Business
Operational Update
AFC Energy Plc has successfully completed the first build of its new generation LC30 30kW liquid-cooled fuel cell generator, which is now operational and producing power. This new model boasts significant improvements over its predecessor, with manufacturing costs approximately 85% lower, a substantially smaller footprint, and a 45% mass reduction. The LC30 Generator is up to 20% more efficient, uses 95% fewer components, and operates across a wider temperature range, making it suitable for global deployment. The company also notes that the chassis is designed to accommodate a future 100kW fuel cell. Disclaimer*

About this update from H-power Plc
[{"type":"text","content":"\n\nAFC Energy Plc\n21 January 2026\nAFC Energy Plc\n(\"AFC Energy\" or the \"Company\")\nOperational Update\nAFC Energy Plc (AIM: AFC), a leading provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions at a commercially viable price point, is pleased to announce the completion of the first build of our new generation LC30 30kW liquid-cooled fuel cell generator (the \"LC30 Generator\") which is now undergoing operational testing and producing power in accordance with its design specification.\nJohn Wilson, CEO of AFC Energy Plc, commented:\n\"10 months ago, we set out our ambitious plan to redevelop the core architecture of our fuel cell generators to reduce cost by 66% and drive towards cost parity with diesel. I am delighted that we have surpassed our target and have delivered our first next generation LC30 Generator on schedule and below our original budget. We look forward to working with our customers to roll out deployments and achieve regulatory approval through our enhanced channel network that we are further strengthening. We remain well-positioned to convert our pipeline of opportunities into contractual orders, deliver sustainable revenue growth without the need for government subsidies and create significant shareholder value.\"\nIn order to drive market adoption and support AFC Energy's volume growth plans, the LC30 Generator benefits from significant advantages compared to the previous, air-cooled model, including:\n· The manufacturing cost is c.85% lower.\n· Substantially smaller footprint, enabling deployments in locations in which space is at a premium, with a greater than 50% mass reduction and 45% reduced volume.\n· The LC30 Generator is up to 20% more efficient and consists of 95% fewer components. \n· With an increased operating range from -20°C to +50°C (compared with -5°C to +40°C for the previous generator) it is suitable for deployment globally across all inhabited continents.\n· The LC30 Generator is also designed to accommodate a 100kW fuel cell in the same chassis, where customer requirements demand a larger power output, and will progress to certification and pre-production, supported by our manufacturing partner, Volex plc.\n \nFor further ...