ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the sale of a 0.5MW Electrolyser and some associated hydrogen energy equipment for £0.73m.

ITM Power is pleased to note the announcement made by the UK government’s Office of Low Emission Vehicles (OLEV) on 18 March of £23 million boost for hydrogen-powered vehicles and infrastructure.

ITM Power is pleased to update the market on its progress in providing Hydrogen Refuelling Stations (HRS) in the UK. The Company currently has £17.35m of revenue under contract and £6.41m in the final stages of negotiation, making a total pipeline of £23.76m.