AFC has been busy. In June, the Group raised £15.8m to scale-up manufacturing to fulfil current and anticipated orders for its market leading 30kW hydrogen-fuelled power unit. The medium-term aim is to displace diesel generators used for temporary power: probably a $20bn market globally. The immediate route to market is via the Speedy Hydrogen Solutions JV (SHS) with leading equipment hire company Speedy Hire (SDY LN). AFC is also accelerating the implementation of a flexible manufacturing plan, ....

25 Jul 2024
AFC Energy (AFC LN) - Ready for the ramp-up

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AFC Energy (AFC LN) - Ready for the ramp-up
AFC Energy plc (AFC:LON) | 8.8 0 (-1.8%) | Mkt Cap: 75.7m
- Published:
25 Jul 2024 -
Author:
Robin Byde -
Pages:
21 -
AFC has been busy. In June, the Group raised £15.8m to scale-up manufacturing to fulfil current and anticipated orders for its market leading 30kW hydrogen-fuelled power unit. The medium-term aim is to displace diesel generators used for temporary power: probably a $20bn market globally. The immediate route to market is via the Speedy Hydrogen Solutions JV (SHS) with leading equipment hire company Speedy Hire (SDY LN). AFC is also accelerating the implementation of a flexible manufacturing plan, ....