Alkaline Fuel Cell Power says it is developing a range of fuel cells for off-grid and backup generator markets

The move supplements ongoing development of AFCP's four kilowatt (kW) combined heat and power (CHP) fuel cell

 

Alkaline Fuel Cell Power Corp (AFCP) has announced that it is developing a range of fuel cells for the off-grid and backup generator markets.

The Toronto-based company said that the move supplements the ongoing development of its four kilowatt (kW) combined heat and power (CHP) fuel cell.

AFCP said it is hoping to target systems that have a power capacity of between 40kW and 100kW with its alkaline fuel cell, including cell towers, weather stations, highways and rail monitoring, rescue and military and residential opportunities, as well as datacentres, hospitals and industrial sites.

READ: Alkaline Fuel Cell Power says to focus on diversification and strength in second half of 2022 and beyond

The company said the inclusion of fuel cells for the generator market enables the group to generate revenue in the near term while the distribution system for hydrogen to be delivered to homes continues to advance. It has a long-term goal of providing micro-CHP alkaline fuel cell power systems to the market.

“A number of global pressures are driving rapid growth and accelerating the revenue potential of the generator market at a pace that exceeds the mass home market, and AFCP is ideally positioned to use our cost-effective alkaline technology to meet this growing demand,” said Frank Carnevale, CEO of AFCP, in a statement.

“By leveraging our existing staff and resources in Belgium and Czech Republic, we anticipate being able to generate revenue earlier by selling our fuel cells into the burgeoning generator market," he added.

Robust markets

The company noted that in 2021, the global portable generator market was valued at around US$4.6 billion and is expected to grow to US$6.7 billion by 2027.

AFCP is developing fuel cells of varying power output capacities to cater to off-grid and back-up generator markets. The 40kW to 100kW configurations build on AFCP’s current design for the 4kW CHP system, incorporating different membrane technology into larger fuel cells suitable for servicing the generator market.

According to the company’s internal market research, the construction sector accounts for 36% of global energy use and 38% of energy-related CO2 emissions, making it a ripe target for off-grid power generation. Recent legislation has also contributed to robust demand: the UK recently changed its legislation to restrict the use of tax-free diesel in generators, making hydrogen-powered generators as an “interesting alternative both ecologically and economically,” according to AFCP.

AFCP is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

 

Alkaline Fuel Cell Power Corp says it is developing a range of fuel cells for off-grid and backup generator markets (proactiveinvestors.com)

Alkaline Fuel Cell Power says it is developing a range of fuel cells for off-grid and backup generator markets