AFC Energy (AFC)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

9.50p
   
  • Change Today:
      0.050p
  • 52 Week High: 17.26p
  • 52 Week Low: 5.50p
  • Currency: UK Pounds
  • Shares Issued: 1,131.50m
  • Volume: 3,444,324
  • Market Cap: £107.49m
  • RiskGrade: 464

AFC Energy manages to cut costs of its hydrogen fuel cell generators

By Josh White

Date: Friday 13 Jun 2025

LONDON (ShareCast) - (Sharecast News) - AFC Energy announced a major reduction in the cost of its 30kW hydrogen fuel cell generators on Friday, cutting build costs by about 85% through a combination of low-cost stack technology and an extensive value engineering programme.
The AIM-traded clean energy company said the cost savings significantly exceeded previous targets, and positioned its hydrogen systems to compete with diesel generation on price.

It said the improvements were expected to support broader adoption of AFC's technology, especially when paired with its hydrogen production capabilities.

At the same time, AFC said it had signed a supply agreement for custom fuel cell systems to meet anticipated demand and is advancing plans for volume manufacturing.

The company said it was also working towards a global strategic manufacturing partnership with integrated manufacturing specialist Volex.

AFC said the planned partnership would support its growth ambitions by enabling further cost reductions through materials leverage and economies of scale.

"As previously announced, our strategy is to deliver commercial viability of the hydrogen economy, without reliance on Government subsidy," said chief executive officer John Wilson.

"In April, alongside our results, we announced an aggressive plan to target a significant reduction of the cost of our 30kW hydrogen fuel cell generators to drive market adoption.

"I'm delighted that this ambition has been fulfilled, with an expected c.85% reduction, and we target mid-2026 for delivery of our first low cost generators."

At 1513 BST, shares in AFC Energy were down 6.16% at 16.2p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AFC Energy Market Data

Currency UK Pounds
Share Price 9.50p
Change Today 0.050p
% Change 0.53 %
52 Week High 17.26p
52 Week Low 5.50p
Volume 3,444,324
Shares Issued 1,131.50m
Market Cap £107.49m
RiskGrade 464

AFC Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.29% below the market average47.29% below the market average47.29% below the market average47.29% below the market average47.29% below the market average
54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average
Price Trend
39.01% below the market average39.01% below the market average39.01% below the market average39.01% below the market average39.01% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Income Not Available
Growth
68.94% above the market average68.94% above the market average68.94% above the market average68.94% above the market average68.94% above the market average
69.70% above the sector average69.70% above the sector average69.70% above the sector average69.70% above the sector average69.70% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AFC Energy Dividends

No dividends found

Trades for 29-Aug-2025

Time Volume / Share Price
16:35 180,644 @ 9.50p
16:35 1 @ 9.50p
16:35 21,791 @ 9.50p
16:35 1,735 @ 9.50p
16:35 1,790 @ 9.50p

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