Fuel cell developer AFC Energy has agreed in principle to work with Dubai-based Dutco on a large-scale deployment of fuel cells across the Middle East. The 1 companies will work on a business plan to define a commercial strategy and are expected to form joint venture to service the Arab states. AFC believes that the venture may meet and possibly exceed its target for two gigawatt (Gw) of fuel cell capacity to be installed by the end of 2020. The companies will also explore the potential for a regional power utility using fuel cells.
Fuel cell developer AFC Energy has agreed in principle to work with Dubai-based Dutco on a large-scale deployment of fuel cells across the Middle East. The two companies will work on a business plan to define a commercial strategy and are expected to form joint venture to service the Arab states. AFC believes that the venture may meet and possibly exceed its target for 1 gigawatt (Gw) of fuel cell capacity to be installed by the end of 2020. The companies will also explore the potential for a regional power utility using fuel cells.