AFC Energy Wins Contract to Supply Hydrogen-Powered Fuel Cell Modules to Niftylift
Key Ideas
  • AFC Energy PLC secures a contract to provide hydrogen-powered S Series fuel cell modules to Niftylift for their H2E range of powered access MEWPs.
  • Sales of the fuel cell modules will commence in early 2025 with plans to integrate them into Niftylift's platforms and explore scaling opportunities.
  • The collaboration aims to tap into the growing market for zero-emission solutions, showcasing immediate opportunities in Europe, the US, and the Middle East.
  • AFC's CEO highlights the agreement's potential to expand system integration with heavy plant and equipment, leveraging economies of scale to reduce costs for end users.
AFC Energy PLC has announced a significant contract win to supply its hydrogen-powered S Series fuel cell modules to Niftylift, a leading provider of mobile elevated work platforms in Europe. The collaboration will see AFC packaging the fuel cell modules specifically for Niftylift's hydrogen-electric 'H2E' range of powered access MEWPs. Sales are scheduled to kick off in early 2025, with Niftylift planning to integrate the modules into their platforms before exploring opportunities to scale the fuel cells for larger MEWPs. The partnership aims to capitalize on Niftylift's current sales success with their zero-emission H2E series in various regions, indicating a promising market outlook. Noteworthy is Niftylift's existing customer base, including construction market specialist Speedy Hire, which further strengthens AFC's foothold in the industry. AFC's CEO, Adam Bond, expressed enthusiasm about the agreement, emphasizing the potential for enhanced system integration with heavy machinery. By leveraging economies of scale through their supply chain, the collaboration with Niftylift is expected to drive down costs for end users, making hydrogen-powered solutions more accessible and cost-effective.
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