AFC Energy moves into next phase of ABB partnership
March 29, 2023 at 08:28 am EDT
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AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond speaks to Proactive after announcing that Swedish energy and engineering group ABB is to take a stake in the business after a successful test of its hydrogen fuel cell technology. Bond says that "we delivered the system on time, we achieved the outcome we wanted to achieve and have even gone so far as to create a first pipeline of commercial deployments with ABB in our new agreements."
Here's the earlier story:
AFC Energy PLC (AIM:AFC, OTC:AFGYF) said Swedish energy and engineering group ABB is to take a stake in the business after a successful test of its hydrogen fuel cell technology.
A cumulative 100kW liquid-cooled fuel cell (the S+ Series) exceeded contracted targets in a test run by ABB’s E-mobility arm and verified by an independent German engineering group, IAV.
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AFC Energy plc is engaged in the development of fuel cell and fuel processing technology and equipment. The Company provides a flexible range of hydrogen fuel cells and hydrogen carrier fuel conversion technologies for organizations in need of affordable, flexible, clean off-grid power, such as those in construction, electric vehicle (EV) charging, shipping and data centers. Its technology products include H-Power Tower - S Series fuel cell inside and L Series fuel cell generator. Its technology products under development include H-Power Generator - S series fuel cell inside, H-Power Generator - S+ series fuel cell inside, Ammonia cracker - ammonia to hydrogen solution and Methanol Fuel Tower - methanol to hydrogen solution. It offers a range of optional support solutions to accompany its products. It develops fuel cells and related technologies for industrial applications. It focuses on sectors, including maritime, construction, data centers, outdoor events, EV charging and rail.