Benjamin Chiou Sharecast News
18 Jun, 2024 09:36 18 Jun, 2024 09:36

AFC Energy delivers first high-power generator

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AFC EnergySharecast graphic / Josh White

AFC Energy

17.60p

16:35 26/06/24
-2.22%
-0.40p

Shares in AFC Energy advanced on Tuesday after the hydrogen power-generation group announced the delivery of its highest rated zero emission power generator.

Electronic & Electrical Equipment

10,351.79

17:14 26/06/24
-0.07%
-7.49

FTSE AIM All-Share

765.92

16:50 26/06/24
n/a
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The company said it has successfully delivered its highest power rated 200kW H-Power Generator to date, using AFC's latest generation S+ Series liquid cooled fuel cell technology, "marking an important landmark for the company".

The generator, developed in partnership with ABB e-Mobility, marks AFC's entry into the high-power class of generators, building on its presence in the light to medium-power (<50kW) generator space.

"This is a significant milestone for AFC Energy reflecting two years of accelerated technology development and engineering works culminating in this successful first operation," said AFC's chief executive Adam Bond.

"AFC Energy now is uniquely placed to offer its customers and partners the full range of power solutions from 10kW through to 500kW across its H-Power platforms giving maximum choice when sizing generators for specific power needs."

The stock was up 3.1% at 17.2p by 0933 BST.

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