Inner Mongolia First Machinery Group Corporation

AFC Energy and TAMGO sign exclusive distribution agreement for Zero Emission H-Power Fuel Cell Generators to Saudi and MENA Markets

Retrieved on: 
Monday, September 4, 2023
Agreement, AFC Energy, Electricity, Inner Mongolia First Machinery Group Corporation, Saudi Aramco, Mining, Engineering, NEOM, United Arab Emirates, Oil, Arms industry, Kingdom

LONDON, Sept. 4, 2023 /PRNewswire/ -- AFC Energy, a leading provider of hydrogen energy solutions, today announces that it has signed an exclusive distribution agreement with Saudi Arabia's The Machinery Group LLC, trading as TAMGO, to market and sell AFC Energy's zero emission hydrogen fuelled H-Power Generators into the significant Saudi Arabian industrial and off-grid power markets, and a further 16 surrounding countries. 

Key Points: 
  • AFC Energy's technology provides clean electricity for on and off grid power applications and will aid the decarbonisation of society's growing electrification needs.
  • TAMGO will have exclusive rights in the region to AFC Energy's S Series (air-cooled) and S+ Series (liquid-cooled) fuel cell generators currently ranging from 10kW to 200kW.
  • "TAMGO is delighted to have been appointed as an exclusive distributor for AFC Energy.
  • With this agreement, we are confident that our combined efforts will establish a prominent presence in the Saudi Arabian and broader regional markets for hydrogen fuel cell generators.

AFC Energy and TAMGO sign exclusive distribution agreement for Zero Emission H-Power Fuel Cell Generators to Saudi and MENA Markets

Retrieved on: 
Monday, September 4, 2023
Agreement, AFC Energy, Electricity, Inner Mongolia First Machinery Group Corporation, Saudi Aramco, Mining, Engineering, NEOM, United Arab Emirates, Oil, Arms industry, Kingdom

LONDON, Sept. 4, 2023 /PRNewswire/ -- AFC Energy, a leading provider of hydrogen energy solutions, today announces that it has signed an exclusive distribution agreement with Saudi Arabia's The Machinery Group LLC, trading as TAMGO, to market and sell AFC Energy's zero emission hydrogen fuelled H-Power Generators into the significant Saudi Arabian industrial and off-grid power markets, and a further 16 surrounding countries. 

Key Points: 
  • AFC Energy's technology provides clean electricity for on and off grid power applications and will aid the decarbonisation of society's growing electrification needs.
  • TAMGO will have exclusive rights in the region to AFC Energy's S Series (air-cooled) and S+ Series (liquid-cooled) fuel cell generators currently ranging from 10kW to 200kW.
  • "TAMGO is delighted to have been appointed as an exclusive distributor for AFC Energy.
  • With this agreement, we are confident that our combined efforts will establish a prominent presence in the Saudi Arabian and broader regional markets for hydrogen fuel cell generators.

$6.8 Billion Worldwide Gas Engines Market to 2030 - Share, Size, Trends, Industry Analysis Report - ResearchAndMarkets.com

Retrieved on: 
Monday, July 18, 2022
Energy, Utilities, Oil, Gas, Revenue, Nanoparticle, Wärtsilä, Lists of countries and territories, Nitrogen, End Use Energy Demand Centres, Natural gas, Sulfur dioxide, CFE, Inner Mongolia First Machinery Group Corporation, Comisión Federal de Electricidad, Carbon, EIA, Growth, Burns, Electricity, Population, Renewable energy

Based on the fuel type, the natural market segment accounted for the leading share in the market.

Key Points: 
  • Based on the fuel type, the natural market segment accounted for the leading share in the market.
  • Natural gas is commonly utilized in engines to generate power since that burns cleaner and emits less carbon than other fuels.
  • Natural gas capsules are available from many distribution providers in rural locations when gas delivery networks do not exist.
  • The publisher has segmented the gas engines market report based on fuel type, power type, application, end-use industry, and region:
    Gas Engines, Fuel Type Outlook (Revenue - USD Billion, 2018 - 2030)