Rising diesel prices may drive increased interest into hydrogen fuel-cell power generators
Higher diesel prices drive interest in fuel-cell generators – AFC
Company books first commercial order for its S Series system and aims for revenue growth in 2022
UK-based AFC Energy says rising diesel prices are helping to drive increased interest in its hydrogen fuel-cell power generators and is targeting higher revenues in 2022. Lower production costs and the removal of UK diesel subsidies are also supporting higher levels of customer enquiries, the company says in its H1 results. “The macro environment of high global energy prices and drive for enhanced energy security and independence continues to create a compelling environment for accelerated growth of the global hydrogen market, and we remain focused on delivering tangible deployment expectations for the full year,” says AFC’s CEO Adam Bond. AFC, which is listed on London’s AIM stock market, s
Also in this section
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off
