RCS - AFC Energy Plc - AFC to present AlkaMem® at Conference

AFC EnergyAnnouncement

01/10/2020 07:00

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RNS Number : 6405A  AFC Energy Plc  01 October 2020

Reach - This is a non-regulatory announcement.

1 October 2020

AFC Energy PLC

("AFC Energy" or the "Company")

AFC Energy to Present AlkaMem® at Prestigious Fraunhofer Society Advanced
Alkaline Electrolysis Conference

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation, is
pleased to have been invited to present its AlkaMem® anion exchange membrane
technology to industry at the prestigious Fraunhofer Society on 1(st) October
2020.

Germany's Fraunhofer Society is regarded by many as the world's leading
applied research organisation and is hosting its third Advanced Alkaline
Electrolysis conference this week where AFC Energy's AlkaMem® membrane
technology, originally designed for its proprietary high energy density fuel
cells systems, will be presented in the context of Alkaline Water Electrolysis
and green hydrogen generation.

With the EU electrolysis market expected to reach 40GW by 2030, there is now
significant growth potential in this market with alkaline water electrolysers
expected to deliver a larger percentage of the overall project demand.

AFC Energy's AlkaMem® membrane is already being provided to several
industrial and academic institutions in Europe under material supply
agreements for trials within the field of Alkaline Water Electrolysis with
excellent results obtained to date.

The presentation will provide an update on membrane performance, scale up, and
use cases within the Alkaline Water Electrolyser industry.

 

For further information, please contact:

 AFC Energy plc                                    +44 (0) 14 8327 6726

 Adam Bond (Chief Executive Officer)

 WH Ireland - Nominated Adviser and Joint Broker   +44 (0) 117 945 3470

 Mike Coe (Corporate Finance)

 Jasper Berry (Corporate Broking)

 M C Peat & Co LLP - Joint Broker                  +44 (0) 20 7104 2334

 Charlie Peat

 Tuva Partners - Public Relations                  +44 (0) 7900 205 460

 Alex Brooks

 

About AFC Energy

AFC Energy plc is commercialising a scalable alkaline fuel cell system, to
provide clean electricity for on and off grid applications. The technology,
pioneered over the past twelve years in the UK, is now deployable in electric
vehicle chargers, off-grid decentralised power systems and industrial gas
plants as part of a portfolio approach to the decarbonisation of local
electricity needs.

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