Business
Major technology milestone an
Major technology milestone an.
About this update from H-power Plc
[{"type":"text","content":"\n RNS Number : 6557A AFC Energy Plc 13 October 2009 \n \n\n13 October 2009\n\nAFC Energy PLC\n('AFC Energy' or the 'Company')\nAFC Energy announces major technology milestone and operational update\n\nAFC Energy PLC, the developer of low cost alkaline fuel cells, is pleased to announce that it has successfully completed an important field test of its first generation, lower cost, non-platinum electrodes at AkzoNobel's chlor-alkali plant in Bitterfeld, Germany. During the test AFC Energy's fuel cell system fed electricity into AkzoNobel's grid, on a par with previous field tests using platinum based electrodes. \n\nGeneral Update\n\n\nCompleted field-test of proprietary, lower cost, non-platinum electrodes at AkzoNobel's Bitterfeld plant - an important step towards full scale operation.\n\n\nApplication for 4 patents relating to core technology.\n\n\nUpgrade to development facility close to completion with faster electrode development and the capability to manufacture up to 1000 electrodes per day on site.\n\n\nStrengthening of technical team through the appointment of Dr Richard Dawson (formerly senior engineer at Ceres Power).\n\n\nFollowing the installation of the Company's fuel cell system at AkzoNobel's Bitterfeld plant in Germany, the Company is pleased to announce that it has completed an important field test of its first generation, lower cost, non-platinum electrodes in its fuel cell system. In addition to generating electricity this field test included exporting electricity to the customer's on-site grid and automated operation of the fuel cell and remote monitoring of the fuel cell performance was demonstrated.\nThe Company's technical team continues to develop innovative solutions that will enable the Company's fuel cell systems to be manufactured at lower cost and with higher efficiency. The Company has recently filed applications for a further 4 patents as part of the measures to protect its core intellectual property. The Company's intellectual property strategy centres on protecting developments made to its low cost electrodes. \nAn upgrade to AFC Energy's development facility is now close to completion. This upgrade is aimed at reduci...