Alkaline Fuel Cell Power Corp. (NEO:PWWR.AQN) has provided shareholders with the milestones and objectives to commercialize its micro-combined heat and power (Micro-CH) system being built within a 4kW system prototype.
The company said the system also features a lower cost with higher energy density and is adaptable for deployment across new applications.
Alkaline Fuel Cell Power said its new system is expected to be delivered in a compact, containerized format that will allow for ease of scalability to accommodate higher output capacities and represents a cleaner alternative energy source for domestic and commercial buildings across Europe.
READ: Alkaline Fuel Cell Power to crack residential and small to medium size power markets in Europe
With hydrogen serving as the power source, the company noted that the new system offers benefits to decarbonise industrial processes, reduce greenhouse gas emissions, and offer a cleaner energy solution.
Hydrogen has the potential to serve as feedstock, fuel or energy, offering numerous potential uses with zero carbon dioxide emissions. These factors also make hydrogen essential to support the EU’s commitment to reach carbon neutrality by 2050 while striving to achieve zero pollution.
Alkaline Fuel Cell Power provided the following milestone summary:
- Intends to apply for six patents in connection with its new, Micro-CHP alkaline fuel cell technology over the coming 12 months;
- Completion of the first electrode and stack production for the prototype system is expected by the end of March 2022;
- Completion of the first full 4kW system in a laboratory configuration is anticipated by the end of 2022;
- Receipt of Conform European (CE) accreditation (an EU product traceability system) along with the installation of the first of two 4kW prototype systems is forecast by the end of June 2023; and
- Achieving commercialization of the new system is targeted for the end of 2024.
While the company actively strives to advance commercial production of the new system and meet the milestones outlined above, it said work will steadily continue on ongoing design, development, assembly, and testing of lab-scale systems.
Following refinement of the overall system design based on results from lab-scale testing, the company said it can move to development, assembly, and testing of field trial systems, which feature regular monitoring and support.
Alkaline Fuel Cell Power will then undertake regulatory testing and refinement of the system design and continue with the development of ancillary equipment such as system enclosure options, with the final phases including confirmation of shipping, installation, commissioning, and final support documentation in concert with commercialization.
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