AFC Energy
In this Zeus video, CEO of AFC Energy (AFC LN), Adam Bond, and Chief Engineer and Product Officer, Dr Mike Rendall, unveil a groundbreaking modular ammonia cracker system.
The cracker system will support viable and scaleable production of hydrogen in the UK. The system is designed to deliver 140 tonnes of fuel cell grade hydrogen each year. Hydrogen from the plant will initially be targeted for sale into AFC Energy’s UK H-Power Generator deployments, including those with Speedy Hydrogen Solutions. Our valuation for AFC is 100p, but we believe there is significant potential upside as the Group’s ammonia proposition is further developed.
Watch the video, and read the full research here.
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