled fuel cell and 45kWh battery storage system. -- Zero emission H-Power Generator Series is a step towards displacing ACCIONA's incumbent internal fleet of 30 - 80 kVA diesel generators. -- The new 30kW "S" Series fuel cell will be housed within AFC Energy's new "generator canopy". -- The 50kVA system will see significant cost reductions on a per kW basis versus the first H-Power Tower. -- The H-Power S Series 50kVA genset delivers 400% power versus the original H-Power Tower. -- H-Power Generator Series targets a significant proportion of the existing diesel generator fleet and is in a "sweet spot" for mass deployment. ACCIONA hosted AFC Energy's first H-Power Tower field deployment over the summer of 2022. During the 13-week deployment, customer feedback was captured and reflected in the next product within the Company's fuel cell portfolio, being a 30kW fuel cell generator. The generator will operate harmonized with a battery storage system giving a total 50kVA output (measured against existing ISO standards for diesel generators) and is specifically designed for heavy duty construction sites. The 30kW fuel cell platform will house 12 x 2.5kW air cooled "S" Series fuel cell systems and produce a high voltage DC output, resulting in a material cost reduction relative to the original Power Tower configuration. ACCIONA has agreed to lease the 50kVA H-Power S Series generator for a period of six months following which it will have an option to purchase the system at a pre-agreed price or further extend the lease. AFC Energy will procure and operationally integrate a battery storage system capable of accepting DC power feed for interface with the end customer's power needs. The battery is expected to be sized at or around 45kWh. more..... Read Full Thread Follow Reply
Posted at 14/4/2023 12:36 by haggismchaggis Hiiroc . About time we got up to date with where Hiiroc are at. . 04 April 2023 "Demonstrator deployed in 2022. Pilot units contracted for deployment through 2023 across a range of hydrogen use cases" . hTTps://www.londonstockexchange.com/news-article/HGEN/annual-financial-report/15903553 . Hiiroc and Jaguar Land Rover project: . hTTps://www.gov.uk/government/publications/industrial-hydrogen-accelerator-programme-successful-projects/industrial-hydrogen-accelerator-programme-stream-2a-successful-projects--2 . AFC Hiiroc agreement: . "AFC Energy is investing £100,000, payable in AFC Energy shares, into HiiROC's scaling up programme, which were allotted to HiiROC on 24 January 2020 conditional on admission to trading on AIM. AFC Energy also intends to make up to £300,000 of "in-kind" contribution to HiiROC over 12-18 months to support the development of a prototype unit." . hTTps://www.investegate.co.uk/afc-energy-plc/rns/hiiroc-agreement/202001270700099316A/ . So things are definitely moving ahead for Hiiroc with one demonstrator in place and more being put in place this year, suggesting all is good with their technology, otherwise it would have fallen at the first demo hurdle. Read Full Thread Follow Reply
Posted at 29/3/2023 11:50 by haggismchaggis Acciona and Julich to take a 100kW each!. . Acciona soon IMVHO, Juelich in H2. . The 100kW S Series is what they have been waiting for!! . 6 December 2021 "ACCIONA and Julich have been engaging with AFC Energy on our new product portfolio expected for release in 2022. Due to previously communicated delays on each site, an opportunity has arisen to review product deployment for each site with a particular interest in the new "S" Series systems which are expected for early deployment in 2022. A delegation from ACCIONA visited AFC Energy in November 2021 with the intention of confirming their preferences for system deployment with a focus on high energy density." . 29 June 2022 "Our relationship with Juelich continues to evolve. Their original order was for a 100 kW "L" series bespoke system; however, after further discussions on our product development roadmap, agreement was been reached to review and update the deliverables in line with technology progression. However, Juelich has advised due to further delays with regards the civils of the project mean they will be unable to take possession until the H2 2023. In the interim, Juelich has made a down payment to AFC Energy to demonstrate its ongoing commitment to the project. " . . Also, AFC obviously don't need the £2m in cash or they would have taken that rather than having ABB put the money into AFC shares. ABB clearly happy with AFC and willing to put more money into it's stock says far more to investors than them paying AFC £2m for the S Series. Read Full Thread Follow Reply
Posted at 29/3/2023 07:06 by skinny https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-ABB-Milestone-Validation/90623242 ("AFC Energy" or the "Company") ABB E-mobility S+ Series Hydrogen Fuel Cell Validation AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to confirm it has successfully delivered and validated its first cumulative 100kW Liquid Cooled Fuel Cell ("S+ Series") with partner ABB E-mobility. Highlights -- New S+ Series fuel cell stacks exceeded the cumulative 100kW target output over validation period -- New commercial agreement highlights first sale to ABB E-mobility and prospective sales pipeline -- S+ Series fuel cells support potential for high power EV charging, critical back up and maritime applications AFC Energy has successfully delivered its first high performance, high power density liquid cooled fuel cells for independent validation as part of its Sales and Development Agreement with ABB E-mobility. The liquid cooled technology, referred to as the "S+" Series (as distinct from the Company's "S" Air Cooled technology) was delivered to Germany for independent validation in October 2022 and signifies AFC Energy's first entry into the high power density fuel cell market. The milestone is the first of a two-stage development programme first announced November 2021 that will now see a modular 200kW high power fuel cell system scheduled for first operation later this year, which will be followed by product certification immediately thereafter. The state of the art 200kW hydrogen power generator unit (and battery system) will then be sold to ABB E-mobility. The modular fuel cell design was agreed with ABB E-mobility initially for high power EV charging, however ABB E-mobility have also identified critical back up power generation as a new prospective market for the S+ Series. The S+ Series platform will form the basis of the Company's market entry into maritime and larger scale off-grid and critical back up power markets. With a strong focus on a reduced Total Cost of Ownership ("TCO"), AFC Energy has been working with state of the art manufacturing for low cost fuel cell technology. This first successful validation adopts a manufacturing philosophy considered as one of the pathways capable of delivering lowest cost fuel cell stacks. Validation of the S+ Series stacks were witnessed by representatives from ABB E-mobility, AFC Energy and German engineering house, IAV, at an independent IAV testing facility in Germany. The validation saw the successful delivery of over 100kW of cumulative net power output from the stacks, exceeding contracted targets, and positions AFC Energy well as it enters into the next phase with ABB E-mobility to deliver on a modular hydrogen fueled, zero emission 200kW hydrogen power generator this year. Commercial Highlights and Agreement Modifications Following successful S+ Series validation, ABB E-mobility and AFC Energy agreed to review and update the Sales and Development Agreement originally executed by the two companies in November 2021 (the "Agreement"). In early 2022, ABB E-mobility made a non-refundable payment of GBP2m to AFC Energy towards early stage development costs of the S+ Series fuel cell platform. Following review of the commercial arrangements between ABB E-mobility and AFC Energy, the two companies have agreed the following: -- ABB E-mobility has expressed an intention to invest a further GBP2m into AFC Energy by way of a subscription for shares in the Company replacing the subsequent payments due under the original contract. -- A volume discount on up to 10 x 200kW S+ Series fuel cell system sales to ABB E-mobility or its direct customers for a defined period of time. -- Following completion of the upcoming 200kW S+ Series deployment, which will now be fuelled exclusively on hydrogen, and receipt by AFC Energy of relevant product certifications, ownership of the system (including battery) will transfer to ABB E-mobility. The sales pipeline of 10 x 200kW S+ Series fuel cell systems is eligible to be applied across sales of fuel cell systems (which are envisaged to include connected battery systems) to any division or controlled subsidiary of the ABB group and further highlights ABB E-mobility as a key strategic partner of AFC Energy. Frank Muehlon, Chief Executive Officer of ABB E-mobility, said: "AFC Energy is a key strategic partner for ABB E-mobility. We are pleased to have reached this first important milestone for our continued collaboration as we work on the transformation towards a sustainable mobility infrastructure." Adam Bond, Chief Executive Officer at AFC Energy, said: "We continue to see ABB E-mobility as a key strategic partner of AFC Energy with the validation of our new S+ Series fuel cell system providing strong evidence of the close working relationship developed between our two companies in recent years. AFC Energy is now working with ABB colleagues across multiple verticals including maritime and date centers for critical back up power, and we look forwards to highlighting the role of hydrogen in supporting the decarbonisation displacing diesel generators across the global back up power market." https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-ABB-E-mobility-Follow-On-Investment/90623550 ("AFC Energy" or the "Company") GBP2m ABB E-mobility Follow On Investment AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to confirm that following the successful validation of the Company's first high power density liquid cooled fuel cell announced earlier today, ABB E-mobility has elected to make a follow on equity investment of GBP2m into AFC Energy. ABB E-mobility's investment into AFC Energy will be made by way of a subscription to raise GBP2.0 million (the "ABB E-mobility Subscription") through the issue of 10,000,000 new Ordinary Shares at 20 pence each, being the closing market price per Ordinary Share on 28 March 2023, the latest practicable date prior to the publication of this Announcement. Post completion of the ABB E-mobility Subscription, total payments received from ABB E-mobility pursuant to the Agreement will total GBP4m and ABB E-mobility will hold 15,038,760 shares, or 2.02 per cent. of the Company's enlarged issued share capital. The net proceeds will further support AFC Energy's continued development and delivery of its S+ Series fuel cell system. The 10,000,000 new Ordinary Shares will rank pari passu with the Company's existing ordinary share capital and application will be made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading which is expected to commence at 8.00 a.m. on 5 April 2023 ("Admission"). Following Admission, the Company's total issued share capital will consist of 745,351,171 Ordinary Shares, none of which are held in treasury. Accordingly, following Admission, the total number of voting rights in the Company will be 745,351,171. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Read Full Thread Follow Reply
Posted at 23/3/2023 07:01 by skinny https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-Ammonia-to-Hydrogen-Cracker-Techn/90578197 AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the launch of its new advanced ammonia cracker technology platform. The Company's new cracker technology is an innovative, new hydrogen generation solution that aims to unlock the value of ammonia as a hydrogen carrier fuel across target markets in Europe and Asia. The Hydrogen Council now predicts that investment in international hydrogen trade is forecast to grow to US$150 billion by 2030, before increasing to US$1.5 trillion by 2050. A large percentage is forecast to be via synthetic fuels such as ammonia, highlighting the high growth in demand for ammonia cracking technology in order to liberate hydrogen from the carrier fuel. Originally focused on maritime applications, AFC Energy's modular, scalable ammonia cracker technology will support the decentralized generation of low cost hydrogen, further enabling the Company's fuel cell technology in regions affected by hydrogen storage and transport challenges. The cracker will also create new commercial opportunities as a standalone product capable for stationary, modular hydrogen generation across the global hydrogen value chain. The launch follows extensive cracker reactor validation testing over the past two years and completed in March at the Company's UK test facilities. Larger modular cracker system prototypes are expected within twelve months and initial commercial deployments expected during 2025. AFC Energy's ammonia cracker is complementary to the Company's existing fuel cell platform and supports fuel cell system salability in key markets where hydrogen supply logistics can be challenging. AFC Energy is seeing interest from European utilities, green and blue ammonia producers, ship owners, and heavy plant and equipment manufacturers and exploring near term commercial partnerships. The cracker technology has now been accelerated in response to the material growth in ammonia imports being contracted into Europe (as a hydrogen carrier fuel) to support the EU's sustainable energy policies and address energy independence challenges arising out of the Ukraine conflict. Adam Bond, Chief Executive Officer at AFC Energy, said: "AFC Energy's new ammonia cracking technology platform now takes us into the hydrogen generation market facilitating renewed energy security and reliability. Clean ammonia is a preferred means of transporting hydrogen to end users, particularly in Europe and Asia, and with today's technology launch, AFC Energy is targeting these key markets to enable a faster, more widespread adoption of hydrogen where storage and transportation challenges might otherwise present short-term challenges. "Consistent with our "flex fuel" strategy launched last year, AFC Energy's low cost, modular ammonia cracker aims to enable a broader "ammonia to power" opportunity utilising our existing proprietary fuel cell technology. It also opens new markets for our partners to exploit as a hydrogen refueller in support of heavy duty motive applications. "AFC Energy's ammonia cracker technology continues to position the UK at the leading edge of the hydrogen economy and positions us to support Europe's wider aspirations around decarbonisation, as well as energy independence and security in today's volatile energy market." Read Full Thread Follow Reply
Posted at 09/3/2023 07:08 by skinny https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-H-Power-Tower-Deployment-Update/90456406 H-Power Tower Deployment Update AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to provide an update on its H-Power Tower deployment programme following system validations in 2022. Highlights -- H-Power Towers leased for >7,000 hours to date into the UK and 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 increase in customer proposals -- Initial pricing for leases supports sub two year pay back on capital costs with significant capital cost reductions targeted for 2023 -- Extension of Keltbray H-Power Tower lease agreement for six months at M621 highways project in Leeds -- New lease agreement signed with Taylor Woodrow, civil engineering division of global contractor Vinci Construction UK, for H-Power Tower deployment in Bedfordshire alongside National Grid site -- New lease agreement signed with Colas Rail for H-Power Tower deployment on the Signaling Framework contract at the Gloucester Area Life Extension Project -- Successful completion of first Kier H-Power Tower deployment at Plymouth construction camp AFC Energy is offering a zero emissions power generation solution to the delivery of sustainable UK and European construction markets through its H-Power Tower launched last year. The H-Power Tower deployments to date, coupled with a growing pipeline of deployments contracted for 2023, highlights the clear role hydrogen is set to play in supporting the decarbonisation of hard to abate industries such as construction. Customer feedback has been immensely valuable in shaping future specifications of AFC Energy hydrogen power generator platforms and, alongside our early mover customers, we are working to deliver larger systems into 2023, building on the success of the H-Power Tower design. Early H-Power Tower deployments are being delivered under commercial lease hire agreements which, at present pricing, delivers a capital pay back within two years. This model further supports early market penetration to end customers. In due course, we expect to grow system sales to traditional plant hire businesses. AFC Energy designs and builds its own fuel cell systems for input into customer friendly packaging. This unique selling point in our market offering allows continuous technology upgrades to better align customer feedback with our system's design, highlighting a path to a lower total cost of ownership to end users. In 2023, we are working towards a material reduction in capital cost per system, measured on a per kW basis, which, together with +50% efficiency achieved on fuel conversion in the field to date, creates a platform for a competitive total cost of ownership relative to peers. In one of our recent field deployments, the customer, using real life data, compared fuel costs of AFC Energy's H-Power Tower to their incumbent diesel generators, and concluded AFC Energy's cost per kW of fuel used was just a 14% premium to diesel, despite the current high pricing for hydrogen. Yet, with a more competitively priced, longer term hydrogen supply agreement, fuel cost parity could be achieved today. AFC Energy continues to work closely with its customers and partners to enhance and significantly reduce the cost of its hydrogen generator systems and looks forward to further announcements on system enhancements and new deployments throughout 2023. Adam Bond, Chief Executive Officer at AFC Energy, said: "It is great to see the strong market interest in AFC Energy's new hydrogen power generators and particularly the uptake in the H-Power Tower launched last year. We continue to see growth in our pipeline for 2023 and look forwards to working with new customers, both here and across Europe, to affirm hydrogen's role in supporting the decarbonisation of hard to abate sectors like construction." Read Full Thread Follow Reply
Posted at 07/3/2023 07:01 by skinny https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-Appointment-of-New-Business-Develop/90430887 Appointment of New Business Development Manager AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the appointment of Mr. Robin Koeken as Business Development Manager at AFC Energy. Robin joins AFC Energy from ABB where he was European Head of Data Centre Solutions based in the Netherlands, and before that, he was ABB's Global Account Manager for large international cloud providers based out of San Francisco. Robin has a strong history of growing sales and driving business development across the energy sector with a recent history in data centres, a sector that is aggressively seeking to decarbonise away from the use of back up diesel generators. Robin will continue to be based in the Netherlands, a key location for hydrogen and ammonia imports into the EU and will work with our business development functions across Europe and the UK to grow a pipeline of commercial opportunities in AFC Energy's key target markets. Robin Koeken, on his decision to join AFC Energy, said: "A key theme across the data centre and wider European energy market is the need for decarbonisation and the role hydrogen can play in supporting this outcome. What I've seen at AFC Energy in the past eighteen months is a targeted focus on supporting industry deliver on its net zero aspirations and through the great work it is doing with ABB, I can see immense opportunities for the technology and the Company's flex fuel strategy. I am excited at the prospects for AFC Energy and look forward to being part of its success in Europe." Adam Bond, Chief Executive Officer at AFC Energy, said: "I am delighted to have Robin join the AFC Energy team and look forwards to working with him to deliver and grow our pipeline of commercial opportunities across Europe. Our key markets, including data centres and critical back up power customers, have big issues to be addressed as industry looks to accelerate its transition away from conventional diesel back-up systems. We welcome Robin to the team." Read Full Thread Follow Reply
Posted at 07/11/2022 07:01 by skinny AFC Energy Plc Methanol Fuel Tower Field Trial. Methanol Fuel Tower Field Trial AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to provide an update on the development of its "flex fuel" methanol development and methanol Fuel Tower concept line. Highlights -- Successful field trial of first prototype Methanol Fuel Tower with ACCIONA in Spain -- The short field trial saw the Methanol Fuel Tower successfully generate on-site hydrogen from methanol -- Hydrogen generated from the methanol Fuel Tower fuelled AFC Energy's Power Tower, powering ACCIONA's site compound at Alcalá del Valle -- AFC Energy's new methanol Fuel Tower operated for over 100 continuous hours alongside fuel cell platforms before shipment to Spain Methanol and Ammonia are now recognized as important hydrogen carrier fuels that support the decarbonisation of hard to abate industries. The on-site liberation of hydrogen from carrier fuels provides the basis for the accelerated adoption of AFC Energy fuel cells and the generation of sustainable off grid power in locations where hydrogen is uneconomic to transport or store. Following several months of development work, AFC Energy is now pleased to announce the successful field trial of its first prototype methanol Fuel Tower, generating on-site hydrogen from methanol. The Fuel Tower consists of methanol handling systems, fuel reformation and purification technologies, control and safety electronics with discreet intellectual property developed across several of these areas. The field trial was conducted in Spain in collaboration with and at the request of one of AFC Energy's construction partners, ACCIONA. During the trial, the methanol Fuel Tower provided hydrogen to fuel cell modules within the AFC Energy Power Tower that has been successfully operating to displace diesel generators at the construction site's compound since August 2022. The methanol Fuel Tower concept has already operated for over 100 continuous hours fueling AFC Energy's fuel cell platforms. These initial tests were undertaken at AFC Energy's UK technical centre. The concept is aligned with AFC Energy's Flex Fuel approach to meeting industry's need for low cost, on site hydrogen production across construction, temporary power, backup power and maritime sectors. The Company is now engaging with industry to validate the product concept as part of AFC Energy's wider Flex Fuel strategy. Miguel Paris Torres, Head of Area at ACCIONA's Construction R&D Centre, said: "ACCIONA aims to be at the forefront of the construction industry's transition to a net zero future. As part of those efforts to decarbonize our business activities, we have been running a long-term field trial of an AFC Energy Hydrogen Power Tower fuel cell in one of our construction sites in Spain. One of the challenges for the construction industry is the transportation to and storage of Hydrogen on site. The methanol Fuel Tower will help enable us to overcome those challenges and fully utilise the potential for this technology across all of our construction sites." Adam Bond, Chief Executive Officer at AFC Energy, said: "Today's announcement is an important step forward in the design and delivery of AFC Energy's Flex Fuel approach to Hydrogen power generation. There are many remote locations where economic supply of hydrogen fuel is not possible and where hydrogen carrier fuels such as ammonia and methanol will play an important role to support the decarbonisation of industry. "We have already seen methanol and ammonia highlighted as key fuels to reduce reliance on fossil fuels in the maritime sector, and with this week's field trial of the methanol Fuel Tower with ACCIONA in Spain, we can see further opportunities for future deployment of systems across the construction and temporary power sectors of the economy." Read Full Thread Follow Reply

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