ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the sale of its first small-scale bespoke hydrogen production system to the University of Glamorgan (UoG) under a competitive tender process. The Proton Exchange Membrane electrolyser system will supply around 4kg of hydrogen per day, based on the Company’s HFuel© product platform. The ITM Power system will be integrated into UoG’s existing hydrogen dispensing system at its Renewable Hydrogen Research and Development Centre, located at Baglan Energy Park in South Wales.
The unit will be installed and commissioned by ITM Power staff and includes on-board telemetry to allow its performance to be monitored remotely from the Company’s production facility in Sheffield. ITM Power will also give ongoing support to the UoG to develop its renewable hydrogen system, incorporating the Company’s electrolyser and possible future capacity upgrades to the system.
Commenting for ITM Power Dr Graham Cooley said: “This is a key stage in the commercial development of ITM Power, having won our first competitive tender for an HFuel© system confirming our competitive price positioning. This sale will also allow ITM Power to gain valuable experience in integrating our technology with third party systems operating in real world applications. The Renewable Hydrogen Research and Development Centre at Baglan is a valuable national resource that I am sure will play a significant role in developing the future energy policy of the country. We are proud to play our part in its important work.”
For further information please visit www.itm-power.com or contact:
ITM Power plc,
Graham Cooley, CEO,
0114 244 5111
Nomura Code Securities Limited
Juliet Thompson / Dr Christopher Golden
+44 (0)20 7776 1200
Simon Hudson / Andrew Dunn,
020 7920 3150