AFC Energy recently announced a significant achievement in reducing the cost of its 30kW hydrogen fuel cell generators by approximately 85%. This cost reduction was made possible through the implementation of low-cost stack technology and an extensive value engineering programme. The company believes that these savings will allow its hydrogen systems to effectively compete with diesel generation in terms of cost. Furthermore, AFC Energy has also made progress in signing supply agreements for custom fuel cell systems to meet expected demand and is moving forward with plans for volume manufacturing. Additionally, the company is in discussions for a strategic manufacturing partnership with Volex, aiming to leverage materials and economies of scale to further reduce costs. The CEO of AFC Energy, John Wilson, highlighted the company's strategy to achieve commercial viability in the hydrogen economy without relying on government subsidies. He expressed satisfaction in achieving the ambitious 85% cost reduction target and set a timeline of mid-2026 for the delivery of the first low-cost generators. Despite the 6.16% decrease in AFC Energy's shares following the announcement, the overall sentiment towards this development is positive, as it paves the way for increased adoption of hydrogen fuel cell technology.