AFC wins 50mw fuel cell contract in Korea
AFC Energy has signed a formal agreement to develop 50Mw of fuel cell power in Korea. The deal with Korean companies Samyoung and Changshin is forecast to generate revenues of US$1bn in its first ten years. AFC will own 40% of the project, with Samyoung (45%) and Changshin (15%) the remainder. The UK firm said it was a landmark deal that confirmed its transition from research and development to a global ene ...
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