9th Mar 2015 09:17
LONDON (Alliance News) - AFC Energy PLC Monday said the initial trial results for its 101 fuel cell stack cartridge have been in line with expectations.
AFC said its first 101 fuel cell stack was successfully trialled in the UK before being shipped and installed in Germany. The stack has operated in Germany since March 3.
AFC said the initial gas flow, thermal management and consistency of individual fuel cell performance across the 101 fuel cells have been in line with expectations.
"The rate of progress made by AFC's technical team over the past three months in progressing beyond the 25 cell stack, through the 51 cell stack and up to a full complement of 101 fuel cells is unprecedented in AFC's history," said AFC Chief Executive Officer Adam Bond.
"The milestone in our technology development places AFC in a strong position to now generate robust technical data that will support our aggressive commercialisation strategy," Bond added.
Shares in AFC were up 1.7% to 8.75 pence on Monday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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