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A look at the day's major movers, including Workspace, Urban Exposure, Non-Standard Finance, Bilby, AFC Energy and Lekoil
Company
LON:AFC
AFC Energy plc is a leading innovator in hydrogen-based power and ammonia cracking solutions, delivering clean energy for on-grid and off-grid applications. The company's hydrogen fuel cell technology provides a sustainable alternative to diesel power generation, supporting electric vehicle charging, decentralised power systems for construction, and temporary power needs.
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A look at the day's major movers, including Workspace, Urban Exposure, Non-Standard Finance, Bilby, AFC Energy and Lekoil
AFC Energy is working on four products using the alkaline method, including fuel cells, hydrogen power systems and an anionic exchange membrane programme that can be employed in several industrial processes
Testing by Industrie De Nora, an Italian electrode and electrolyser developer, said AlkaMem "exceeded internal expectations" for alkaline water electrolysis, a process which produces hydrogen
The firm said one advantage of HydroX-Cell(S) is that it is capable of accepting low grade, low cost hydrogen to generate power, unlike PEM, which requires higher, more expensive grades
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A glance at some of the day's highlights from the Proactive Investors newswire
The new product lines include H-Power, a group of hydrogen power systems including an off-grid electric vehicle charger to be released next month
AFC has also signed an agreement with an international manufacturing group to assess an ammonia-to-power off-grid platform
AFC and partner Multi Source Power will showcase CH2ARGE which is due for launch later this year.
“Gerry brings an extremely high caliber of commercial and technological acumen to the business and reflects the state of our company that we can attract such talent," AFC Energy chairman John Rennocks said.
“AFC Energy and its shareholders have benefited greatly from our relationship with De Nora who have evidenced why they are market leaders in the electro-chemistry industry," said Adam Bond.
The fuel cell developer's Italian De Nora has begun scaling up its manufacturing facility in advance of anticipated large-scale electrode orders
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A glance at some of the day's highlights from the Proactive Investors newswire
“The productisation of AFC Energy's fuel cell system is now well underway,” said Adam Bond.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at the day's major movers, including 88 Energy, Two Shields, Inland Homes, Avingtrans, Creightons, RM2 and RPS Group
Hardware & electrical equipment
AFC has moved closer to ordering flow plates for system deployment. The latest generation flow plate will form a key performance enhancing component of AFC's product range
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Bitcoin is up more than 10% but the shine has come off gold a bit
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A glance at some of the day's highlights from the Proactive Investors newswire
“Since announcing our first prototype EV charging unit, we have continued to see growing interest in the compelling story of zero emission, off grid EV charging where we are seeking a clear early mover advantage,” Adam Bond said.
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A glance at some of the day's highlights from the Proactive Investors newswire