(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - AFC Energy PLC on Monday celebrated the successful factory acceptance test of its 30 kilowatt generator. Read More
AFC Energy PLC - provider of hydrogen power generation technologies - Says it has been awarded funding under the UK Government's Clean Maritime Demonstration Competition, which is funded by the UK Department for Transport and delivered by Innovate UK. A consortium led by AFC has been awarded GBP676,500, in order to design and integrate its proprietary ammonia cracker reactor technology with marine purposed, ammonia fuelled internal combustion engines. Funding starts in the first quarter, with results from the proof-of-concept demonstration expected to be published twelve months later. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
AFC Energy PLC - Surrey, England-based provider of hydrogen-powered generator technology - Acquires "certain" UK mobile hydrogen storage and distribution assets from Octopus Hydrogen, part of Octopus Energy Ltd, for an undisclosed sum. Says these assets provide immediate logistics capability to supply hydrogen fuel to its growing network of H-Power Generators across the UK, and strengthen its leading position as the dominant UK hydrogen supplier "to support industry's transition to a sustainable off-grid power solution". Acquisition includes two NanoSun Pioneer mobile hydrogen refuelling stations and a hydrogen compressor for refilling. AFC says the assets will support Speedy Hydrogen Solutions, its recently announced joint venture with Speedy Hire. Adds that it does not intend to become a "capital intensive" provider but that early investment in well-priced assets will enable it to derive incremental revenue and support the maturing hydrogen generator market. Read More
(Alliance News) - Speedy Hire PLC and AFC Energy PLC on Wednesday announced the launch of joint-venture Speedy Hydrogen Solutions Ltd, dedicated to the hire of hydrogen powered generator plants. Read More
(Alliance News) - AFC Energy PLC on Monday said it achieved a new milestone as its ammonia cracking technology achieved 99.99% hydrogen from single reactor testing. Read More
(Alliance News) - AFC Energy PLC on Monday said it reached an exclusive distribution agreement with Saudi Arabian vendor Tamgo for its hydrogen-fuelled 'H-Power' generators. Read More
Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were mixed at midday on Friday, after a busy week of earnings comes to an end. Read More
(Alliance News) - AFC Energy PLC and Speedy Hire PLC on Friday announced the launch of a hydrogen powered generator plant hire business. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Says Jim Gibson intends to step down from his role as executive director from June 9, and as chief operating officer at the conclusion of his contractual notice period. Read More
AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Reports pretax loss of GBP19.5 million in the year to October 31, 2022, widened from GBP10.4 million a year prior. Says revenue from customer contracts totalled GBP582,000 down slightly from GBP592,000 a year before while basic loss per share in the period was 2.24 pence compared to 1.33p. Adds revenue and deferred revenue multiplies to GBP2.2 million from GBP600,000. Expects growing revenue from system rentals and hydrogen sales with an already contracted pipeline of deployments and growing pipeline of prospective H-Power Tower rentals. Highlights growing interest in new H-Power S Series Generator deployments from new and existing companies. Says near-term focus remains on construction sector, initially through system rentals before transitioning to sales to plant hire businesses. Read More
(Alliance News) - AFC Energy PLC on Wednesday said Acciona has ordered its first 50,000 volt-amps H-Power Generator for delivery in Spain in the second half of 2023. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - AFC Energy PLC on Thursday announced the launch of its new advanced ammonia cracker technology platform, a hydrogen generation solution that aims to "unlock the value" of ammonia as a hydrogen carrier fuel. Read More