AFC Energy fully fires green fuel cell plant in Germany
1st Feb 2016 11:58
(ShareCast News) - AFC Energy was celebrating a week of success for its green fuel cell technology on Monday, having fully fired up its KORE cell-based power plant in Germany. The AIM-traded industrual fuel cell company said it had successfully delivered gross electrical output in excess of 200kW at
Read moreAFC Energy directors take part in share offer
21st Dec 2015 16:00
(ShareCast News) - Two of AFC Energy's directors have subscribed in the industrial fuel cell power company's latest share offer. The AIM-listed company raised £2.47m last week after it issued over 12.3m new ordinary shares which were subscribed to by existing and other investors. The company said i
Read moreAFC Energy shares up on Stadtwerke Stade deal
27th Jul 2015 11:27
(ShareCast News) - Shares in AFC Energy rose in morning trading after the company said it signed a power purchase agreement with German power supplier Stadtwerke Stade. At 1039 BST shares were up 1.63% to 55.51p. Under the agreement AFC will sell electricity generated at its Stade facility in Germa
Read moreAFC Energy jumps on Bangkok Industial agreement
14th Apr 2015 10:33
Shares in AFC Energy jumped over 10% on Tuesday, as alkaline fuel-cell systems developer signed a heads of agreement with Bangkok Industrial Gas Co to start a programme of commercial fuel-cell deployment. The London-listed company said it 10 megawatt of installed AFC fuel cell capacity will be devel
Read moreAFC Energy jumps on German plant approval
26th Mar 2015 09:43
AFC Energy jumped over 16% on Thursday after the fuel cell group was given approval for the next stage of its plans to build an industrial alkaline fuel cell facility at its plant at Stade in Germany. The London-listed company said it expected the plant, which will be the world's largest alkaline fu
Read moreAFC Energy signs preliminary to develop South Korean fuel-cell park
10th Mar 2015 16:54
Industrial fuel cell power company AFC Energy has inked an agreement with two South Korean firms to deploy an initial 50MW of generation capacity at Daesan, South Korea. The new joint-venture (JV), in collaboration with Samyoung Corporation and Changshin Chemical Co., is expected to generate revenue
Read moreAFC Energy appoints new chief to lead hydrogen power drive
1st Dec 2014 07:43
Power generation group AFC Energy has appointed a new chief executive to help it spearhead its expansion in the hydrogen power industry. AFC said Adam Bond would lead the company's move from being a fuel cell research and development company, to a commercial business seeking to capitalise on "the im
Read moreSunday newspaper round-up: Balfour Beatty, Canary Wharf, Vodafone
30th Nov 2014 15:25
Balfour Beatty could be broken up as John Laing Infrastructure Fund considers a billion-pound bid for the company's investment arm, the Sunday Times reported. John Laing is interested in bidding for Balfour's 60 private finance initiative (PFI) contracts. It would leave Balfour with a business worth
Read moreDotdigital directors sell shares to meet investor demand
3rd Nov 2014 16:30
Bosses of Dotdigital, including its chief executive, have reduced their holdings in the company to meet investor demand, the online marketing software supplier said on Monday. CEO Peter Simmonds, chief technical officer Simon Bird and chief operating officer Tink Taylor each dumped one million share
Read moreAFC receives first order for Beta+ fuel cell system from Powerhouse
4th Apr 2014 08:20
AFC Energy, an industrial fuel cell power company, has received the first order for its Beta+ fuel cell test system from fellow AIM-listed PowerHouse Energy Group (PHE), which is expected to be delivered in late 2014. PHE will pay £0.15m for a system consisting of two fuel cell cartridges, which AF
Read moreArsenal Holdings reports rise in half-year turnover
14th Feb 2014 15:02
Arsenal Holdings reported a 28 per cent rise in half-year football turnover to 135.9m, driven by growth in broadcast income. Broadcasting income came to £52m in the six months through November 2013, up from £10.1m a year earlier, mainly as a result of the Premier League's new contracts with Sky and
Read moreAFC Energy non-exec buys shares from major investor
29th Apr 2013 15:37
AFC Energy has announced that one of its Non-Executive Directors has purchased 9.51m ordinary shares in the company at 26p each. Eugene Shvidler bought the shares, worth a total of £2.47m, from Ervington Investments, which reduced its stake in the group to 24.1m, equivalent to 10.88% of AFC's issu
Read moreAFC Energy jumps as it extends electrode lifespan to nine months
29th Apr 2013 10:07
AFC Energy, the AIM-listed industrial fuel cell power company, has extended the longevity of its electrodes to more than nine months of continuous operation. The development, which was reached at the company's laboratory in Dunsfold, Surrey, last week, brings the company's fuel cell power generati
Read moreAFC Energy opens first office in South Korea
27th Feb 2013 11:12
Fuel cell power company AFC Energy has opened its first office in South Korea in partnership with Intralink, a provider of business development services. Intralink, which delivers services to US and European companies targeting Asian countries including Korea, will offer its extensive knowledge of
Read moreAFC Energy ships fuel cell system to Industrial Chemicals
25th Feb 2013 10:12
Clean power company AFC Energy has delivered its first fuel cell electricity generating system to Industrial Chemicals Limited (ICL), a UK commodity chemicals producer. AFC is installing the world's largest alkaline fuel cell energy generation system at ICL's plant in Essex, UK. The shipment for t
Read more