Having received the deposit, AFC Energy will now work with Southern Oil to confirm the final scale and cost of the power unit, with a view to completing the installation before the end of next June
() has received the non-refundable deposit from Southern Oil as part of the recent order of one of its hydrogen power units.
The AIM-quoted firm will now start working with Southern to confirm the final scale and cost of the unit, which is to be installed at the oil refiner’s advanced biomass facility in Queensland, Australia.
This work is expected to take around two months to complete and AFC is confident in having the system, expected to be between 200kW and 400kW in capacity, up-and-running by the end of the first half of 2019.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of AFC Energy PLC named herein, including the promotion by the Company of AFC Energy PLC in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HERE