RE: Rns30 Apr 2019 08:06
of responding to this challenge in a "first mover" environment where power is generated on-site in a fully sustainable manner. We intend this to be the commencement of a long-term relationship with AFC Energy and look forwards to further demonstrating the capability of the integrated system over the coming months."
Adam Bond, Chief Executive Officer at AFC Energy, said "The number of commercial enquiries received since announcing AFC Energy's EV fuel cell charger system, CH2ARGE, earlier this year has clearly demonstrated the potential for the Company to capitalise on this growing market. Our collaboration with Rolec is a recognition of the industry's desire to explore off grid EV charging solutions to meet a need already seen across several of Rolec's local and international clients. AFC Energy's EV charger is now one of our key markets for revenue generation and gives us an early mover advantage in penetrating the off-grid market."
For further information, please contact:
AFC Energy plc
Adam Bond (Chief Executive Officer)
+44 (0) 20 3697 1209
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker
David Foreman
Richard Salmond
+44 (0) 20 7894 7000
M C Peat & Co LLP - Joint Broker
Charlie Peat
+44 (0) 20 7104 2334
TUVA Partners - Public Relations
James Kennedy
+44 (0) 7809 495 759
About AFC Energy
AFC Energy plc is commercialising a scalable alkaline fuel cell system, to provide clean electricity for on and off grid applications. The technology, pioneered over the past ten years in the UK, is in the process of being deployed in industrial gas plants for grid generation, as an alternative to diesel generators for localised power, in energy storage systems and as the power source for local electricity needs.
About Rolec
Rolec is one of the world's leading specialists in outdoor electrical equipment, designing, manufacturing and installing an extensive range of products. Now 29 years old, Rolec's wide range of products is the most extensive of its kind and continues to grow via its distribution network of representatives in over 40 countries across the globe. Rolec consists of four unique divisions, each focusing on a particular sector: ROLEC EV - Europe's largest range of electric vehicle charging stations and equipment, ROLEC GLOBAL MARINA SERVICES - the world leaders in the design and installation of marina services, ROLEC POWER SOLUTIONS - permanent and temporary power solutions, and ROLEC LEISURE SERVICES - world-leading hook-up and electrical dis