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Pin to quick picksAFC Energy Share News (AFC)

Share Price Information for AFC Energy (AFC)

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Share Price: 20.40
Bid: 20.15
Ask: 20.50
Change: -0.40 (-1.92%)
Spread: 0.35 (1.737%)
Open: 21.00
High: 21.00
Low: 20.20
Prev. Close: 20.80
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AFC Energy Power Unit Design May Be Altered After Southern Oil Review

Thu, 01st Nov 2018 13:43

LONDON (Alliance News) - Industrial fuel cell power firm AFC Energy PLC on Thursday said its hydrogen power-generation unit design could be altered as result of a review by Southern Oil Refining Pty Ltd.

AFC Energy has developed an alkaline fuel cell system to convert hydrogen into electricity and the Southern Oil order is its first commercial order in Australia.

AFC Energy said the review "may result in an adjustment to the volume of hydrogen available for the fuel cell system" at Southern Oil's Glastone's waste oil refinery in Australia. It was noted that both companies "remain ever focused" on the deployment of the fuel cell system.

"We continue to collaborate closely with Southern Oil's technical team to ensure AFC Energy's fuel cell is fully operational within the timeframe of their advanced bio-refinery, expected to be mid 2019," said AFC Energy Chief Executive Adam Bond.

Shares in AFC Energy were up 0.8% at 6.00 pence on Thursday.

More News
4 Sep 2023 12:09

AFC Energy inks deal to sell hydrogen generators in Saudi Arabia

(Alliance News) - AFC Energy PLC on Monday said it reached an exclusive distribution agreement with Saudi Arabian vendor Tamgo for its hydrogen-fuelled 'H-Power' generators.

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31 Jul 2023 14:08

EARNINGS SUMMARY: National World profit down; AFC Energy revenue down

Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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28 Jul 2023 11:47

LONDON MARKET MIDDAY: FTSE 100 treads water on blue chip earnings

(Alliance News) - Stock prices in London were mixed at midday on Friday, after a busy week of earnings comes to an end.

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28 Jul 2023 11:21

AFC Energy and Speedy Hire team up on hydrogen plant joint venture

(Alliance News) - AFC Energy PLC and Speedy Hire PLC on Friday announced the launch of a hydrogen powered generator plant hire business.

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28 Jul 2023 10:46

AIM WINNERS & LOSERS: WH Ireland plummets on emergency fundraise

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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28 Jul 2023 10:17

AFC Energy inks joint venture with Speedy Hire

(Sharecast News) - Hydrogen generator technology company AFC Energy announced on Friday that it has joined forces with Speedy Hire to introduce a dedicated hydrogen-powered generator plant hire business.

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26 Jul 2023 14:18

TRADING UPDATES: NewRiver hails performance; AFC Energy gets grant

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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18 Jul 2023 17:30

TRADING UPDATES: Great Southern Copper identifies high-grade copper

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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6 Jun 2023 12:33

IN BRIEF: AFC says Jim Gibson resigns as chief operating officer

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Says Jim Gibson intends to step down from his role as executive director from June 9, and as chief operating officer at the conclusion of his contractual notice period.

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21 Apr 2023 20:06

IN BRIEF: AFC Energy annual loss widens but deferred revenue surges

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Reports pretax loss of GBP19.5 million in the year to October 31, 2022, widened from GBP10.4 million a year prior. Says revenue from customer contracts totalled GBP582,000 down slightly from GBP592,000 a year before while basic loss per share in the period was 2.24 pence compared to 1.33p. Adds revenue and deferred revenue multiplies to GBP2.2 million from GBP600,000. Expects growing revenue from system rentals and hydrogen sales with an already contracted pipeline of deployments and growing pipeline of prospective H-Power Tower rentals. Highlights growing interest in new H-Power S Series Generator deployments from new and existing companies. Says near-term focus remains on construction sector, initially through system rentals before transitioning to sales to plant hire businesses.

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20 Apr 2023 15:39

UK shareholder meetings calendar - next 7 days

Friday 21 April 
Aukett Swanke Group PLCAGM
Murray International Trust PLCAGM
Senior PLCAGM
System1 Group PLCGM re board changes
Monday 24 April 
CentralNic Group PLCAGM
Ground Rents Income Fund PLCEGM re changes to the investment policy and new board fees
Tuesday 25 April 
Aquis Exchange PLCAGM
Beazley PLCAGM
Coro Energy PLCGM re disposal of the Italian natural gas assets
Entain PLCAGM
GlobalData PLCAGM
Hydro Hotel Eastbourne PLCAGM
NatWest Group PLCAGM
Schroder Asian Total Return Investment Co PLCAGM
SigmaRoc PLCAGM
VH Global Sustainable Energy Opportunities PLCAGM
Wednesday 26 April 
Alfa Financial Software Holdings PLCAGM
Anglo American PLCAGM
Breedon Group PLCAGM
Bunzl PLCAGM
Corcel PLCAGM
Croda International PLCAGM
Drax Group PLCAGM
Elementis PLCAGM
Global Invacom Group LtdAGM
Kazera Global PLCAGM
Metro Bank PLCAGM
Mobius Investment Trust PLCAGM
Nichols PLCAGM
One Media IP Group PLCAGM
Persimmon PLCAGM
RIT Capital Partners PLCAGM
Trian Investors 1 LtdEGM re share redemption
Trian Investors 1 LtdAGM
Thursday 27 April 
Admiral Group PLCAGM
AFC Energy PLCAGM
Alliance Trust PLCAGM
AstraZeneca PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Dial Square Investments PLCAGM
F&C Investment Trust PLCAGM
Flutter Entertainment PLCAGM
Gresham House Renewable Energy VCT 1 PLCAGM
Gresham House Renewable Energy VCT 2 PLCAGM
Helios Towers PLCAGM
Ibstock PLCAGM
International Personal Finance PLCAGM
Kerry Group PLCAGM
London Stock Exchange Group PLCAGM
Pershing Square Holdings LtdAGM
Quixant PLCAGM
Schroders PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Taylor Wimpey PLCAGM
Weir Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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19 Apr 2023 13:58

AFC Energy signs deal with Acciona for hydrogen powered generator

(Alliance News) - AFC Energy PLC on Wednesday said Acciona has ordered its first 50,000 volt-amps H-Power Generator for delivery in Spain in the second half of 2023.

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29 Mar 2023 14:35

TRADING UPDATES: AFC Energy delivers fuel cell; Kistos hails Benriach

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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23 Mar 2023 10:44

AFC Energy up after launching new ammonia cracker technology platform

(Alliance News) - AFC Energy PLC on Thursday announced the launch of its new advanced ammonia cracker technology platform, a hydrogen generation solution that aims to "unlock the value" of ammonia as a hydrogen carrier fuel.

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9 Mar 2023 13:53

AFC Energy upbeat on performance of H-Power Tower programme

(Sharecast News) - Hydrogen power generation specialist AFC Energy announced success in its H-Power Tower deployment programme, after system validations in 2022.

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