Higher diesel prices drive interest in fuel-cell generators – AFC
Company books first commercial order for its S Series system and aims for revenue growth in 2022
UK-based AFC Energy says rising diesel prices are helping to drive increased interest in its hydrogen fuel-cell power generators and is targeting higher revenues in 2022. Lower production costs and the removal of UK diesel subsidies are also supporting higher levels of customer enquiries, the company says in its H1 results. “The macro environment of high global energy prices and drive for enhanced energy security and independence continues to create a compelling environment for accelerated growth of the global hydrogen market, and we remain focused on delivering tangible deployment expectations for the full year,” says AFC’s CEO Adam Bond. AFC, which is listed on London’s AIM stock market, s
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome