AFC Energy and Speedy Hire launch new JV
–News Direct–
AFC Energy PLC CEO Adam Bond speaks to Thomas Warner from Proactive after the hydrogen fuel cell technology provider announced the launch of its 50:50 joint venture with Speedy Hire, Speedy Hydrogen Solutions (SHS).
The collaboration, announced in July and now formalised under the name SHS banner, aims to revolutionise the temporary power industry by transitioning from diesel to sustainable hydrogen generators.
Bond outlined the industry shift away from diesel, with major infrastructure committing to eliminating diesel generators by 2029. AFC's role is to support this transition, providing hydrogen generators to SHS, which will then lease them to Speedy and its customers.
Bond highlights the positive reception to the JV and initial revenue projections of at 4.7 m...