Sale of 1.25MW Electrolyser

18th November 2016
Dr Simon Bourne, Chief Technology Officer, ITM Power inside the Thüga Group’s Power-to-Gas plant in Frankfurt am Main, Germany

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed a sales contract for the supply of a 1.25 MW, 50-bar electrolyser unit. The unit will be deployed at an ethylene production plant. The purchaser of the equipment is a major EPC contractor.

For further information, please visit www.itm-power.com or contact:
ITM Power plc Graham Cooley, CEO +44 (0)114 244 5111
Zeus Capital Andrew Jones / Dan Bate / Hugh Kingsmill Moore +44 (0)20 3829 5000
Tavistock Simon Hudson / James Collins +44 (0)20 7920 3150

About ITM Power plc:
ITM Power manufactures integrated hydrogen energy solutions which are rapid response and high pressure that meet the requirements for grid balancing and energy storage services, and for the production of clean fuel for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. The Company received £4.9m as a strategic investment from JCB in March 2015. The Company signed a forecourt siting agreement with Shell in September 2015. The Group currently has £17.77m of projects under contract and a further £2.43m of contracts in the final stages of negotiation, totaling £20.2m, subject to exchange rate variation. ITM Power is a founder member of the Social Stock Exchange. www.itm-power.com



Rebecca Markillie
Marketing & Communications
E: rlm@itm-power.com
Recent stories
  • 100MW Power-to-Gas (P2G) energy storage feasibility study

    28th September 2018
    ITM Power is pleased to announce funding from Innovate UK for a feasibility study to deploy a 100MW Power-to-Gas (P2G) energy storage project, “Project Centurion” at Runcorn, Cheshire, UK.
  • ITM Power Opens Seventh Hydrogen Refuelling Station at Johnson Matthey’s Swindon site on M4 corridor

    26th September 2018
    ITM Power and Johnson Matthey are pleased to announce the opening of ITM Power’s seventh public access hydrogen refuelling station (HRS) located at Johnson Matthey, Swindon on the M4 corridor. The opening is being supported by Toyota, Hyundai and Honda who will also present and participate in a Q&A session. Attendees will also be able to experience a zero emission journey in a Fuel Cell Electric Vehicle (FCEV) Ride and Drive which will be available at the opening.
All news stories