Proactive Investors - AFC Energy (LON:AFEN) has won a contract to supply its hydrogen-powered S Series fuel cell modules to Niftylift, one of the largest providers of mobile elevated work platforms (MEWP) in Europe.
The AIM-listed company said a collaboration has been agreed whereby it will sell the fuel cell modules packaged specifically for Niftylift’s hydrogen-electric ‘H2E’ range of powered access MEWPs.
Sales will begin in early 2025, it said, with Milton Keynes-based Niftylift, which also has offices in German, the Netherlands and the USA, will integrate the modules into their H2E platforms before “assessing opportunities to scale the fuel cells into larger MEWPs”.
AFC said Niftylift’s existing level of sales for its zero-emission H2E series in Europe, the US and Middle East “already highlights the immediate opportunity and scale of the market”.
One of its existing customers is construction market specialist Speedy Hire, with which AFC already has another partnership.
AFC chief executive Adam Bond said: “The agreement builds on our H-Power generator offering by opening new opportunities for system integration with heavy plant and equipment.
“Combining the volume of fuel cell modules deployed in H-Power generators with new partners such as Niftylift, builds on the economies of scale available through our supply chain, driving down costs to end users.”