AFC Executes Heads of Agreement with Bangkok Industrial Gas for 10MW of Fuel Cell Development in Thailand AFC Energy plc (AFC.L), the industrial fuel cell power company, is pleased to announce it has executed its first Heads of Agreement in Thailand to initiate a programme of commercial fuel cell deployment with a leading Thai industrial gas company, Bangkok Industrial Gas Co. Ltd (“BIG”). Highlights Initia ...

Utilities company Singapore Power (SP) and the Singapore Economic Development Board (EDB) will set aside S$30 million over the next five years to develop solutions for meeting the Republic's future energy needs. The S$30 million, a co-investment by both parties, will be used by a new Centre of Excellence for Energy Development and Piloting launched by SP on Thursday (Apr 2). The centre will drive efforts to ...

After parting ways with Elon Musk’s Tesla and taking a different road in providing alternative technologies for the future, Toyota made a big move in securing its marketing presence at the 2020 Tokyo Olympic Games. Japan and especially Toyota are looking to use the 2020 Olympic Games as a stage for promoting its hydrogen infrastructure. Toyota has already secured its status as the first Japanese carmaker to ...

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 ...

TECH company Intelligent Energy (IE) confirmed yesterday it has struck a £1bn, 10-year deal with Indian telecommunications firm GTL. Loughborough-based IE already has an estate of more than 10,000 telecom towers in India, which it supplies with its hydrogen fuel cells. The firm has now reached an agreement in principle with GTL to increase this arrangement to over 26,000 towers. According to IE, the deal is ...

Malaysia’s state utility Tenaga Nasional Bhd (TNB) announced this week that it plans to install 8.5 million residential smart meters within the next 10 years. TNB’s president and chief executive officer Datuk Seri Azman Mohd made the announcement during the opening of a smart grid laboratory at its research arm – Universiti Tenaga Nasional. The facility, which Mr Azman says is the first of its kind in Malay ...

Tenaga Nasional Bhd’s (TNB) smart grid technology, currently in its pilot project stage, is set to help consumers further reduce their electricity bills. “We hope to install the smart meters in each of the 8.5 million household customers within 10 years,” said its president and chief executive officer Azman Mohd. The smart grid is an electricity network utilising digital technology and connects suppliers, d ...

India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability. Theft costs the Indian power sector $16.2bn per year. India's government has already committed billions of dollars in funding for smart grid infrastructure and cumulative spending is forecasted at $21.6bn over the period 2015-2025, according to a new study published today by Nort ...

Efficient, energy-neutral, safe and truly communal, towns of the future may look a lot like the Fujisawa Sustainable Smart Town. The pioneering project, 50 kilometres south of central Tokyo, is the brainchild of Panasonic and 18 companies keen to put their cutting-edge technologies in the areas of energy, construction, security and the utilities to the test. The first families have moved into the initial ph ...

Hyundai is soldiering on with its fuel-cell-powered Tucson, ordering an enormous cut in the zero-emission CUV's price in the company's home market. The 43-percent reduction, when combined with subsidies from the South Korean government, brings the cost of entry to a still-lofty $54,000. While that's undeniably a lot of money, we need to explain just how wildly expensive the Tucson FCV was in the first place ...