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September 26, 2008
This time it’s the turn of two of the less heralded players, AFC Energy and Acta, to suffer. Despite being lower profile than many other fuel cell players, AFC did seem to well ahead of the pack in commercialising its fuel cell technology, after it struck upon a pragmatic business plan and won a potentially significant contract with Akzo Nobel.
AFC decided not to worry about making its fuel cells small enough to fit into consumer products, and instead identified the chlorine industry, one of...
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