ITM Power taps Amy Grey to take over as CFO

12th Sep 2024 09:46

(Sharecast News) - Energy storage and clean fuel company ITM Power has tapped Amy Grey to take over as chief financial officer, succeeding Andy Allen.

Read more

ITM Power FY revenues more than triple, guidance disappoints

15th Aug 2024 07:59

(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that revenues had more than tripled in the 12 months ended 30 April.

Read more

Thursday preview: US retail sales, ITM Power in the spotlight

14th Aug 2024 15:30

(Sharecast News) - Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the central bank's mid-September meeting approaches.

Read more

ITM Power secures deal with Shell for REFHYNE II project

13th Aug 2024 07:16

(Sharecast News) - Energy storage and clean fuel business ITM Power has inked a contract for its REFHYNE II project following a recent positive final investment decision from industry giant Royal Dutch Shell.

Read more

RBC Capital reiterates 'outperform' on ITM Power

2nd Aug 2024 10:18

(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.

Read more

ITM Power flags narrower loss than expected in 2024

2nd Aug 2024 08:35

(Sharecast News) - ITM Power updated its guidance for the financial year ended 30 April on Friday, with an improved EBITDA outlook.

Read more

ITM Power inks capacity reservation with utility provider

16th Jul 2024 15:12

(Sharecast News) - ITM Power announced the signing of a capacity reservation agreement with a large utility company on Tuesday, securing future production capacity for its NEPTUNE II units.

Read more

ITM Power inks 500MW capacity reservation deal

8th Jul 2024 09:34

(Sharecast News) - ITM Power announced a significant capacity reservation agreement with a major global industrial customer on Monday, securing 500MW of future production capacity for ITM Power's advanced electrolyser stacks.

Read more

ITM Power FY losses better-than-expected

6th Jun 2024 08:59

(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that full-year underlying losses were better than initially expected as it worked to attain "a positive operating rhythm" throughout the twelve months ended 30 April.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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%.

Read more

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.

Read more