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AFC Energy chief “very confident” of technology potential

AFC Energy (LON:AFC) chief executive Adam Bond said news flow from the last week “has proven that the technology is capable of delivering a nameplate capacity per cartridge of over 10kW.”

He spoke to Proactive after the company confirmed the generation of more than 200kW of electricity from its KORE fuel cell power plant in Stade, Germany.

Bond said he is “very confident” that the firm will be able to generate around a gigawatt of energy over the next few years, adding that the market for the technology is “absolutely” and “unequivocally” there.

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