(NewsDirect)
AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEOAdam Bond tells Proactive's Stephen Gunnion the company hasreached a significant milestone with the factory acceptance test ofits 30kW H-power generator, marking a step forward in itscollaboration with Speedy Hire.
This achievement follows the deployment of its first generation10kW generators from 2020 to 2023, from which the company gainedvaluable insights and made improvements. The demand for a larger, 30kWgenerator led to the partnership with Speedy Hire, culminating in thedevelopment and successful operation of the new generator, which meetsall contractual requirements for performance and operation.
Bond said the milestone not only validatesthe technology but also initiates the sale of generators into theSpeedy Hydrogen Solutions joint venture, with the first generator soldand minimum orders contracted through to 2025 and 2026 to maintainexclusivity in the UK and Ireland.
The joint venture hasalready sparked significant interest, especially from tier onecontractors in the UK, driven by regulatory changes and major projectsthat prohibit the use of diesel generators. AFC Energy is respondingto this demand by exploring manufacturing scale-up options, includingcontract manufacturing in Germany. The company looks forward todeploying its generators at Speedy Hire's live exhibition, wherearound 500 contractors will view the technologies offered by SpeedyHire.
Contact Details
Proactive UK Ltd
+4420 7989 0813
Copyright (c) 2024 TheNewswire - All rights reserved.