|
AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Agrees to deploy Power Tower fuel cell generator system to support the decarbonisation of a London-based construction site. The firm says the Power Tower will be leased to the Mace Dragados JV during the second half of 2022. ‘This agreement is the basis for a longer-term collaboration to support Mace Dragados' sustainability aspirations through adoption of zero emission energy where grid supply is constrained,’ AFC notes.
AFC Energy Chief Executive Officer says: ‘Our new Power Towers represent a significant step forward in hydrogen fuel cell technology. We are now working with a number of UK and European construction companies and are accelerating progress towards establishing a critical mass of large-scale deployment across these regions to enable the construction sector and other temporary power operators to transition away from highly pollutant diesel generators.’
Current stock price: 22.23 pence, up 3.2%
12-month change: down 64%
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
