Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
To be fair, ABB and AFC have been on quite a journey integrating AFC's tech into ABB's portfolio of offerings. It's been steady and solid progress and ABB are invested financially in AFC as well.
With the medium- to long-term prospects AFC Energy have, just with ABB Group alone (OEM sales into e-Mobility, Shipping and Data Centers) I think it's hard to argue that this is not a very good price to be getting on-board as a new LT investor Pandy.
Not sure if this one has already been shared....
https://www.newcivilengineer.com/opinion/the-uk-construction-industry-must-do-more-to-help-with-the-climate-crisis-05-05-2022/?tkn=1
Interesting quote that 'According to a recent survey undertaken by Bramble Energy, less than half of construction firms believe they have a clear and achievable sustainability agenda in place for 2050 which just shows how far we are from a completely decarbonised sector.'
Unbelievable really , considering how long this has been on the agenda now. About time we saw some action!
Could this be the Keltbray site for the AFC Energy deployment?
https://www.linkedin.com/feed/update/activity:6924438136529829888
'Energy efficiency and reducing the #carbonfootprint are cornerstones of the scheme.'
Excited about finding out!
Thanks for these shares. I stumbled upon this insight from Kiro Tamer, Keltbray's Head of Environmental Sustainability recently:
'Tamer is sceptical about biodiesel, with some justification as Keltbray has carried out a trial in association with Imperial College to explore the claimed benefits. This was used in old and new machines.
Tamer says: “We found there was a 30% reduction in emissions and a 10%-15% increase in efficiency with the old machines, but with new machines we found there was no benefit whatsoever.”
I've seen claims that biodiesel is a suitable alternative to diesel on the road to net-zero a number of times, but it seems after trials it's not going to deliver.
Totally agree that Flex Fuel is central to the AFC Energy value proposition.
AFC's fuel cells, when using ammonia as the fuel, have a total cost of ownership of approx 1/4 that of the PEM based fuel cells using pure hydrogen gas as the fuel, according to the Peel Hunt video recently shared.
That's one of the reasons AB has been able to secure some amazing global partners IMHO.
For anyone interested, UAP have release a new sales brochure (link below).
Their mission statement starts 'To remove the largest single constraint to sustainable advanced air mobility – infrastructure.' Plus in the brochure, even the 'City Box' solution identifies renewable and off-grid as the setup.
I'm not saying every UAP deployment will definitely include AFC tech, but it certainly seems possible based on UAP's mission and their literature. With plans for 65 announced last year and then even more funding announced since, if AFC continue to provide the fuel cells, it could be a really lucrative partnership for us.
https://static1.squarespace.com/static/5f5e4d72d2b0854b18ad41cf/t/6272a040cc4e46574b3203bc/1651679302180/UAP+Product+Brochure+2022.pdf
Totally agree Staggers. It's also why small orders, or distributor partnerships via small start ups, are highly unlikely.
It's clear that the OEM approach via global partners with extensive existing customer bases will be our market.
When you also consider the terms of the contractual agreement with ABB, along with Shell's global coverage, it seems highly probable to me that this will be huge for AFC:
'Under the agreements, AFC Energy is afforded a Right of First Refusal across multiple years, to supply H-PowerTM fuel cell systems into ABB's high power EV charging network of international customers where customer or site power demands are absent or require further resilience.'
Yes, great observation duke, certainly seems very promising from an AFC perspective.
I'm pleased to be able to share an interesting finding. There are so many posters on here more knoweledgeable than I who are happy to share their insight, for which I am grateful.
Hi Kelham, the Altaaqa opportunity has been released via RNS: AFC Energy and Altaaqa are committing to establish a strategic partnership with the aim of Altaaqa being appointed AFC Energy's exclusive fuel cell system distributor in the region.
I wouldn't try and make sense of anything Ade says!
Yes I've been thinking the same jgbb. Whilst I agree that your calculation is based on the little background insight available to us, I do agree that there is a high probability of multiple sales quickly, especially due to the global coverage that Shell has and the sheer volume of forecourts in seemingly grid-constrained parts of the world.