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The majority of that deferred revenue should convert to actual revenue, the actual amount will give a clear indication how ready the 200kw unit actually is.

Funny because 2021 was apparently a transformational year for AFC,

AFC Energy PLC (AIM:AFC, OTC:AFGYF) has provided an update for the year to 31 October it described as “transformational”, with the new year expected to the deployment of several new fuel cell systems on the market, including from its new product range.

The London-listed company said the outlook for 2022 is “very strong”, with recent commercial orders and the certification of its fuel cell systems and crackers for maritime installation making the value of alkaline fuel cell technologies across its various addressable markets “increasingly apparent”.

Why pay anyone to drive the price down when you can do it yourself by not delivering any revenue yourself despite years of promises of being on the glidepath to sales but never actually getting any ?

The 30kw system and the 200kw S+ and the methanol fuel tower are still showing as coming soon, not listed as available to buy now, are AFC not confident enough to take orders for them ? Why aren’t they taking orders ? If I placed an order for 10 x 200kw systems by the time all the materials were procured and delivered the first system would have got CE approval.

While AFC are busy helping companies greenwashing they’ve also done a great job brainwashing you too. You still can’t see that genuine investors that have been here over 10 years are starting to get a teeny weeny bit peed off that there is STILL zero commercial traction. Anyway, AFC have less than 5 months to deliver the first £2.7m of power towers to Speedy, that’s a hell of a lot of towers, the 3 or 4 you see in the warehouse isn’t going to cut it. Where are they being built ? There is no mass manufacturing agreement and even if they did there wouldn’t be time to make them all.

SOON for AFC shareholders is within the next 12 months.

Git, you’re a factor of 10 out, it was 8000hrs of power tower rental, that is likely to be the only actual commercial revenue for all of last year.

In other news, it seems Speedy got what they wanted out of the partnership without even hiring a unit out !

We are delighted to announce that Speedy has achieved a CDP A- score for carbon reduction, an improvement from our score last year, which was a B. This demonstrates our commitment, transparency, and performance on climate change. 🥳🌍

Commitment to meaningful and measurable environmental action is more critical than ever, which is why Speedy disclosed through CDP in 2023. Along with 23,000+ companies, we are harnessing the power of our data through transparency and accountability to set a course to a sustainable future. 🟢

Amazing day at AFC Energy with the team from Balfour Beatty plc today diving into hydrogen and battery storage power solutions. All part of our joint venture, Speedy Hydrogen Solutions.

Today we saw incredible technology that is paving the way for a greener future in construction and many other applications.

Daniel, Alan, Mark, Adam, Tom, Naomi, Amy, Tom, Dr. David B. Harvey

#speedydoesit #hydrogen #AFCEnergy #speedyhydrogensolutions

Great to have the Balfour Beatty plc and Speedy Services teams on site today to witness first hand our new 30kW H Power Generators working in advance of field deployments.

Another way #hydrogen is being used to support the decarbonisation of industry.

Thanks Jack Evans for your message.

AFC Energy #hpower

Garonne I think it’s wait and see time now as for the first time we have 3rd party confirmation from 2 different partners, if Bond failed to deliver now he’d have to go and hide in a cave in embarrassment

Now on Tamgo website 😀

Hydrogen Energy

AFC Energy is a team of energy-tech pioneers on a mission to replace fossil fuel generation with hydrogen fuel cells. For over a decade AFC Energy has been using their engineering knowhow, technology patents and shared vision to develop clean energy technology.

Hydrogen is the simplest, cleanest and most abundant element in the universe. Fuel cells generate electricity through an electro-chemical process that combines hydrogen and oxygen to produce pure water as a by-product.​

A fuel cell converts the energy stored in hydrogen into useable power. The fuel cell uses three main components: two electrodes called an anode and a cathode, and an ion conducting electrolyte. Ions are atoms with negative or positive charge.

REQUEST INFO

BMW aims to deliver hydrogen cars as soon as 2025. As BMW CEO Oliver Zipse announced, hydrogen engines will play an essential role in many regions of the world in the long run.

So what do you think contractors would rather have on the construction site, a fuel cell or a generator identical to the diesel ones they already use but powered by hydrogen ?

AFC have a year then it could be game over for the construction market at least.

And Japan are burning it in a boiler. Non story, nothing to do with AFC. Do you have to spam this bb with any story that contains ‘Japan’ and ‘ammonia’ ?

‘Rather than using onboard diesel generators to provide electricity when at the quayside.’

Exactly the kind of market suited to AFC.

There’s literally hundreds of competitors now hicon while AFC still can’t sell one tiny power tower other competitors are steaming ahead.

October 2018 ! Preparing for commercial roll out !

AFC Energy has now successfully concluded the majority of engineering design to bring to market its first commercial fuel cell system. The system will have a low cost per kWh compared to alternative generating systems, partially as a result of its ability to use lower quality and less expensive hydrogen sources.

In building its Go-to-Market strategy, AFC Energy has been working with a leading clean-tech specialist consultancy to leverage existing commercial activities and establish alternative distribution channels to accelerate future growth. Strong emphasis is being placed by the Company on preparation for commercial deployment and the strengthening of its supply chain in response to the Southern Oil order in Australia and growing interest for fuel cell systems from potential customers in Japan (and other interest from the APAC region).

Construcivenews, we’re only just out of the R&D phase ?

So why 6 YEARS AGO did John Rennocks state ‘we are commercial’ ?

John Rennocks, chairman of AFC Energy, said: "The timing of the move into production could not be better; the world is crying out for stable, reliable, affordable and clean energy. Whether it is an office complex that fears a utility outage, a construction site, a datacentre or a remote village that has never experienced reliable electrical power; all share the same fundamental need for clean, reliable and affordable energy."

Many years ago (you weren’t around then so you wouldn’t know) Bond said he was going to take the SP from 7p to £7, he actually took it down to 3p at one point !

Are you sure Constructivenews ? The SP now, 18 years after flotation is less than the flotation price, so please explain exactly what isn’t working ? Maybe it’s AFC and the management that aren’t working ?

No mention of the methanol fuel tower…