CBI boss says government should 'fill in blanks' in plans to fight climate crisis

14th Jun 2021 08:37

(Sharecast News) - Confederation of British Industry boss Tony Danker said that the world is "way off track" in its fight against climate change and the UK government should provide detailed guidance on how it plans to combat it.

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ITM Power upbeat despite dip in full-year revenues

10th Jun 2021 11:22

(Sharecast News) - ITM Power said on Thursday that its tender pipeline was "materially" ahead of expectations, fuelled by strong demand for renewable energy, as it confirmed Covid-19 delays had dented full-year revenues.

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Monday broker round-up

24th May 2021 13:02

(Sharecast News) - Kainos: Canaccord reiterates hold with a target price of 1,515p.

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Cummins and Iberdrola to roll out 'green hydrogen' power in Spain

24th May 2021 12:40

(Sharecast News) - America's Cummins has selected Spain for the site of one of the world's biggest green-hydrogen electrolyser manufacturing plants.

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UK businesses could gain 'great prizes' in road to decarbonisation

24th May 2021 08:22

(Sharecast News) - British businesses have the opportunity to create 240,000 low-carbon jobs and boost green exports by billions of pounds in their road to decarbonisation and meeting climate targets over the next decade.

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IEA urges halt to fossil fuel investments to meet emissions targets

18th May 2021 15:51

(Sharecast News) - The International Energy Agency said on Tuesday that investment in fossil fuels must stop immediately in order to develop an energy sector with net-zero emissions by 2050.

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ITM Power launches separate, wholly-owned Motive subsidiary

4th May 2021 09:47

(Sharecast News) - Energy storage and clean fuel company ITM Power announced the establishment of ITM Motive as a separate, wholly-owned subsidiary of ITM Power on Tuesday.

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EU sets out classification for 'green investments'

21st Apr 2021 14:59

(Sharecast News) - The European Union has rolled out its classification system for what constitutes a "green investment" in order it was hoped to help investors better channel money towards the sector.

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Investors turn to renewable energy projects, coal financing costs rise

19th Apr 2021 08:59

(Sharecast News) - Investors shift towards increasingly mainstream renewable energy projects is driving up financing costs for those focused on coal.

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ITM Power sells electrolyser to partner Linde

19th Apr 2021 08:36

(Sharecast News) - ITM Power announced the sale of an 'HGas3SP' 2MW electrolyser and supporting equipment to its partner Linde on Monday, for the H2Pioneer project in Austria.

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ITM Power partnership seeks approval for UK's largest onshore wind farm

12th Apr 2021 08:33

(Sharecast News) - Energy storage and clean fuel technology company ITM Power updated the market on the 'Green Hydrogen for Glasgow' project with partners ScottishPower and BOC on Monday, reporting that a planning application had now been made for a 20MW electrolyser to be sited at ScottishPower Renewables' Whitelee Wind Farm near Glasgow.

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Morgan Stanley sees ITM Power sales growing at 70% CAGR over decade to 2030

9th Apr 2021 11:28

(Sharecast News) - Analysts at Morgan Stanley started coverage on shares of ITM Power at 'overweight', arguing that the makers of electrolysers might be "strong" beneficiaries of the trend towards 'Green hydrogen'.

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Barclays starts ITM Power at 'overweight', firm to be at forefront of 'decarbonisation'

30th Mar 2021 13:21

(Sharecast News) - Analysts at Barclays started coverage of ITM Power at 'Overweight' with an 800.0p target price, arguing that the firm was likely to be near the forefront of many industries' and governments' decarbonisation strategies.

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ITM Power sells MW-scale electrolyser to Sumitomo

18th Mar 2021 11:06

(Sharecast News) - Energy storage and 'clean fuel' technology company ITM Power announced the sale of a 1.4MW electrolyser to Sumitomo Corporation on Thursday.

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Wednesday broker round-up

24th Feb 2021 13:56

(Sharecast News) - Greencore: HSBC upgrades to buy with a target price of 170p.

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