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AFC Energy To Build Commercial Ammonia To Power System After Trial

Mon, 20th May 2019 14:37

LONDON (Alliance News) - AFC Energy PLC said Monday its 18-month "ammonia to power" trial has ended successfully and the company now plans to build a scalable commercial system.

The system will use existing ammonia cracking technology alongside AFC Energy's fuel cell system, enabling the use of AFC Energy's fuel cells in off-grid locations where electricity would be generated through the consumption of ammonia.

AFC Energy said the availability of low cost hydrogen gas has been an "obstacle" to date of deploying its fuel cells in more remote, off-grid locations. Therefore, the company sought a replacement in the form of "readily available" ammonia.

AFC Energy said the 18 month trial showed "proof of concept" the company's fuel cell system, using cracked ammonia, can provide clean electrical power in remote, off-grid applications.

"The successful integration of the company's fuel cell system into an upstream hydrogen stream sourced from cracked ammonia is not only a unique selling point of the alkaline fuel cell, but also is a logical means to the unlocking of the multi-billion dollar off-grid stationary power market," said Chief Executive Adam Bond.

Bond continued: "The results of this demonstration, highlight the potential of ammonia as a long-term fuel to support the deployment of the company's alkaline fuel cell system, displacing diesel gensets and offering an alternative fuel source to the company's new Electric Vehicle charging unit. Utilising ammonia as a fuel is wholly consistent with AFC Energy's review of integrated fuel and power generation systems for off grid power generation and should be a key differentiator for us in our go to market strategy in this ever growing target market."

Shares in AFC Energy were down 0.2% on Monday at 4.28 pence each.

More News
26 Mar 2024 20:40

IN BRIEF: AFC Energy revenue falls; loss widens

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Revenue from customer contracts falls to GBP227,000 in the year ended October 31, from GBP582,000 a year earlier. Pretax loss widens to GBP19.6 million from GBP19.5 million. Says 2024 is focussed on delivery. Chief Executive Adam Bond says: "We are well placed to build on the foundations set in 2023 and look forward to the successful deliveries of our new H-Power Generators into the hands of customers throughout the remainder of the 2024 calendar year."

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14 Mar 2024 16:53

TRADING UPDATES: FireAngel CFO resigns; ECR Minerals raises GBP585,000

(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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11 Mar 2024 13:18

AFC Energy completes factory testing of H-Power generator

(Alliance News) - AFC Energy PLC on Monday celebrated the successful factory acceptance test of its 30 kilowatt generator.

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4 Mar 2024 12:43

AFC Energy generator given the nod for CE mark

(Sharecast News) - Hydrogen power generation technology company AFC Energy announced the reception of its first independent attestation of conformity certificate for a CE mark on Monday, from German certification agency TÜV SÜD for its 30kW H-Power S Series generator.

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26 Jan 2024 12:17

IN BRIEF: AFC Energy-led consortium secures funding from UK Government

AFC Energy PLC - provider of hydrogen power generation technologies - Says it has been awarded funding under the UK Government's Clean Maritime Demonstration Competition, which is funded by the UK Department for Transport and delivered by Innovate UK. A consortium led by AFC has been awarded GBP676,500, in order to design and integrate its proprietary ammonia cracker reactor technology with marine purposed, ammonia fuelled internal combustion engines. Funding starts in the first quarter, with results from the proof-of-concept demonstration expected to be published twelve months later.

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4 Dec 2023 17:33

TRADING UPDATES: 600 Group disposal and funding talks continue

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

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17 Nov 2023 11:58

IN BRIEF: AFC Energy buys UK hydrogen assets from Octopus Energy

AFC Energy PLC - Surrey, England-based provider of hydrogen-powered generator technology - Acquires "certain" UK mobile hydrogen storage and distribution assets from Octopus Hydrogen, part of Octopus Energy Ltd, for an undisclosed sum. Says these assets provide immediate logistics capability to supply hydrogen fuel to its growing network of H-Power Generators across the UK, and strengthen its leading position as the dominant UK hydrogen supplier "to support industry's transition to a sustainable off-grid power solution". Acquisition includes two NanoSun Pioneer mobile hydrogen refuelling stations and a hydrogen compressor for refilling. AFC says the assets will support Speedy Hydrogen Solutions, its recently announced joint venture with Speedy Hire. Adds that it does not intend to become a "capital intensive" provider but that early investment in well-priced assets will enable it to derive incremental revenue and support the maturing hydrogen generator market.

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17 Nov 2023 09:42

AFC Energy acquires mobile hydrogen assets from Octopus

(Sharecast News) - AFC Energy announced an agreement to acquire certain mobile hydrogen storage and distribution assets in the UK on Friday from Octopus Hydrogen, part of the Octopus Energy Group.

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15 Nov 2023 12:23

AFC Energy and Speedy Hire launch hydrogen generator joint venture

(Alliance News) - Speedy Hire PLC and AFC Energy PLC on Wednesday announced the launch of joint-venture Speedy Hydrogen Solutions Ltd, dedicated to the hire of hydrogen powered generator plants.

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23 Oct 2023 11:42

AFC Energy achieves new milestone for its ammonia cracking technology

(Alliance News) - AFC Energy PLC on Monday said it achieved a new milestone as its ammonia cracking technology achieved 99.99% hydrogen from single reactor testing.

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23 Oct 2023 07:29

AFC Energy hails successful testing of ammonia cracker tech

(Sharecast News) - Hydrogen power generation technologies group AFC Energy has reached a new milestone with its new ammonia cracking technology, with testing proving its ability to deliver fuel cell grade hydrogen "on a modular, scalable basis".

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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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