)

Video: AFC Energy – First modular ammonia cracker system

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.

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed, within constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

Contact

If you would like further information, please get in touch with our team.

Robin Byde Director, Research+44 203 829 5000+44 7557 507 246 Scan with your phone camera to add to contacts Download vCard