ITM Power blows hydrogen price targets
14th Nov 2011 15:35
ITM Power, the Sheffield based firm which makes systems to store energy in the form of hydrogen says one of its products can easily beat EU cost targets. The news has seen ITM's share price rocket 8.3%. The product is called HFuel and works by taking renewable energy, for instance wind or solar po
Read moreITM Power rockets following fuel cell tests
4th Oct 2011 08:33
ITM Power, which specialises in energy storage and clean fuel, rocketed higher following the announcement of successful testing of a new membrane material for fuel cells. The firm claims the fuel cells' "power density ... has been increased by one order of magnitude". According to the firm "incre
Read moreLondon close: record gold price = scared investors
18th Jul 2011 16:03
Stock markets fell across the board today as concerns persist over European and US sovereign debt. Friday's European banking stress tests were seen as something of a damp squib by markets after they failed to adequately analyse the impact sovereign debt default would have on the Continent's banks.
Read moreLondon midday: Stress test results cast shadow
18th Jul 2011 12:15
Stocks are firmly in the red after Friday's European Banking stress tests. Eight European banks failed stress tests drawn up by the European Banking Authority (EBA). Five Spanish banks - Catalunya Caixa, Pastor, Unnim, Caja3 and CAM - and two from Greece - ATEbank and EFG Eurobank - were deemed not
Read moreCarillion hydrogen trial lifts ITM Power
18th Jul 2011 08:47
Shares in energy storage and clean fuel company ITM Power jumped after it announced that FTSE 250-listed support services group Carillion is to use its technology for operating hydrogen-powered Ford Transit vehicles in a week-long trial later this month. During the "Hydrogen On Site Trial" (HOST) C
Read moreLondon open: Stocks stressed after banking tests
18th Jul 2011 08:20
Stocks have taken a bit of a tumble after the release of the results from banking stress tests after the close on Friday. Eight European banks failed stress tests drawn up by the European Banking Authority (EBA). Five Spanish banks - Catalunya Caixa, Pastor, Unnim, Caja3 and CAM - and two from Gree
Read moreBroker tips: Power companies, Sainsbury, Aveva
18th Mar 2011 13:07
The unfolding events in Japan are likely to have shifted the public's perception of nuclear energy, but it is still very early to say exactly how this will affect the UK power sector, according to broker Matrix. "We have analysed a number of speculative global policy responses to show the impact on
Read moreBroker snap: Nuclear impact on UK power sector
18th Mar 2011 10:14
The unfolding events in Japan are likely to have shifted the public's perception of nuclear energy, but it is still very early to say exactly how this will affect the UK power sector, according to broker Matrix. "We have analysed a number of speculative global policy responses to show the impact on
Read moreUnchanged cash outflow for ITM
20th Jan 2011 16:40
Fuel cell and electrolyser products developer ITM Power has reduced its reported interim loss and the cash outflow was maintained at £2.3m. AIM-quoted ITM still had £14.7m in the bank at the end of October 2010. A rise in grant income from £108,000 to £335,000 helped to reduce the interim loss f
Read moreNewly appointed QinetiQ non-exec buys
18th Nov 2010 17:22
Recently appointed non-executive director Paul Murray has invested nearly £50,000 in defence group QinetiQ following the release of its interim figures. Murray bought 44,377 shares at 112.08p a share. This is his total holding in QinetiQ. He was appointed to the board on 25 October. Murray is al
Read moreSmall caps round-up: Green Dragon, Mediterranean Oil, Terrace Hill
6th Oct 2010 14:34
Green Dragon Gas is to acquire an effective equity interest in Sinoenergy Corporation to provide it with incremental access to the midstream and downstream sales infrastructure within niche geographical locations in China. The structured transaction involves an initial investment of approximately
Read moreSmall caps: Colliers, Digital Barriers, Mount...
30th Jul 2010 12:23
Estate agent Collier International's first half revenues were up 12% on last year, with the UK 15% ahead. Market conditions remain challenging, but there has been some improvement in transaction volumes leading to a strong end to the period, Colliers added. Chief Executive David Izett also wants
Read moreITM Power FY Pretax Loss GBP6.6M Vs Loss GBP6.1M
30th Jul 2010 08:15
LONDON (Dow Jones)--ITM Power PLC (ITM.LN), a clean energy company focused on developing technology to alleviate the present dependence on hydrocarbon fuels, said Friday that for the year ended April 30, it made a pretax loss of GBP6.6 million compared with a loss of GBP6.1 million in the previous y
Read moreITM 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
Read moreSmall caps round-up: Zotefoams, TT electronics, Cape...
1st Jul 2010 09:29
Foam maker Zotefoams said trading is ahead of the expectations for the first six months of the 2010."Although we remain cautious that trading conditions in the remainder of the year may be more challenging, we expect profit before tax to be above market expectations for the year as a whole. The gr
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