Stock Market News
Positive independent technology review for AFC Energy
16-06-2011 15:06
| Add To Google +1 | Tweet |
Low-cost alkaline fuel cell developer AFC Energy has received a positive independent interim review of its technical activity from the Centre for Process Innovation (CPI), marking a step towards commercialisation of its fuel cell systems.
After assessing the barriers to CE-accreditation, the CPI saw no major issues with the control and electronics aspects of the system and is highly encouraged by the moves towards CE-accreditation.
CPI also noted that the quality of information available on the development plans, costs, technical milestones and other areas of the business was "significantly higher" than in previous visits, the company said.
"The purpose of the independent review is to demonstrate the extent to which AFC Energy is making technical progress towards its goal of the lowest cost alkaline fuel cell system. This latest report is the fifth to be carried out, and as with previous reviews the highlights give a glimpse into the rapid and substantial progress being made," executive deputy chairman Ian Balchin said in a statement.
AR
After assessing the barriers to CE-accreditation, the CPI saw no major issues with the control and electronics aspects of the system and is highly encouraged by the moves towards CE-accreditation.
CPI also noted that the quality of information available on the development plans, costs, technical milestones and other areas of the business was "significantly higher" than in previous visits, the company said.
"The purpose of the independent review is to demonstrate the extent to which AFC Energy is making technical progress towards its goal of the lowest cost alkaline fuel cell system. This latest report is the fifth to be carried out, and as with previous reviews the highlights give a glimpse into the rapid and substantial progress being made," executive deputy chairman Ian Balchin said in a statement.
AR
| Related share prices |
|---|
| AFC Energy (AFC) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

