2022 will be THE Year!! 2022!!16 Dec 2021 12:56
"Signed commercial lease agreement with Urban-Air Port for the supply of fuel cell systems in 2022"
"AFC Energy today announces a new Hybrid Fuel Cell ("HFC") technology platform developed and confirmed within the "S" Series range, set for initial deployment in early 2022."
"New customer led product roadmap and roll out schedule from early 2022"
"We are highly motivated by what 2022 is to bring with a number of company firsts expected, as we continue to deliver on a technically and commercially viable transition initially away from the $20bn diesel generator market, underpinned by the collective aim of achieving a near term Net Zero future."
"Commercial agreements currently worth GBP4.5m (at the time of this statement, including post year end contracts) reflect an increase from last year. Throughout the course of 2022, we expect this to further increase as commercial interest in our technology continues to rise in off-grid power systems."
"Commercial agreements for 2022 are expected to take several forms, including outright fuel cell system sales or leases, funded customer product development programmes, and engineering fees."
"Work has also been continuing constructively with MACE with the two companies undertaking several work programmes since March, including engagement with regulatory bodies, multiple site measurement and assessments of power needs (considering variable power loads from cranes) in advance of system deployment in 2022."
"ACCIONA and Julich have been engaging with AFC Energy on our new product portfolio expected for release in 2022. Due to previously communicated delays on each site, an opportunity has arisen to review product deployment for each site with a particular interest in the new "S" Series systems which are expected for early deployment in 2022."
"The HFC platform therefore provides added fuel flexibility in the product platform AFC Energy will release and we expect to see first HFC systems deployed in the first half of 2022 to customer sites."
"The HFC will be deployable in Q1 2022 running off direct hydrogen"
"First deployments of the HFC system are expected to take place in the first half of 2022 to customer sites on lease terms."
"The S Series is set for validation at 100kW scale in the second half of 2022 as part of the ABB deployment announced a few weeks ago"
"2022 will see a number of new systems deployed to the market, many from the Company's new product range."
"With the introduction of the AEM and HFC "S" Series systems, AFC Energy is now confident that it affords maximum optionality to its customers in fuelling in a way that no other fuel cell technology can. We expect to leverage this "fuel flex" approach to all our commercial partners and customers and believe with this market offering, and the power density we expect to achieve from our "S" Series platforms, that 2022 will see many new opportunities emerge for the Company to capitalise on its leading position to