ITM Power: Forestry Commission Joins Hydrogen On Site Trials

27th Jul 2010 08:11

LONDON (Dow Jones)--ITM Power PLC (ITM.LN), an energy storage and clean fuel company, Tuesday announces that the Forestry Commission has signed an agreement to participate in the Hydrogen On Site Trials, or HOST, of ITM's transportable high pressure refueling unit (HFuel) that it is currently being built with support from the Technology Strategy Board (TSB) and partners Gateway to London and Revolve Technologies, as announced in Feb. MAIN FACTS: -Commencement of HOST will begin in 2011, and will encompass the operation and refueling of two HICE (Hydrogen Internal Combustion Engine) Revolve Technologies Ford Transit vehicles with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. -The Forestry Commission joins DHL Supply Chain and London Stansted Airport who signed agreements to join HOST in June. -Membership of HOST provides each partner with a one week free trial of HFuel and the two Revolve HICE transit vehicles, and an option to lease both HFuel and vehicles for additional week. -The demonstrations are 100% managed and operated by ITM personnel in liaison with site owners' operations and management. -Shares at 0709 GMT unchanged at 30.8 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 27, 2010 03:11 ET (07:11 GMT)