AFC Energy has announced that it has signed an agreement with Peel Environmental Ltd to assess the techno-economic feasibility of the UK’s largest hydrogen (H2) fuel cell district at Peel’s Protos industrial park.
Protos is located between Manchester, Liverpool and Chester and will deliver 250 hectares of industrial development in the North West of England.
AFC Energy will conduct the assessment in collaboration with Peel and other third party partners to review a range of H2 sources and offtake arrangements and work with local stakeholders that will see a proposed phasing of fuel cell projects at Protos commencing at 1MW through to an estimated 35MW to 50MW of installed capacity at the site.
The installation of a fuel cell project of the scale proposed could see a range of new investment and potential employment creation opportunities consistent with the UK Government’s Northern Powerhouse initiative.
Integration of H2 fuel cells into the regional energy mix creates further opportunities for decarbonisation of the national power sector and utilises surplus H2 available in the area to generate clean energy on a long term basis.
AFC Energy is pleased to confirm receipt of a ‘TR-1 – Notification of Major Interest in Shares’ from Schroders Investment Management Ltd (Schroders) notifying the company of Schroder’s new 8.441% interest in AFC Energy.
Industrial fuel cell power company, AFC Energy PLC, has signed a Joint Development Agreement (JDA) with Italian corporation, De Nora S.p.A, to further accelerate AFC Energy’s technology platform.
The US Department of Energy (DOE) has pledged more than $13m in funding to advance hydrogen (H2) and fuel cell technologies, in a move that could see the teetering US adoption of H2 as a clean energy finally tip over the edge.