ITM Power consortium wins £9.4m in government funding

22nd Nov 2021 08:58

(Sharecast News) - ITM Power said on Monday that the Green Hydrogen for Scotland Consortium had been successful in its application for funding from the Energy Innovation Portfolio competition run by the Department of Business Energy Innovation and Skills (BEIS).

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Jefferies initiates coverage of ITM Power at 'buy'

9th Nov 2021 13:19

(Sharecast News) - Jefferies initiated coverage of ITM Power on Tuesday with a 'buy' rating and 800p price target.

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ITM Power agrees heads of terms to buy new Sheffield site

9th Nov 2021 10:50

(Sharecast News) - Energy storage and clean fuel technology company ITM Power has agreed heads of terms to acquire a site for its second UK factory in Tinsley, Sheffield, from the University of Sheffield, it announced on Tuesday, at a cost of £13.4m.

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ITM Power slumps after discounted share placing

15th Oct 2021 08:02

(Sharecast News) - Energy storage and clean fuel specialist ITM Power's placing of new shares was oversubscribed.

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ITM Power hydrogen consortium awarded European grant

8th Oct 2021 11:16

(Sharecast News) - Energy storage and clean fuel technology company ITM Power announced on Friday that the 'Refhyne II' consortium had been awarded a grant of €32.4m (£27.49m) by the European Climate, Infrastructure and Environment Executive Agency 'CINEA' for the development of a 100 MW electrolyser at Shell's Energy and Chemicals Park in Germany's Rhineland.

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Push for 'net zero' emissions could have significant impact on inflation, Capital Economics says

28th Sep 2021 10:47

(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.

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Berenberg downgrades ITM Power to 'sell' as risks materialise

14th Sep 2021 15:34

(Sharecast News) - Analysts at Berenberg downgraded their recommendation and cut their target price for shares of ITM Power following the 'green' hydrogen specialist's full-year results.

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ITM Power FY underlying losses widen

13th Sep 2021 07:39

(Sharecast News) - Hydrogen energy solutions manufacturer ITM Power said on Monday that full-year underlying losses had widened despite a jump in annual revenues.

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Citi stays at 'buy' on ITM Power after Linde inks deal with Infineon

19th Aug 2021 14:51

(Sharecast News) - Analysts at Citi kept their recommendation for shares of ITM Power at 'buy/High Risk' after its joint-venture partner, Linde, inked a deal for the British company's technology with chipmaker Infineon.

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Thursday broker round-up

19th Aug 2021 14:45

(Sharecast News) - InterContinental Hotels Group: Peel Hunt upgrades from reduce to hold with 4,600.0p target price.

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JP Morgan prefers ITM Power over NEL ASA, stays 'overweight' but cuts target

16th Jul 2021 12:04

(Sharecast News) - Analysts at JP Morgan told clients they preferred shares of ITM Power over those of rival NEL ASA, arguing that the latter would be a relative winner among electrolyser original equipment manufacturers in the back half of 2021.

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Rishi Sunak to announce £15bn green finance plan

1st Jul 2021 09:11

(Sharecast News) - Chancellor Rishi Sunak is set to launch a green finance plan worth £15bn and a savings plan that will help to fund green jobs.

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Citi stays at 'buy' on hydrogen shares, sees significant upside

21st Jun 2021 13:33

(Sharecast News) - Citi stayed at a 'buy' on European names in the hydrogen space, telling clients that their shares had found a "base" following recent price drops.

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Tuesday broker round-up

15th Jun 2021 13:39

(Sharecast News) - Page Group: Morgan Stanley downgrades to underweight with a target price of 545p.

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RBC initiates coverage of ITM Power

15th Jun 2021 13:13

(Sharecast News) - RBC Capital Markets has initiated coverage of hydrogen electrolyser manufacturer ITM Power with a target price of 310p.

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