AFC Energy, a leading producer of hydrogen power generation technology, saw a significant increase in its shares following the announcement of a joint venture with Industrial Chemicals Group. This partnership aims to disrupt the UK market by producing hydrogen from ammonia, eliminating the need for government subsidies. By leveraging Industrial Chemicals' ammonia procurement and logistics capabilities along with AFC Energy's cracking technology, the venture plans to start generating revenues as early as 2026. The joint venture will initially produce up to 400kg/day of hydrogen and expand its capacity through AFC Energy's portable containerized ammonia crackers. AFC Energy's CEO, John Wilson, expressed excitement about the collaboration, emphasizing the goal of achieving commercial viability in the hydrogen economy. In addition to this partnership, AFC Energy recently entered a global strategic partnership with Volex to further reduce costs and enhance the competitiveness of hydrogen production. The company's strategic moves and innovative technology position it well for success in the renewable energy market and the broader hydrogen industry.