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AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Says the first S series Power Tower has been successfully deployed in mid-August with partner Acciona SA in Spain. Says it has completed 300 hours of operation to date with an avoided 1.8m tonnes of CO2 from entering the atmosphere, compared to diesel.
Acciona is a Spanish infrastructure company.
Chief Executive Officer Adam Bond says: ‘Our focus on the decarbonisation of the global construction and temporary power markets is critical if we are to deliver on our sustainability targets and mitigate the long term effects of climate change. Working with partners such as Acciona, we continue to highlight the role hydrogen is playing in meeting our targets.’
Current stock price: 19.09 pence, down 0.4%
12-month change: down 62%
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