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IN BRIEF: AFC Energy shares up on completion of fuel tower field-trial

7th Nov 2022 11:30

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.

AFC is now engaging with industry to validate the product concept, as part of its wider "Flex Fuel" strategy.

Chief Executive Officer Adam Bond says: "With this week's field trial of the methanol fuel tower with Acciona in Spain, we can see further opportunities for future deployment of systems across the construction and temporary power sectors of the economy."

Current stock price: 22.86 pence, up 3.9% on Monday

12-mont change: down 63%

By Holly Beveridge; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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