Waste2Tricity acquires exclusive UK rights for AFC waste-from-energy applications

摘要

According to Waste2Tricity managing director John Hall (www.waste2tricity.com), the company has acquired the exclusive rights for AFC Energy Plc (www.afcenergy.com) hydrogen fuel cells for deployment in the UK energy-from-waste sector. "The fuel cells will be used with hydrogen produced by high temperature gasification. The right of first refusal for additional territories, Europe and North America, is also secured. Waste2Tricity has agreed an Appointment Fee of ￡1 million, payable at pre-agreed intervals over the next four years. The first installment of ￡150,000 will be paid immediately. Waste2Tricity's exclusivity is for an initial 10 years and subject to performance and additional payments this will be extended over a further 10 years."