AFC Energy ( (GB:AFC) ) has provided an update.
AFC Energy has announced the launch of ‘Hy-5’ through its Hyamtec brand, a groundbreaking containerized, portable hydrogen production module capable of generating up to 500kg/day, available from 2026. This product, offered under a ‘fuel as a service’ model, aims to disrupt the market with a competitive price of £10/kg, significantly lower than current rates, and is compatible with AFC Energy’s hydrogen fuel cell generators. The launch addresses key industry challenges such as infrastructure limitations and high production costs, potentially enhancing AFC Energy’s market positioning and providing new opportunities across various sectors including off-grid power, refueling stations, and industrial applications.
More about AFC Energy
AFC Energy plc is a leading innovator 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 offers a sustainable alternative to diesel power generation, supporting electric vehicle charging and decentralized power systems. AFC Energy is also exploring opportunities in sectors like maritime, data centers, and rail to drive decarbonization.
YTD Price Performance: -36.91%
Average Trading Volume: 2,359,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £57.31M
For detailed information about AFC stock, go to TipRanks’ Stock Analysis page.