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Technology Stocks : Fuel Cell Investments

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From: TheSlowLane	12/11/2013 8:59:57 AM
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Foster Wheeler completes successful KORE review AFC Energy, the industrial fuel cell power company, is pleased to announce that Foster Wheeler, the global engineering company, has completed its initial review of AFC Energy's first commercial fuel cell platform, KORE, building on the work started in April 2013. KORE will be the first commercial-grade 250 kW fuel cell module developed by AFC Energy to generate electricity from surplus hydrogen at stationary industrial locations including chemicals and waste-to-energy plants. As part of the partnership, Foster Wheeler has facilitated the Hazard and Operability Study(HAZOP) for the KORE system. Successful completion of this review enables AFC Energy to proceed with the detailed design, construction and delivery of the first KORE module that will act as the initial platform for the fuel cell installations, including the €6.1 million EU-backed Power Up project in Stade, northern Germany where AFC is partnered with Air Products. More: investegate.co.uk

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