ITM Power improves guidance after solid first half

31st Jan 2024 08:30

(Sharecast News) - Shares in ITM Power surged on Wednesday after the energy storage and clean fuel company impressed with its interim results and improved its full-year guidance.

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ITM Power inks capacity deal with Shell Deutschland

11th Dec 2023 13:17

(Sharecast News) - ITM Power has finalised a capacity reservation agreement with Shell Deutschland, it announced on Monday.

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ITM Power reaffirms guidance after strong first half

4th Dec 2023 08:39

(Sharecast News) - ITM Power said in an update on Monday that from 1 April to the end of October, it achieved revenue of £7.5m, making for a promising trajectory towards its full-year guidance range of £10m to £18m.

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Berenberg lowers target price on ITM Power

8th Nov 2023 13:00

(Sharecast News) - Analysts at Berenberg lowered their target price on energy storage and clean fuel company ITM Power from 90.0p to 80.0p on Wednesday, stating it now anticipates seeing slower than previously expected production ramp-up.

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ITM Power unveils new 'Hybrid Stack' technology

8th Nov 2023 10:20

(Sharecast News) - ITM Power took the wraps off its latest innovation on Wednesday, the 'Hybrid Stack', designed to provide existing customers who operate earlier MegaWatt Electrolyser Platform (MEP) generation products with an efficiency boost of around 10%.

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ITM Power announces entry into the US market

16th Oct 2023 07:39

(Sharecast News) - Green energy group ITM Power has announced it is starting bidding into projects in the US market, which it says could become one of its largest markets.

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ITM Power shares gain as H1 results beat expectations

17th Aug 2023 11:50

(Sharecast News) - Shares in hydrogen firm ITM Power made sharp gains on Thursday as the company posted interim in line with expectations as it seeks to turn its fortunes around.

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ITM Power inks heads of terms for sale of Motive Fuels stake

14th Aug 2023 08:59

(Sharecast News) - Hydrogen energy technology specialist ITM Power announced a significant step in its strategic restructuring on Monday, by entering into a non-binding heads of terms agreement for the sale of Motive Fuels.

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ITM Power postpones full-year results, reiterates guidance

25th Jul 2023 08:32

(Sharecast News) - ITM Power postponed the release of its full-year audited results at the request of its auditor.

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ITM Power wins contract in Germany

17th Jul 2023 15:38

(Sharecast News) - ITM Power announced the award of a contract for the procurement of long lead-time materials and components for a particular project, it announced on Monday.

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ITM Power launching new Germany hub

10th Jul 2023 13:05

(Sharecast News) - Electrolyser specialist ITM Power is expanding its presence in Germany, it announced on Monday, with the establishment of ITM Power Germany.

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ITM Power inks strategic partnership with Mott Corporation

3rd Jul 2023 15:42

(Sharecast News) - Electrolyser technology specialist ITM Power announced a strategic partnership with Mott Corporation on Monday.

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ITM Power gets UKCA marking for electrolyser stack

30th Jun 2023 14:18

(Sharecast News) - ITM Power announced on Friday that its MEP30 electrolyser stack has achieved UKCA marking.

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ITM Power FY revenue seen ahead of guidance, EBITDA loss within range

1st Jun 2023 10:14

(Sharecast News) - ITM Power said on Thursday that it expects full-year revenue to be ahead of guidance, while the adjusted EBITDA loss will be within the guidance range.

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ITM Power announces big expansion to Sheffield facility

3rd Apr 2023 12:26

(Sharecast News) - ITM Power announced a major expansion of its facilities at Bessemer Park in Sheffield on Monday.

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