1st September 2017
ITM Power join the GNVERT – VAN HOOL consortium to supply hydrogen for the first hydrogen bus route in Pau, France.
25th August 2017
ITM Power announces preliminary results for the year ended 30 April 2017. The Group currently has £17.8m under contract and a further £17.6m in the final stages of negotiation, constituting a total pipeline of £35.5m having recognised £6.3m of income in H2 2017.
21st August 2017
ITM Power is pleased to note the launch of the UK Government’s “The Hydrogen for Transport Programme”. In March 2017, the Government announced additional funding to support the development of hydrogen for transport until 2020. The Hydrogen for Transport Programme (HTP) will provide up to £23m to increase the uptake of hydrogen fuel cell vehicles and grow the UK hydrogen refuelling infrastructure. The funding competition for the programme has now been launched with an application deadline of 9am on Monday 16 October.
7th August 2017
ITM Power announce that it will be launching a series of large scale refuelling station designs at Hydrogen + Fuel Cells North America, part of the SolarPower International Conference in Las Vegas. Also a significant increase in its order pipeline of £4.87m, which has been added over the last two weeks.
26th July 2017
ITM Power is pleased to note the planned publication by the UK Government of a revised Air Quality Plan, under which, according to media reports, it is proposed to ban the sale of petrol and diesel passenger cars (including hybrids) by 2040.
11th July 2017
ITM Power is pleased to announce that it has signed a fuel contract with Honda (UK), who will purchase hydrogen at £10/kg. The contract covers fuel dispensed across ITM Power’s hydrogen refuelling network. The refuelling network has been financially supported by Innovate UK, Office for Low Emission Vehicles (OLEV) and the Fuel Cells and Hydrogen Joint Undertaking (FCH JU).
29th June 2017
ITM Power is pleased to announce the appointment of Investec Bank plc as nominated adviser and sole broker with immediate effect.
5th June 2017
ITM Power announces an update on its contract position and its activities in the rapidly developing market for refuelling fuel cell electric buses (FCEBs) to reduce air pollution in major cities.
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.