ITM Power signs deal to supply 8MW electrolyser
30th Apr 2020 13:20
(Sharecast News) - Energy storage and clean fuel company ITM Power has signed an agreement to supply an 8MW electrolyser in the UK, it announced on Thursday.
Read moreITM Power wins first-stage decarbonisation deployment project
16th Apr 2020 15:34
(Sharecast News) - Energy storage and clean fuel company ITM Power has won, along with partner Element Energy, a first-stage deployment project in the UK Government's Industrial Strategy Challenge Fund competition 'Decarbonisation of Industrial Clusters', it announced on Thursday.
Read moreUK should spend over ?8bn in next budget to effectively decarbonise economy
4th Mar 2020 10:31
(Sharecast News) - A report by Lord Nicholas Stern urged Chancellor Rishi Sunak to spend over ?8bn in next week's budget on zero-carbon infrastructure and outlined the impact of climate change on the UK.
Read moreITM Power's Gigastack project gets ?7.5m in funding
18th Feb 2020 11:49
(Sharecast News) - ITM Power announced on Tuesday that ?7.5m in funding has been awarded for the next phase of its new renewable hydrogen project Gigastack, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition.
Read moreFirst Berlin Equity downgrades ITM Power, but raises target
13th Feb 2020 15:52
(Sharecast News) - Analysts at First Berlin Equity Research downgraded their recommendation on shares of ITM Power following the company's latest interims, arguing that its valuation had gone too far.
Read moreEU set to boost hydrogen and recycling in new industrial plan
28th Jan 2020 12:54
(Sharecast News) - The European Union's new industrial strategy will give greater importance to hydrogen fuel for use in industry and recycling.
Read moreITM Power bottom line hit by legacy projects and lower grant income
27th Jan 2020 12:16
(Sharecast News) - Hydrogen power specialist ITM Power continued to build out its manufacturing capabilities over its most recent half-year, which also saw it beef up its balance sheet via a capital raise and the entry of Germany's Linde as a cornerstone investor.
Read moreITM Power incorporates joint venture with Linde
23rd Jan 2020 10:32
(Sharecast News) - Energy storage and clean fuel company ITM Power announced the incorporation of ITM Linde Electrolysis on Thursday - a joint venture company between ITM Power and Linde, which was first announced in October.
Read moreITM Power electrolyser in operation at hydrogen pilot project
2nd Jan 2020 15:45
(Sharecast News) - Energy storage and clean fuel company ITM Power was upbeat on Thursday, following an announcement from HyDeploy that the UK's first pilot project to inject zero carbon hydrogen into a gas network to heat homes and businesses was now fully operational.
Read moreITM Power inks collaboration agreement with Iwatani
19th Nov 2019 08:51
(Sharecast News) - Energy storage and clean fuel company ITM Power has signed a collaboration agreement with Iwatani Corporation of America, a wholly-owned subsidiary of Japan's Iwatani.
Read moreITM power surges after share option awards to top directors
29th Oct 2019 14:35
(Sharecast News) - Shares of ITM Power surged following news that it had awarded several of its top directors new options at an exercise price of 48.0p.
Read moreITM Power opens eighth public access hydrogen refuelling station
25th Oct 2019 09:45
(Sharecast News) - Energy storage and clean fuel company ITM Power opened its eighth public access hydrogen refuelling station in the UK, located at the Shell services, Gatwick Airport.
Read moreITM Power's full-year loss widens but Linde buys 20% stake
3rd Oct 2019 09:42
(Sharecast News) - ITM Power on Thursday reported a widened annual loss on the back of increased spending on research and development and for the production of prototypes, but confirmed a fundraise of as much as a £58.8m via a so-called 'cornerstone' investment, a placing with institutional investors and an open offer, alongside a collaboration agreement with German chemicals giant Linde.
Read moreITM Power wins government funding for hydrogen project
29th Aug 2019 10:29
(Sharecast News) - ITM Power on Thursday won UK government funding for the Gigastack feasibility study with its partners in the project, offshore win specialist Ørsted and low-carbon consultancy Element Energy.
Read moreITM Power pleased with trading as pipeline grows
30th May 2019 14:56
(Sharecast News) - Energy storage and clean fuel company ITM Power updated the market on its trading on Thursday, reporting that the delivery of completed projects increased "significantly" in the second half of its financial year ended 30 April, as expected.
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