ITM Power sells €0.7m electrolyser to unnamed buyer
11th Jan 2017 14:21
(ShareCast News) - Energy storage and clean fuel company ITM Power announced the sale of a €0.7m electrolyser system to a global specialty gas company by competitive tender on Wednesday. "We are delighted to have been successful in another tender process as part of a key strategic hydrogen refuellin
Read moreITM Power welcomes new clean energy directives from European Commission
1st Dec 2016 08:23
(ShareCast News) - Energy storage and clean fuel company ITM Power said that new directives announced by the European Commission were "fundamentally important" in the uptake of power-to-gas energy storage and green hydrogen fuel made by electrolysis across the continent. On Wednesday, the European C
Read moreITM Power signs fuel contract with Anglo American
23rd Nov 2016 14:01
(ShareCast News) - AIM-listed energy storage and clean fuel company ITM Power has signed a fuel contract with Anglo American which covers fuel dispensed across its hydrogen refuelling network. This marks the company's seventh fuel supply contract for refuelling fuel cell electric vehicles. ITM, whic
Read moreITM Power gains permission to build Beaconsfield hydrogen station
18th Nov 2016 08:06
(ShareCast News) - ITM Power, an energy storage and clean fuel company, has been granted planning permission from South Buckinghamshire District Council to construct a hydrogen refuelling station at oil behemoth Royal Dutch Shell's filling station in Beaconsfield. This will be the first hydrogen ref
Read moreITM Power to refuel Europcar's hydrogen electric car fleet
14th Nov 2016 07:47
(ShareCast News) - Clean energy company ITM Power has signed a contract with Europcar UK to refuel its electric car fleet, building on its previous contract win from Hyundai Motor. The AIM-listed company has agreed to sell hydrogen fuel at £10 per kilogramme to Europcar after the rental car service
Read moreITM Power wins contract to refuel Hyundai's electric car fleet
4th Nov 2016 09:39
(ShareCast News) - Energy storage and clean fuel company ITM Power signed a fuel contract with Hyundai Motor to refuel its electric car fleet in the UK. The AIM-listed company will sell hydrogen at £10 per kilogram to refuel the South Korean carmaker's iX35 electric fuel cell vehicle fleet. This
Read moreITM Power opens second London hydrogen station
11th Oct 2016 14:26
(ShareCast News) - Energy storage and clean fuel company ITM Power officially launched its third public access hydrogen refuelling station (HRS) and the second HRS in London at the Centre of Engineering Manufacturing Excellence CEME, in Rainham, on Tuesday. The AIM-traded firm's HRS was opened to th
Read moreITM Power appoints new Managing Director for German subsidiary
7th Sep 2016 10:06
(ShareCast News) - ITM Power, an energy storage and clean fuel company, has appointed a new managing director for the company's German subsidiary ITM Power GmbH. Calum McConnell has been chosen for the post and will take over in December to replace Phil Doran. Doran is relocating to Scotland to cont
Read moreITM Power inks hydrogen-supply contract with Arcola
26th Aug 2016 12:30
(ShareCast News) - Energy storage and clear-fuel company ITM Power has inked a fuel contract with Arcola Energy to supply hydrogen at £10/kg. ITM said the fuel would be supplied from its growing hydrogen refuelling infrastructure, part funded by OLEV, FCH JU and InnovateUK. "This is a follow-on agr
Read moreITM Power inks hydrogen supply agreement with Commercial Group
23rd Aug 2016 09:17
(ShareCast News) - ITM Power inked another deal to supply hydrogen fuel as it continued to roll-out its refuelling network. The AIM-listed energy storage and clean fuel company agreed to supply Commercial group with hydrogen for its vans at a price of £10 per kilogram. With the help of Innovte UK,
Read moreITM Power narrows FY pre-tax loss
29th Jul 2016 12:26
(ShareCast News) - Energy storage and clean-fuel company ITM Power has turned in a narrower full-year pre-tax loss of £4.4m, from a loss of £5.7m a year earlier, as revenue improved to £1.9m, from £1.6m. CEO Graham Cooley said ITM Power's markets were undoubtedly growing. "By the end of 2016, we wi
Read moreITM Power and Thuga celebrate two year testing mark
13th Jun 2016 15:35
(ShareCast News) - Energy storage and clean fuel company ITM Power was celebrating on Monday, after an announcement from the Thüga Group in Germany over the operational performance of the power-to-gas plant purchased from ITM Power two years ago. The AIM-traded firm said the plant has successfully c
Read moreITM Power launches first hydrogen refuelling station in London
10th May 2016 15:07
(ShareCast News) - ITM Power has launched its first of four public hydrogen refuelling station in London and is examining ways of sourcing "green electricity" tariffs to power hydrogen production at its UK refuelling stations. The maiden hydrogen refuelling station is at the National Physical Labora
Read moreDirectors dealings: Peter Hargreaves contributes £1.2m to ITM Power offer
17th Feb 2016 15:36
(ShareCast News) - Three directors of ITM Power have contributed £2.2m as the renewable fuel cells company completed a £5.8m fundraising to support its current pipeline for builds and sales. ITM's placing and open offer at 15p a share saw chief executive Graham Cooley spend almost £65,000, while non
Read moreITM Power sees bigger revenues, smaller losses in first half
29th Jan 2016 14:12
(ShareCast News) - Revenues were up significantly at ITM Power in the first half of the year, though the company still had work to do to reduce 'cash- burn' and achieve profitability, it revealed in its half-year report on Friday. The AIM-traded energy storage and clean fuel company reported total r
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