Afc Energy Share Discussion Threads

[skinny] 23/12/2021 07:07

All the big players are hedging their bets - that's why they are big players!

[yellowf123] 23/12/2021 06:53

ABB sign agreement for H2 Fuel Cells for replacement of diesel generators and data centre backup..
Does it should familiar?.
If ABB were so happy with AFC as a supplier why would they sign agreements with other suppliers?.
Looks like ABB are hedging their bets..

hxxps://fuelcellsworks.com/news/gencell-signs-agreement-with-abb-switzerland-on-hydrogen-based-solutions/

[haggismchaggis] 22/12/2021 16:22

Extreme E have released date and locations for season 2 calendar 2022.

Round 1 (19 - 20 February)
Neom, Saudi Arabia

Round 2 (07 - 08 May)
Sardinia, Italy

Round 3 (09 - 10 July)
Scotland OR Senegal

Round 4 (10 - 11 September)
Antofagasta, Chile

Round 5 (26 - 27 November)
Punta Del Este, Uruguay


NEOM!!!

There it is again!!

And for those that have not seen my previous posts about NEOM, the two images on the page linked below are named 'Neom-Setting-off1-web.png' and 'Neom-Setting-off-2-web.png'.

And in the text on the page it said "Our latest unit has been despatched for another long journey. This Flex-ESS will be supporting one of AFC Energy’s most recent Hydrogen Fuel Cell deployments.", but it didn't go to Extreme E as they already had theirs beforehand.



IMVHO a webmaster does not name their images NEOM for no reason.

[haggismchaggis] 22/12/2021 10:44

An international consortium behind the proposed development of a green ammonia project in Salalah in Dhofar Governorate plans to invest around $1 billion in the implementation of the world-scale clean energy venture.

Led by OQ – the global integrated energy group of the Sultanate of Oman – the so-called ‘SalalaH2’ project envisions the decarbonisation of OQ’s existing ammonia plant in Salalah and its integrated into a wider complex of facilities that will include, among other things, 1 GW of solar and wind based renewable energy capacity, and 400 MW of electrolyser capacity to produce green hydrogen and other green products.

Besides OQ, partners in the SalalaH2 project include Japanese trading and investment business conglomerate Marubeni Corporation, global multinational chemical engineering company Linde and UAE-based diversified business house Dutco. In October, the consortium members signed a Joint Development Agreement (JDA) for the implementation of the scheme at Salalah Free Zone.

In the upshot, the grey ammonia currently being produced by the existing ammonia plant based on natural gas will be decarbonized to produce green ammonia – a process envisioned to take place over several years. Upon the completion of this process, all of OQ Ammonia’s 1,000 metric tons/day capacity of grey ammonia will become green, at which point the export of grey ammonia from Salalah will cease, he noted.

At the same time, the consortium will explore opportunities for the use of green hydrogen from the SalalaH2 project in local industry and mobility applications. Longer term, the potential to liquefy and export green hydrogen will be studied as well, he stated.



As Dutco are part of this group, then it opens up the heads of agreement with DNR Industries Ltd to do what was agreed way back in 2015, before AFC had commercial Fuel Cells to install, which they created 4 years later. There's a reason Dutco were chosen over UK containerisation companies IMVHO.

[haggismchaggis] 21/12/2021 09:38

By offering the HFC as a Hydrogen system, and offering these on lease, I would say that AFC hope to get several big orders over the line ASAP.

HFC benefits to early adopters:

1) Easy to source fuel (not much to work out on the logistics, as it's available everywhere)
2) Fuel is well known by existing FC engineers, installers and support staff (which may just be electricians or gas engineers trained on Hydrogen FC's)
3) Lease offers low cost to clients, they don't need to commit to big CAPEX costs until they have used the FC's for a while and want to place an order for ownership
4) Lease is good for clients' tax, some will stick to this long term
5) Lease allows for system swap out later on when the Ammonia or Methanol integrated systems are available, in the meantime AFC can train clients' engineers, installers and support staff to use the new fuels
6) Generator hire companies could be very attracted to the lease option. This would be great for MACE, Acciona and possibly Altaaqa

[hugotanha] 21/12/2021 08:31

Its moving By the looks of it

[haggismchaggis] 20/12/2021 14:23

Altaaqa are going to be busy boys and girls! They were a great deal for AB!

Not only is NEOM being built, but "Saudi Crown Prince unveils $20bn plan to transform Jeddah"

The ambitious project will be built on 5.7 million square metres of land overlooking the Red Sea and will be financed by the Public Investment Fund alongside local and international investors, according to the Saudi Press Agency.

The launch of the master plan comes as part of the Crown Prince’s efforts to develop all regions and cities of the kingdom, it added.

The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah and will further strengthen the city’s economy, the Crown Prince said.

The Jeddah Central Project is expected to achieve an estimated added value of SR47 billion for the kingdom’s economy by 2030 and will include four main components – an opera house, museum, sports stadium and oceanarium.

In addition, the city will benefit from the development of residential areas, encompassing 17,000 homes and hotel projects that offer more than 2,700 rooms, as well as integrated solutions for the business sector.

The project will also feature a marina and beach resorts, restaurants and cafes and retail offerings.

The waterfront of the project will be 9.5km long, which includes a promenade, a marina and a 2.1km long beach.

[winston8643] 20/12/2021 12:49

What about a bid for this little gem!

[wuzy] 20/12/2021 10:17

Hugo, your still a class one idiot.

[hugotanha] 20/12/2021 10:09

Hahaha, never trust anyone here lol

[r0hini] 20/12/2021 10:01

Remember 8 months ago when ppl were saying this would be a quid at least by Xmas wtf

[proudmeister] 20/12/2021 07:49

Markets on the edge this morning, final week not looking the best. All the best for next year, have a good one everyone. Come on afc in 2022

[hugotanha] 20/12/2021 07:09

Well said. Basically dnt fall in love with any stocks.

[hugotanha] 20/12/2021 07:06

Good morning my friends

[jimmynan] 19/12/2021 21:08

Beautifully put Mr Sausage. Couldn't agree more :)

[yellowf123] 19/12/2021 19:55

Mr Sossidge,
I can concur with that finding.
I have had similar conversations with the same outcome.
AFC have been the facilitator for the whole Extreme-E event, and yet are cloaked in secrecy. How/why can that be?.
We have not sponsored the event for sure, and we still don't know what fees have been extracted for leasing/renting the charging units for the years events.
Has being involved in Extreme-E lead to any sales?.
Was it through Extreme-E that the ABB partnership evolved?.
Does anyone have a clear answer on that?.
Was the whole Extreme-E involvement just an ego trip for AB?.

For now we wait, until who knows when?.
Maybe another half year, one year, 5 years.
Who know the goalposts are always shifting.

[mr sossidge] 19/12/2021 18:54

During the course of 2021 I have asked numerous colleagues, friends and neighbours if they are aware of the ExtremeE race series... out of the 30% who say yes they have not one of them absolutely none of them are aware of the power source behind the racing nor the name AFC Energy... Merry Christmas

[haggismchaggis] 19/12/2021 13:41

A new Norway shipping group have gone for burning Ammonia and then using scrubbers to clean up the exhaust. This will be way more CAPEX, OPEX and maintenance than the AFC solution. What is great though, is that being in that industry and being in Norway, they will have seen the news of our ZeroCoaster project, so they have likely already realised the error of their ways.
.
Ammonia-Powered Short Sea Shipping Project Awarded Norwegian Funding
.
Norway-based Viridis Bulk Carriers and its partners have been awarded funding to help develop ammonia-powered short sea ships for the European sector.
.

.

[mr sossidge] 19/12/2021 07:27

It's a great concept...I just can't see the CAA allowing the skies to fill up with flying cabs...

[hicon] 19/12/2021 00:28

The cars: In the Extreme E, electric SUVs with a maximum of 544 hp race through the terrain. The highlight: The energy is generated on site from sunlight and fuel cells. Solar modules first produce electricity in order to split water into oxygen and hydrogen. This, in turn, is converted into enough energy in a giant portable fuel cell to power the cars. The system is manufactured by the British company AFC Energy. In this way, 480 kW of energy can be generated in 24 hours.
"We produce the electricity by electrolysis with solar energy," says its CEO Adam Bond. “This means that not only the fuel cell is emission-free, but also the production of the hydrogen.” Another advantage: Because the hydrogen is produced on site, it is not necessary to transport the explosive gas. Why not use solar energy right away? "Then every team would need a huge solar module - with our system we can charge the cars centrally," says Extreme E manager Andy Welsh.
translate with Google
hxxps://www.autobild.de/artikel/extreme-e-finale-21057645.html

[bmel] 18/12/2021 20:31

Well the people that invested 300 m dollars do.

[mr sossidge] 18/12/2021 19:17

I hope it does for AFC's benefit but can anyone really see flying taxis taking off..?