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AFC Energy ( (GB:AFC) ) has issued an announcement.
AFC Energy has announced the appointment of John Wilson as the new Chief Executive Officer and Executive Director, effective January 6, 2025. This leadership change is expected to guide the company through its ongoing initiatives in hydrogen and ammonia technologies, which are pivotal in advancing global decarbonization efforts across multiple industries.
More about AFC Energy
AFC Energy plc is a leader in hydrogen-based power and ammonia cracking solutions, providing clean energy for both on-grid and off-grid applications. The company’s hydrogen fuel cell technology serves as a sustainable alternative to diesel power generation, supporting various sectors such as electric vehicle charging, construction, and temporary power needs. AFC Energy is also exploring opportunities in maritime, data centers, and rail to meet increasing electrification and decarbonization demands. Its subsidiary, Hyamtec, focuses on ammonia cracking technology for distributed hydrogen production, targeting industries like mining, cement, and power generation.
YTD Price Performance: -5.46%
Average Trading Volume: 3,581,012
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £85.78M
See more insights into AFC stock on TipRanks’ Stock Analysis page.
