5th April 2018
ITM Power is pleased to announce the award of a grant from the Massachusetts Clean Energy Center (MassCEC) to undertake a multi-MW Power-to-Gas (P2G) feasibility study for the Massachusetts region.
29th March 2018
ITM Power announce the award of a grant from the British Columbia Government Ministries of Energy, Mines and Petroleum Resources and Jobs, Trade and Technology to undertake a Power-to-Gas (P2G) feasibility study.
27th March 2018
ITM Power, along with Shell opens the first ‘under the canopy’ in the UK – at Beaconsfield Services on the M40. This new hydrogen refuelling station, situated at one of the busiest service stations in the UK, will be fully owned and operated by ITM Power.
26th March 2018
ITM Power is pleased to announce that a consortium including ITM Power, Shell, Toyota, Honda and Hyundai has won £8.8 million in funding from the Department for Transport “DfT” to improve access to an expanded network of hydrogen refuelling stations to support the continued roll out of hydrogen fuel cell electric vehicles (FCEVs) in the UK.
29th January 2018
ITM Power announces its half year results for the six month period ended 31 October 2017 with significant commercial progress, financial position strengthened by £29.4m working capital fundraise
18th January 2018
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Shell that it is building, with ITM Power, a new hydrogen electrolysis plant, the largest of its kind in the world.
29th December 2017
ITM Power announce the formation of ITM Power Pty Ltd, a wholly owned subsidiary incorporated in Australia to develop the market for ITM Power’s rapid response electrolyser technology. Dr. Neil Thompson has been appointed Managing Director (“MD”) of the newly formed company. ITM Power is also pleased to announce membership of Hydrogen Mobility Australia.
30th November 2017
ITM Power announce an update on trading and operations for the period since the announcement of its successful placing and open offer on 29 September 2017. The Company maintains its focus on increasing commercial sales and currently has £20.2m of projects under contract and a further £22.4m of contracts in the final stages of negotiation. The total of £42.6m is an increase of £5.9m in the two months since the placing and open offer announcement.
9th November 2017
ITM Power announce that it has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of the Energy Storage Feasibility Study Competition launched in January 2017 to collaborate with Northern Gas Networks (NGN) to undertake a study examining the potential deployment of large-scale Power-to-Gas energy storage. The Company’s order pipeline stands at £19.9m of projects under contract and £20.4m of contracts in the final stages of negotiation, totalling £40.3m (subject to exchange rate variation).
25th October 2017
ITM Power announce Peter Hargreaves, a Non-executive director since 2003, has notified the Company of his intention to step down from the Board with effect from 31 October. Peter Hargreaves said, “I am proud that I have been involved with ITM Power from the time I encouraged the founders to start the Company. As I look back, I honestly feel that ITM Power is now at its most commercially and financially viable since its foundation.