• Placing to raise £2.14 million (“the Placing”) and Shareholder Open Offer to raise up to approximately £3.74 million (the “Open Offer”)

    29th January 2016
    ITM Power is pleased to announce that the Company has raised £2.14 million before expenses, by way of a firm placing with institutional investors for 14,283,722 new ordinary shares at an issue price of 15 pence per share (“the Issue Price”). In addition, the Company will offer up to 24,934,135 new ordinary shares (the “Offer Shares”) for qualifying shareholders at the Issue Price potentially raising up to a further £3.74 million before expenses (the “Open Offer”). In each case these capital raisings are subject to shareholder approval.
  • Half Year Results for the Period ended 31 October 2015

    29th January 2016
    ITM Power announces its interim results for the six month period ended 31 October 2015. The company has recognised a total revenue and grant funding of £3.45m in the period. The company currently has £9.01m of projects under contract and a further £8.66m of contracts in final stages of negotiation, making a total pipeline of £17.67m (2014; £11.37), an increase of 55%.
  • CEME and ITM Power to develop a hydrogen hub in East London

    19th January 2016
    ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that following planning approval for a Solar Hydrogen Refuelling Station (SHRS) at The Centre for Engineering and Manufacturing Excellence (CEME), it has signed a memorandum of understanding with CEME.
  • Rapid Response Electrolysis for Power-to-Gas Energy Storage

    22nd December 2015
    ITM Power has achieved sub-second response times for both its refuelling station equipment and also its Power-to-Gas equipment. This qualifies ITM Power’s electrolyser systems for frequency response services more demanding than the existing primary grid balancing payment structure and has the potential to command higher availability payments. The Group currently has £11.36m of projects under contract and £7.71m of contracts in the final stages of negotiation.
  • Arup and ITM Power to collaborate on hydrogen energy and fuel systems

    7th December 2015
    ITM Power sign an agreement with Ove Arup & Partners Ltd (Arup) for siting and business development of both hydrogen refuelling stations and hydrogen energy systems.
  • PHAEDRUS: Advanced Refuelling Project

    27th November 2015
    ITM Power is pleased to announce the completion of the Phaedrus project. The project focussed on the development of an all electrochemical hydrogen refuelling station including on-site production by electrolysis.
  • Planning permission to construct a Hydrogen Refuelling Station at CEME

    24th November 2015
    ITM Power is pleased to announce that it has been granted full planning permission from Havering Borough Council to construct a Hydrogen Refuelling Station at The Centre for Engineering and Manufacturing Excellence (CEME) site in Rainham.
  • First Electrolyser station to achieve operational status under the CEC 2014 program.

    3rd November 2015
    ITM Power Inc., has achieved operational status for its Riverside, California hydrogen fuelling station. This is the first electrolyser based station to achieve this status under the California Energy Commissions (CEC) 2014 funding program for hydrogen fuelling stations.
  • ITM Power receives the UK’s First Toyota Mirai FCEV, and Signs Hydrogen Fuel Contract with Toyota

    19th October 2015
    ITM Power has signed its first fuel contract, with Toyota, covering the green hydrogen fuel dispensed from the three London HyFive refuelling stations and has officially received the first Toyota Mirai fuel cell electric vehicle (FCEV) to be delivered in the UK.
  • Toyota to Deliver Fleet of Mirai FCEVs to London

    13th October 2015
    ITM Power is pleased to note the announcement made this morning by the office of the Mayor of London that the capital will take delivery of a fleet of Toyota Mirai fuel cell electric vehicles. London has been named by Toyota as a key city for the early adoption of hydrogen vehicles