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AFC Energy plc (AFC)     

mentor - 02 Oct 2015 10:58 - 1071 of 1468

Just top up @ 37.45p

mentor - 02 Oct 2015 11:48 - 1072 of 1468

found out this, on the AFC sector

Intelligent Energy hails 'transformational' £1.2bn India fuel cell deal
UK company to provide power to 26,500 mobile masts in India through Essential Energy subsidiary
By Will Nichols | 02 Oct 2015

Intelligent Energy's £1.2bn deal this week to power thousands of phone masts in India will prove "transformational" for the company and the fuel cell industry as a whole, according to chief executive Henri Winand.
The UK-based company has entered into a long term contract to supply power to more than 27,400 phone masts, marking a major step up from the two smaller deals it signed with Microqual and Ascend Telecom Infrastructure (ATL) last year.

The deal will see Intelligent Energy switch out expensive and polluting diesel engines that are required to power the masts in the absence of reliable grid electricity with clean running fuel cells, selling the power through its wholly owned subsidiary Essential Energy.

Supporting phone masts is particularly important in emerging economies, where large amounts of financial transactions are conducted through smart phones and losing signal when the power goes can mean losing business.
Winand expects the deal will "prime the pump" for licensing the technology, which he insists can drive emissions and cost savings when deployed at volume. Ultimately, it could provide a solution for a large proportion of India's more than 425,000 mobile phone masts.

"The further you get away from the grid, the more the cost of power goes up - that's where you can introduce new technologies," Winand says. "India has a huge gap between grid availability and reliability and what people really need. On average cell towers [in India] are without power for eight hours so you need diesels chugging along. That's a lot of energy off-grid where the customer today pays 10 times more than grid price."

Intelligent Energy has been playing the long-game in India, first deploying fuel cells in the country 2011 before picking up the deals with Microqual and ATL. The company now has around 400MW under contract, when in January last year it had nothing.

There have been mishaps along the way, of course - window-sized filters from the fuel cells were whisked away to act as mosquito guards in windows, while the local wildlife has also proved a challenge. "We learned to put bollards around the cabinets after we had an incident where a camel-drawn carriage reversed at great speed into one of our fuel cells," Winand says. "Amazingly enough, the fuel cell was at an angle but still working."

The company has also looked at other opportunities to embed itself in communities, teaming up with Welsh company Hydro Industries to power water purification technology using excess electricity generated by its cell mast fuel cells. Around 720 million of India's 1.25 billion population lack access to clean drinking water, according to some estimates, while UNICEF says around 100,000 people die of water-related illnesses each year, with waterborne diseases costing the Indian economy $600m in lost production and medical treatment.

Providing reliable power to support businesses dependent on mobile phones alongside clean water has had a "phenomenal" reception in India, Winand says.
Targeting such a huge market has also allowed for economies of scale that helped it reduce the cost of its fuel cells. The same scalable technology has been turned into a charging solution personal and supplied to vehicle manufacturers.

Winand sees both applications as an extension of the increasing distribution of energy - all of us want to take our phones and vehicles with us without being tied to a grid connection. Convenience is key, he argues, we could all drink from a tap but still shell out more than petrol for bottled water.
Intelligent Energy's Upp charger, originally targeted at the African market but launched in the UK last year, is squarely aimed at the convenience market. It provides a week of power for any USB device through reusable cartridges. A slightly smaller Upp 2 is in the pipeline and Winand has his sights on bypassing the needs for cords altogether and putting fuel cells inside phones and laptops - potentially as soon as the end of next year. The company has also purchased a disposable, but fully recyclable, fuel cartridge from the maker of Bic biros.

In 2010, Intelligent Energy and Suzuki debuted a fuel-cell powered scooter. Two of these were picked up in the last 12 months, during which the company's revenue rose from £3.5m to £27.4m and it completed a £55m IPO. This year, Toyota will bring its Mirai fuel-cell powered sedan to UK shores, while Hyundai's ix35 fuel cell is already available. But without supporting infrastructure, can these cars make any impact on the market?

"In eight years, we had contracts with two car manufacturers, then in 10 months an extra two," Winand says. "What is that telling you?"
With car manufacturers on board, mobile applications in the pipeline and a "transformational" contract to provide stationary power across the subcontinent, Intelligent Energy is demonstrating that hydrogen power is finally here to stay.

cynic - 02 Oct 2015 12:21 - 1073 of 1468

i assume no direct link with AFC other than further application of the technology

mentor - 02 Oct 2015 16:25 - 1074 of 1468

Some very large trades and volume up to 1.8M, but share price spikes and down again
order book DEPTH of 12 v 9, spread 38 v 40p last "AT" was 38p

mentor - 02 Oct 2015 17:01 - 1075 of 1468

Close at middle price 39p no UT

mentor - 04 Oct 2015 23:24 - 1076 of 1468

UAE says to invest $35 bln in clean energy by 2021
AFP – 5 hours ago

The gas-rich United Arab Emirates will invest $35 billion in clean energy by 2021 as it seeks to reduce its dependence on fossil fuels following crude's global price slide, it said Sunday.

"By 2021, our investments in nuclear and solar projects will reach $35 billion (31 billion euros)," Energy Minister Suhail al-Mazrouei said at an energy conference in Abu Dhabi.
He said that the UAE's four nuclear reactors currently under construction will, once operational, "provide 24-25 percent of electricity consumption in the country".

An international consortium led by Korea Electric Power Corp (KSE: 015760.KS - news) won a contract in 2009 worth more than $20 billion to build the four 1,400-megawatt reactors at Baraka, west of Abu Dhabi.

"Our aim is to increase the share of renewable energy to 30 percent between now and 2020/2030, and to reduce that of natural gas to 70 percent," Mazrouei said.
Speaking on the sidelines of Sunday's conference, he told AFP that "this diversification also seeks to ensure price security and stability" for consumers.............
yahoo.com/news/uae-says-invest-35-bln

Chart.aspx?Provider=EODIntra&Code=AFC&Si
support on the 200 days MA

mentor - 05 Oct 2015 08:38 - 1077 of 1468

43.75p +4.75p

Gap at the start and now paying up to 45.75p, with good volume already after the news.............

AFC's KORE Fuel Cell System Achieves First Delivery of Power
into the German Grid

Highlights
· Successfully delivered first power into the grid from AFC fuel cell facility in Stade, Germany

· AFC remains on target to achieve first full commercial scale operability of KORE module (final Milestone 11) in late 2015

AFC Energy plc (AFC.L), the industrial fuel cell power company, is pleased to announce that it has successfully delivered its first power into the German power grid, as part of the planned trials of the power electronics connected to its first commercial scale KORE fuel cell system.

This achievement is the final test stage of proving and providing electricity to the German grid from the KORE system and confirms that AFC remains on target to deliver the world's largest alkaline fuel cell system operating at an industrial facility later this year.

In the final stages of the power electronics tests, completed in collaboration with Siemens AG, power was delivered into the local grid at between 5.9 - 7.4kW, for a period of approximately one hour. This has generated test data which is required in preparation for the operation of at least 40kW from 8 cartridges, comprising milestone 10 of the 11 point plan, scheduled for 2015.

Mr Adam Bond, AFC's Chief Executive Officer, said: "With the KORE system successfully commissioned in July and the 8 cartridges required for the delivery of Milestone 10 now having arrived in Stade, the trialling of the power electronics and connection to the power grid was one of the final stages of testing required before we deliver an initial 40kW from 8 cartridges within the KORE system. We look forward to providing further updates when Milestone 10 is achieved."

mentor - 05 Oct 2015 12:47 - 1078 of 1468

Why Now Is The Perfect Time To Buy AFC Energy plc,
By Peter Stephens - Monday, 5 October, 2015

Shares in alkaline fuel cell developer AFC Energy (LSE: AFC) are up by as much as 13% today after the company announced that it has successfully delivered the first power to the grid from its fuel cell facility in Germany.
This is a very positive piece of news flow for the company as it is the final test stage of proving and providing electricity to the German Grid from its KORE system. It also confirms that AFC is on-track with its 11 point plan, of which it is progressing with stage 10 at the present time.

The tests results showed that power was delivered to the local grid at between 5.9 and 7.4 kW for around an hour. The test data generated will help AFC to prepare for the operation of upwards of 40 kW from eight cartridges and, with them having been delivered to its plant in Germany, it expects to complete stage 10 of its 11 stage plan before the end of the calendar year.

Clearly, AFC is a relatively volatile stock, with its share price having fallen from 58p in July to just 33p in September. However, with a greater focus on cleaner power generation across the globe and AFC being a profitable business with a bright future, now seems to be the perfect time to buy a slice of it for the long term.

cynic - 05 Oct 2015 13:55 - 1079 of 1468

from one of my latest trade mags ......
AFC
when fully operational in late 2015, it (Stade, Germany) will be the world's largest alkaline fuel cell system operating at an industrial facility selling power into the national electricity grid



and perhaps not unconnected, also from Germany .....
Hyundai hydrogen fuel cell car travels record distance in 24 hours

i wonder if Hyundai make their own cells, or if not, with whom do they work?

mentor - 07 Oct 2015 15:07 - 1080 of 1468

easy come easy go with profits

sold yesterday my first lot at 43p+ put the money on TERN
and today the other one 40.50+ the money has gone to CPX

greekman - 12 Oct 2015 07:50 - 1081 of 1468

When I read a RNS I naturally pick out a few or at least a single point to comment on either good or bad.

With this RNS I can't see any point in singling out anything simply because every aspect mention is in the good category and I can't see any negatives at all.

Yes we all want jam tomorrow, but AFC instead of week promises that many AIM companies roll out give us sensible and obtainable targets that will I am sure produce the results we all feel are achievable.

Well done to Mr Bond and his team, (The world is not enough).

HARRYCAT - 12 Oct 2015 09:33 - 1082 of 1468

StockMarketWire.com
AFC Energy has successfully achieved the penultimate Milestone 10 in its 2015 POWER-UP programme.

It achieved Milestone 10 by commencing temporary operation of an entire tier of eight fuel cell cartridges on the KORE system where it achieved a maximum output from the tier of just over 40kWe.

The eight fuel cell cartridges used in this Milestone 10 trial will also be used to test the second and third tiers of the system in the coming weeks. This will require that they are cycled (switched on and off) many times. In order to preserve their effective operational longevity for the further testing, they were therefore not run to full capacity in this latest test, nor for an extended time period.

Each tier (there are three in total) within the KORE fuel cell system is capable of operating independently of the other so the successful operation of a single tier of eight cartridges is a significant further de-risking of the system and in particular the Balance of Plant.

The eight cartridges will soon be installed into each of the remaining two tiers to test the operational capability of the rest of the system before the final milestone of 240kWe is trialled in December 2015. At this stage, AFC is confident that the learnings gained from this trial, both in terms of the fuel cell cartridges and the Balance of Plant, together with the infrastructure to connect the system to the grid, will greatly support the delivery of Milestone 11 in December 2015.

cynic - 12 Oct 2015 14:40 - 1083 of 1468

hydrogen fuel cells are slowly gaining traction

from a trade paper ......
The US Maritime Administration has announced field trials for "the first prototype hydrogen fuel cell to power onboard refrigerated containers"

mentor - 13 Oct 2015 16:46 - 1084 of 1468

has drop a lot today but Indicators still negative ......... late news of Options granting

AFC Energy Grants Options Over 480,000 Shares (ALLISS) - Tue, 13th Oct 2015 16:34
LONDON (Alliance News) - AFC Energy Tuesday said it has granted options over 480,000 shares at 39.25 pence each.
The industrial fuel cell power company said options over 450,000 shares were granted to a consultant which provides commercial advisory and business development services in the Middle East.
The remaining options over 30,000 shares were granted to an employee under its share option scheme.
Shares in AFC Energy closed down 5.1% at 37.25p on Tuesday.


big.chart?nosettings=1&symb=UK%3aafc&uf=Chart.aspx?Provider=Intra&Code=AFC&Size=

HARRYCAT - 14 Oct 2015 08:48 - 1085 of 1468

9% spread......That's not very friendly!

HARRYCAT - 16 Oct 2015 09:28 - 1086 of 1468

For those that are interested in the technical details, this links explains the complexities of developing the fuel cells:

http://www.innomech.co.uk/automating-commercial-fuel-cell-manufacture-for-afc-energy.html

cynic - 16 Oct 2015 09:38 - 1087 of 1468

harry - if you want to buy, you just place an order with a limit ..... no need at all to be obliged to pay the apparent stread

HARRYCAT - 16 Oct 2015 09:59 - 1088 of 1468

Thanks Mr C, but it was more a comment on the spread discouraging investors from trading the stock. I like to hold some and trade some in stocks like these, just in case it all goes horribly wrong!

cynic - 16 Oct 2015 10:06 - 1089 of 1468

i don't think AFC is ever heavily traded, or if so, but rarely
thus with all such stocks, trading is tricky and potentially dangerous if you have time constraints

mentor - 02 Nov 2015 16:29 - 1090 of 1468

Looks ready to go better again @ 35p
volume, paying higher prices and Indicators up from oversold. A double bottom with the same intraday lows during mid- September

Intralink case study -- http://www.intralinkgroup.com/sectors/energy-environment/
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