Keltbray to lease hybrid fuel cell system for London construction site

LONDON, UK: AFC Energy (AIM: AFC), a number one supplier of hydrogen energy generation technologies, is happy to announce its collaboration with Keltbray for the lease of the Company’s first fuel cell for deployment to a UK construction site.

Highlights

· Keltbray is a number one UK based construction and engineering group with an goal of achieving Net Zero by 2040 or earlier.

· Keltbray has agreed to lease from AFC Energy an preliminary zero emission Hybrid Fuel Cell (“HFC”) energy generator as a showcase of how the development industry can decarbonise websites today.

· This will be AFC Energy’s first UK HFC deployment with deployment anticipated finish Q2 2022.

· The two companies have outlined a roadmap to consider additional system deployments in late 2022.

· Location of the primary system deployment stays under review however is anticipated to be in London.

· Keltbray and AFC Energy will work to construct zero emission, fuel cell energy generators into future tenders for construction work within the UK

Keltbray is one of many UK’s main construction and engineering contractors with a number of high-profile projects collectively with the Shard, HS2 and Crossrail. In September 2021, Keltbray set the goal of achieving Net Zero by 2040 or sooner and made a dedication to support its clients to obtain their very personal Net Zero targets throughout their portfolio of projects.

Keltbray and AFC Energy have been working collectively for the previous 5 months reviewing zero emission, fuel cell energy generators able to settle for flex fuelling methods throughout Hydrogen, Ammonia and Methanol as a technique of delivering on Net Zero aspirations in a well timed manner.

With the removal of the UK’s £0.4861 per litre Red Diesel subsidy from April 2022, along with recent will increase within the price of diesel fuel, construction and different temporary energy customers are facing materials will increase within the price of utilizing diesel generators relative to the price of clear alternatives such as fuel cell technologies.

Today, Keltbray and AFC Energy are announcing a collaboration that will see:

1. The lease of Keltbray’s first HFC energy generator at a construction site likely to be located in London;

2. A roadmap for additional system deployments from late 2022; and

3. Both companies work with native plant rent companies to encourage the transition away from diesel fuelled temporary power.

Under the collaboration, AFC Energy will supply and provide Hydrogen to Keltbray on commercial phrases along with supplying the HFC system. Keltbray will take the role of operator of the HFC system with AFC Energy offering requisite coaching to on site operators.

This would be the Company’s first HFC system deployment within the UK and is a additional instance of the strong and immediate buyer curiosity within the newest zero emission energy generator applied sciences being commercialised by AFC Energy.

Kiro Tamer, Head of Environmental Sustainability at Keltbray, said: “We’re happy to be announcing our collaboration with AFC Energy, that is an important step ahead in our journey towards a Net Zero future. Keltbray strives to make a positive contribution to the planet and this partnership permits us to additional speed up the sector’s transition to a extra sustainable world. Collaboration is key in achieving actual change and the entire sector should work collectively to make sure we transform how we ship the constructed environment. The use of this innovative technology permits us to play a key role in assisting the industry in reducing its reliance on fossil fuels.”

Adam Bond, Chief Executive Officer at AFC Energy, said: “AFC Energy is excited to be announcing our collaboration with Keltbray today, highlighting how industry is more and more playing its role in delivering on society’s Net Zero aspiration right here within the UK. As an innovative and socially accountable UK contractor, Keltbray continues to present nice management in highlighting, through adoption of hydrogen fuel cell energy generator technology, how the development industry is seeing the profit of displacing extremely pollutant fossil fuels in favour of cutting-edge clear energy solutions. We are most happy to be supporting Keltbray, its clients and the sector’s transition towards a extra sustainable future”.

www.afcenergy.com

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