18th April 2017
ITM Power announce an update on trading and operations covering the period since the £5.7m Working Capital Fundraise and Interim Results announcement on 26 January 2017. The Company currently has £22.64m of projects under contract and a further £1.72m of contracts in the final stages of negotiation constituting a total pipeline of £24.36m.
3rd April 2017
ITM Power has signed a contract for the deployment of 3MW of electrolysis in the UK with some associated hydrogen energy equipment. Further details will be made available, including the location and application, when possible. The Company currently has GBP21.79m of revenue under contract and GBP2.86m in the final stages of negotiation, making a total pipeline of GBP24.64m.
27th March 2017
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.
20th March 2017
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.
13th March 2017
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.
22nd February 2017
ITM Power announces, with Shell, the official opening of the first hydrogen station to be situated on a forecourt in the UK. The hydrogen refuelling station is located at Cobham services on the M25, the nation’s busiest refuelling station. The station is ITM Power’s fourth public hydrogen refuelling station to be opened in the UK.
26th January 2017
ITM Power announce a successful placing to raise £5.7 million and its interim results for the six-month period ended 31 October 2016. The Group has recognised total revenue and grant funding of £2.97m in the period and currently has £16.98m of projects under contract with a further £1.37m of contracts in the later stages of negotiation, making a total pipeline of £18.35m. In the 2016 calendar year, orders have totalled £15.68m, representing an increase of 100% year on year.
11th January 2017
ITM Power announce the sale of a Euro 0.7 million electrolyser system to a global specialty gas company by competitive tender.
12th December 2016
ITM Power announce that it will be showcasing a series of large scale electrolyser configurations up to 100MW in size at HANNOVER MESSE 2017. This is in response to utility and oil and gas industry demand for larger scale industrial installations.
1st December 2016
ITM Power note a new package of proposed directives announced yesterday by the European Commission – “Clean Energy for All Europeans – unlocking Europe’s growth potential”. The directives will have a significant effect on the uptake of Power-to-Gas (P2G) energy storage and green hydrogen fuel made by electrolysis across Europe.