Member Info for AnneOwl

Not quite yet....
"delivery and commissioning in Germany in Quarter 3 2021"

And money for accommodation ...

Oh and did Adam say AFC will shortly be looking at marine applications?

Not the greatest performance he’s given. But at least they cleared up what the name stands for.

Indeed, many LTH here waiting quietly.

I've waited a long time for this RNS, but "YES!" excellent news finally!
Delivery and commissioning timescale is somewhat unexpected, but it is what it is, a signed contract for us :)

The benefit with ammonia is that it's far safer to transport with no high pressure vessels required.
I believe it's more dense too, so you can move more H2 in the form of Ammonia than you can in the same size (pure) H2 pressure vessel.

Word is, through initially there wasn’t enough power at site, the electricity provider has now agreed to make provisions for the amount they need.

Not a huge volume of trades either, so is this money market games, or do we expect some news from the East soon.... :)

Nicely said

"shareholders should be mindful of what would be a reasonable timeline between "enquiry" and "sale" as the solution provided by AFC Energy in this regard should not be seen as a commoditised consumable for which simple "buy" decisions can be made without taking into account other considerations."

This is not great to read, an EV charger you can literally drop off a trailer into a carpark should ABSOLUTELY be a simple commoditised buy decision. If it isn't then no wonder we have struggled to sign a contract to deliver one.

"In addition, the (31m) fundraising will also support and finance the warranties required in connection with systems deployed into commercial applications."

Ahha! This is a positive I think, it sort of implies someone is close to buying one of our products, but they vacillated over the ability of AFC to service a warranty?

Sorry Rooky, not trying to steal your thunder and I agree with you entirely, just highlighting that the charging aspect isn't from ABB themselves currently as Enel X supply that, so we're probably competing against Enel X for any contracts being tendered.

Maybe try focusing on the point here that there's a possibility that AFC could actually be in the running for Formula-E charging for the 2022-23 season, as they haven't picked ABB to do that, and possibly wont be using Enel-X again.

They DO fast charge the battery, limited to 30s, at up to 600kW, providing up to an extra 4kWh of usable energy.

This is an interesting comment at the end of the article (from 2nd July 2020) :

"Formula E, which is backed by ABB, will be responsible for the new car charging system, **including the energy supply**, the distribution network and the charging equipment to be used. ***The suppliers for this, and the powertrain, have yet to be announced***, although Enel X currently provides the charging systems."
- https://www.eenewspower.com/news/williams-gen3-formula-e-battery

Formula E currently uses 'Gen2' battery systems, the charging technology for that is actually provided by Enel X - https://evcharging.enelx.com/uk/commercial/workplace-charging-stations

The 'Gen 3' systems due for Season 9 (2022-2023) have new battery packs (350kW) and fast charging capability (‘pitstops’ that will fast charge the battery pack in 30s). This charging tech will be provided by ABB.

So if we're looking at delivering in 2021, the real comparison was probably between Enel X and AFC, and not against the possibly-not-ready-yet ABB solution.

They won’t be generating the solar power on (low sulphur diesel) ship, and because of the RNS vagueness we still don’t know how meaningful the electrolysis and H2 production will be.
But, we’ve waited ages and this is the only good news we have so far, let’s hope more to follow.

On Sky, or his segments get put on YouTube some time later.

What happened here

Ian King @ 13:30, is there something naughty about saying that ?