TRADING UPDATES: NewRiver hails performance; AFC Energy gets grant
26th Jul 2023 14:18
(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 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
(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) - 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 Wednesday said one of its hydrogen fuel cells has been deployed at Euston station in London, in the latest of a series of field trials of the product on UK and European construction sites. Read More
AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Successfully completes field trial of first prototype methanol fuel tower with infrastructure firm Acciona SA in Spain. The tower successfully generated on-site hydrogen from methanol, powering the site compound at Alcala del Valle. Read More
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. Read More
AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Intends to hire Peter Dixon-Clarke as its new chief financial officer. Says will announce when his appointment will be effective in due course. Dixon-Clarke has been involved in equity fundraising, debt financing and refinancing and strategic roles and reorganising financial teams and systems, AFC Energy says. Read More
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. Read More
(Alliance News) - AFC Energy PLC on Wednesday reported its interim pretax loss widening as it announced the resignation of Chief Financial Officer Graeme Lewis in April 2023. Read More
(Alliance News) - AFC Energy PLC on Monday announced a partnership with Kier Group PLC, with an initial lease of AFC's new Power Tower hydrogen power generator units to a construction site in south west England for deployment. Read More
AFC Energy PLC - Cranleigh, England-based hydrogen power generation technologies provider - Launches new hydrogen-fuelled Power Tower EV, which integrates ABB Ltd's alternating current charging solution for the first time. Says it is a specifically designed variant of the Power Tower announced last month, which is a hydrogen power generator unit designed to displace fossil-fuelled generators. Power Tower EV will provide permanent or temporary installations for clean power, wherever grid-based EV charging infrastructure is not viable, says AFC. Says the tower builds on partnership with ABB across e-mobility applications. Read More
AFC Energy PLC - Cranleigh, England-based hydrogen power generation technologies provider - Launches Power Tower, a hydrogen power generator unit designed to displace fossil-fueled generators. Says it will be deployed to infrastructure and renewable energy firm Acciona SA and construction engineering company Keltbray Group Holdings Ltd for operation by "the middle of this year." The first Power Tower will be on display at its annual general meeting on April 7th before the release to customer sites. Read More