AFC Energy's joint venture with Speedy Hire, known as Speedy Hydrogen Solutions (SHS), has been well-received by customers, with a positive market reception. The venture involves renting fuel cell gensets, driving AFC's full-year revenues to approximately £4 million, primarily from sales to SHS. SHS is currently operating an initial fleet of fuel cell generators integrated with Speedy's battery energy storage systems. AFC Energy is focusing on large construction and infrastructure companies, offering hybrid power systems that combine fuel cell units with BESS technology to enhance fuel efficiency and reduce carbon emissions. The company's efforts have led to the successful sale of a fuel cell genset and BESS system to TAMGO, its distribution partner in Saudi Arabia. AFC Energy is also collaborating with Spanish contractor Acciona, providing a genset and BESS system on a pre-purchase trial. The system's performance has been positive, with the option for Acciona to extend the trial or opt for a purchase. Gary Bullard, AFC's chief executive, highlighted the significant progress made in 2024, including the expansion of manufacturing capacity to meet the rising demand. This expansion facilitated the delivery of generators for the joint venture with Speedy Hire. Additionally, advancements in ammonia cracking technology within the new Hyamtec Division showcase AFC Energy's dedication to driving decarbonization across various industries.