Higher diesel prices drive interest in fuel-cell generators – AFC

Company books first commercial order for its S Series system and aims for revenue growth in 2022

UK-based AFC Energy says rising diesel prices are helping to drive increased interest in its hydrogen fuel-cell power generators and is targeting higher revenues in 2022. Lower production costs and the removal of UK diesel subsidies are also supporting higher levels of customer enquiries, the company says in its H1 results. “The macro environment of high global energy prices and drive for enhanced energy security and independence continues to create a compelling environment for accelerated growth of the global hydrogen market, and we remain focused on delivering tangible deployment expectations for the full year,” says AFC’s CEO Adam Bond. AFC, which is listed on London’s AIM stock market, s