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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ITM Power agrees increase in power supply for testing

14th Mar 2023 14:12

(Sharecast News) - Hydrogen energy specialist ITM Power announced an agreement with Power On Connections on Tuesday, to increase its power supply at Bessemer Park by 300%.

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ITM Power sees 1H operating loss widen sharply, announces strategy changes

31st Jan 2023 08:08

(Sharecast News) - ITM Power saw its operating losses bloat over the half as it continued to struggle in its transition from a research and development outfit and into a volume manufacturer at scale.

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RBC slashes target on ITM Power, says capacity expansion and commercial credibility key

17th Jan 2023 12:11

(Sharecast News) - Analysts at RBC slashed their target price for shares of ITM Power, the energy storage and clean fuel company, from 500.0p to 260.0p.

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ITM Power warns FY results will be 'materialy different' to current guidance

16th Jan 2023 08:33

(Sharecast News) - Energy storage firm ITM Power warned on Monday that its full-year results would now be "materially different" to current guidance, with both lower revenues and a larger underlying loss.

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ITM Power delays trading update as CEO departs

1st Dec 2022 08:53

(Sharecast News) - ITM Power announced the resignation of Graham Cooley as its chief executive officer on Thursday, with immediate effect.

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ITM Powers appoints Linde's Dennis Schulz as CEO

25th Nov 2022 08:15

(Sharecast News) - Energy storage and clean fuel company ITM Power said on Friday that it has appointed Dennis Schulz as chief executive officer with effect from 1 December.

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