May 2016

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce a series of UK hydrogen fleet user workshops and Ride & Drive events. This is in response to the Office of Low Emission Vehicles (OLEV) £2m FCEV Fleet Support Scheme which was launched on 10 May. The tour is organised in collaboration with Toyota, Hyundai, Arcola Energy, Symbio FC and GreenTomatoCars.

The road tour will start on Monday 23 May at the Advanced Manufacturing Park (AMP) in Rotherham for the first Fleet User Workshop where fleet managers can test drive the Toyota Mirai the Hyundai ix35 FC and a Symbio FC van. The road tour will then move to the following locations listed below, ending on 26 May. The OLEV call workshop will be on Friday 27 May at the Department for Transport (DFT), London and OLEV will also be presenting at an additional workshop, organised by Sheffield City Council in Rotherham on Monday 23 May. The road tour will also be visiting London's first LoCity Annual Conference.

Fleet User Workshops and Ride & Drives:

10:00, 23 May                     AMP, Brunel Way, Rotherham, S60 5WG

10:00, 24 May                     NPL, Hampton Rd, Teddington, Middlesex, TW11 0LW

10:00, 25 May                     LoCity Conference; Guildhall, Gresham St, London, EC2V 7HH

10:00, 26 May                     CEME, Marsh Way, Rainham, Essex, RM13 8EU

OLEV Call Workshops:

10:00, 23 May                     Advanced Manufacturing Park, Brunel Way, Rotherham, S60 5WG

13:00, 27 May                     DFT, Great Minster House, 33 Horseferry Road, London, SW1P 4DR

Booking for fleet managers:

To book attendance at a workshop please contact Richard Kemp-Harper on +44 800 689 0169 or email him at This email address is being protected from spambots. You need JavaScript enabled to view it.

About the FCEV Fleet Support Scheme:

The Government's Hydrogen for Transport Advancement Programme is funding the development of 12 hydrogen refuelling stations, a significant first step towards an initial national network of 65 stations. The first of the 12 stations are already complete and fully operational, the remainder will be operational before the end of 2016. Now that the stations are coming on-line the Government is launching a £2m Fuel Cell Electric Vehicle Fleet Support Scheme competition.

The competition is open to public sector fleets and to individual private enterprise fleets. It will provide support for vehicles deployed up until 30 April 2017 and for the cost of operating them for up to 3 years. Support will be available for the costs of: purchasing, leasing or renting vehicles, insurance, hydrogen fuel, fleet management, vehicle servicing, driver familiarisation, reporting and dissemination of experience. The deadline for bids for funding is 4 July 2016 and the Office for Low Emission Vehicles (OLEV) will be holding a workshop for potential applicants on 27 May. The aim is to announce successful bidders at the beginning of August 2016. Guidance for organisations applying for funding under this competition can be found at https://www.gov.uk/government/publications/hydrogen-fuel-cell-vehicles-funding-fleets-to-be-early-adopters. Information on the 27th May workshop is at section 2.8 of the guidance document.

For further information about ITM Power please visit www.itm-power.com or contact:

ITM Power plc

Graham Cooley, CEO

+44 (0)114 244 5111

Zeus Capital

Dan Bate / Andrew Jones / Hugh Kingsmill Moore

+44 (0)20 3829 5000

Tavistock Communications

Simon Hudson / James Collins

+44 (0)20 7920 3150


About ITM Power plc
ITM Power manufactures integrated hydrogen energy solutions which are rapid response and high pressure that meet the requirements for grid balancing and energy storage services, and for the production of clean fuel for transport, renewable heat and chemicals.  ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and is a founder member of the Social Stock Exchange. The company received £4.9m as a strategic investment from JCB in March 2015; signed a forecourt siting agreement with Shell in September 2015 and a fuel agreement with Toyota in October 2015. The Company currently has £13.85m of projects under contract and a further £6.49m of contracts in the final stages of negotiation constituting a total pipeline of £20.34m (subject to exchange rate variation). 

www.itm-power.com

About Arcola Energy
Arcola Energy offers a full range of deployment and on-going support services for hydrogen and fuel cell vehicle fleets. These include vehicle selection and sourcing, permitting, tracking and performance monitoring, technical support and maintenance. Working closely with vehicle manufacturers we thus provide assurance to fleet managers of smooth adoption and high reliability and availability. To help fleet customers maximise benefits and to ensure that drivers are confident working with these cutting-edge technologies, Arcola Energy also provides engaging, hands-on training and education services, as well as supporting wider public communications for local authorities and companies wishing to highlight the benefits of hydrogen powered fleets.

About GreenTomatoesCars
GreenTomatoesCars is the UK's first eco car service. The environment is the cornerstone on which our business has been built. The company has won more than 20 awards for our service and green credentials. GreenTomatoesCars have introduced a number of environmental firsts to London's private hire industry including: the first to use only hybrids; the first to offset all fleet emissions (offsetting 200%); the first to add electric vehicles to our fleet and the first operator to be ISO 14001 registered. Now Greentomatocars is thrilled to introduce the latest eco technology Toyota Mirai and is proud to be the only private car company to feature this model in London.

About the LoCity Conference:
LoCITY is a structured collaborative programme that brings together the full range of stakeholders needed to stimulate the uptake of low emission commercial vehicles. As London grows, so does traffic congestion and air pollution. This has a major, damaging impact on public health. Nearly 9,500 people die early each year in London because of poor air quality. LoCITY's first Annual Conference will showcase the work that has taken place during the first few months of the programme. It will provide an opportunity for delegates to discuss LoCITY's progress, learn from stakeholders and hear more about the programme's next steps.

Published in News

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to have officially launched its first public access hydrogen refuelling station in London at the National Physical Laboratory, Teddington. The station was opened to the public by Andrew Jones MP, Transport Minister at Department for Transport, and was supported by the automotive OEMs Hyundai, Toyota, Honda and Renault partner Symbio FCell, who also presented and participated in a Q&A session.  

The station is the first of three UK stations to be deployed as part of the pan European HyFive project, which was funded by the European Fuel Cell and Hydrogen Joint Undertaking (FCHJU) and the UK Government Office of Low Emission Vehicles (OLEV).

Transport Minister Andrew Jones MP, who today announced a £2 million government fund to support the roll-out of hydrogen vehicles in public and private sector fleets, said:

"We are committed to making all cars and vans zero-emission by 2050, and hydrogen vehicles have a huge role to play in delivering cleaner, greener journeys.

"The new refuelling station at Teddington is just one of 12 stations opening up this year, backed by £5 million of government funding, that will make it easier for more people to switch to this exciting new technology."

Located at the National Physical Laboratory in Teddington, the hydrogen refuelling station is close to the A316 and A308 trunk roads and is available for commercial and private fleets operating fuel cell electric vehicles.  Delegates took part in a 'ride and drive' that showcased a range of fuel cell electric vehicles including the Hyundai Ix35, the Toyota Mirai, and the Honda FCX Clarity.   

Commissioning teams from ITM Power and BOC Linde will now move on to commission and open a further four electrolyser based refuelling stations in and around London before the end of 2016.

Paul Van der Burgh, Toyota (GB) PLC President and Managing Director, said: "The opening of ITM Power's new filling station is an excellent example of how a coordinated hydrogen fuel infrastructure is successfully being developed in the UK. We are pleased to continue our support for the wider provision of hydrogen fuel outlets, which will encourage increased customer uptake of zero-emissions hydrogen fuel cell vehicles such as the Toyota Mirai saloon."

Tony Whitehorn, Hyundai Motor UK's President and CEO, said: "Hyundai UK is very pleased to see the launch of ITM Power's refuelling station at Teddington, under HyFive, and is looking forward to a further four stations planned to be deployed in London by ITM this year. It's very encouraging to see the infrastructure growing, making it even more feasible for businesses and consumers to own and run zero-emission fuel cell vehicles. This is very timely, supporting the growing interest and sales of the iX35 Fuel Cell car, and Hyundai Motor Group's plan to bring to market two new fuel cell vehicles by 2020."

Thomas Brachmann, Chief Project Engineer and Head of Powertrain Section, Honda R&D on behalf of Honda Motor Europe said "Honda is pleased to support the opening of ITM Power's new HyFive hydrogen refuelling station for public access at Teddington. Honda is encouraged to see this launch as part of the much needed network of stations required in the UK to support the introduction of its new Clarity Fuel Cell model."

Fabio Ferrari, CEO, Symbio FCell, said: "I am excited to launch the new Kangoo ZE H2 700 bar van at the opening of ITM Power's first refuelling station in London.  The higher pressure 700 bar storage capability enables the vehicle to refill at any European refuelling station and improve the vehicle range, and with ITM Power's program to extend the network of stations in and around London, clean emission journeys by public and private logistics organisations are now possible. This solution is today a real pollutant free alternative to the incumbent diesel powered vehicles, improving London air quality."

Dr Graham Cooley, CEO, ITM Power, commented: "We are extremely pleased to have launched the first of the company's HyFive hydrogen refuelling stations in London providing clean fuel for a range of fuel cell electric vehicle types that are now available from the auto OEMs.  ITM Power are grateful for the co-operation of our HyFive partners and for the funding support of FCH JU and OLEV.

ITM Power plc

Graham Cooley, CEO

+44 (0)114 244 5111

Zeus Capital

Andrew Jones / Dan Bate / Hugh Kingsmill Moore

+44 (0)203 829 5000

Tavistock Communications

Simon Hudson / James Collins

+44 (0)20 7920 3150


About ITM Power plc:
ITM Power manufactures integrated hydrogen energy solutions which are rapid response and high pressure that meet the requirements for grid balancing and energy storage services, and for the production of clean fuel for transport, renewable heat and chemicals.  ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO. Further funding rounds of £28.5m in 2006, £5.4m in 2012, £2m in 2013 and £10m in 2014 have been completed. The company received £4.9m as a strategic investment from JCB in March 2015. The Company currently has £13.94m of projects under contract and a further £6.52m of contracts in the final stages of negotiation constituting a total pipeline of £20.46m (subject to exchange rate variation).

www.itm-power.com

About HyFIVE
Hydrogen For Innovative Vehicles (HyFIVE) is an ambitious European project including 15 partners who will deploy 185 fuel cell electric vehicles (FCEVs) from BMW, Daimler, Honda, Hyundai and Toyota. To serve these vehicles, the project will create clusters of refuelling station networks in three parts of Europe, where six new stations (Danish Hydrogen Fuel, ITM Power and OMV) will be deployed linking them with 12 existing stations.

http://www.hyfive.eu/

About FCH JU
The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) is a unique public private partnership supporting research, technological development and demonstration activities in fuel cell and hydrogen energy technologies in Europe. Its aim is to accelerate the market introduction of these technologies, realising their potential as an instrument in achieving a carbon-lean energy system. The three members of the FCH JU are the European Commission, fuel cell and hydrogen industries represented by the NEW Industry Grouping and the research community represented by Research Grouping N.ERGHY

About OLEV
The HRS Infrastructure Grants Scheme was launched on the 2nd February 2015 by the Office for Low Emission Vehicles (OLEV) to support roll out of hydrogen infrastructure networks in the UK with the specific aim of encouraging the introduction of Hydrogen Fuel Cell Electric Vehicles (FCEVs). The HRS Infrastructure Grants Scheme will provided grant funding for selected infrastructure projects seeding development of hydrogen for road transport in the UK.

Published in News

Record visitors to ITM Power at the best-ever attended Hannover Fair

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce a marketing and communications update, ahead of its roll-out of five hydrogen refuelling stations in the UK.  The first station will be launched in collaboration with Toyota, Hyundai, Honda and Symbio FCell to raise market awareness of hydrogen fuel and the availability for lease and sale of fuel cell electric vehicles in the UK. In addition, it reports on a highly successful Hannover Messe, and forthcoming events in UK, Spain, France and USA.

Refuelling Station Commissioning & Openings
On 10 May, ITM Power will open its first London hydrogen refuelling station.  It will be located at the National Physical Laboratory in Teddington close to the A316 and A308 trunk roads and be open to the public.  This will be the first of three UK stations to be deployed within the HyFive project which is part funded by the European Fuel Cell and Hydrogen Joint Undertaking (FCH JU) and the UK's Office for Low Emission vehicles (OLEV).  Commissioning teams from ITM Power and Linde have been working closely together over the last few weeks, the station having recently completed its first 700 bar test refuels. This close cooperation will continue as the Company moves on to commission and open a further four electrolyser based refuelling stations in and around London before the end of 2016.

At the same event, Symbio FCell will launch the first of their 700 bar hydrogen fuel cell range extender Kangoo vans.  This exciting development sees the introduction of ultra - low emission commercial vans that can operate up to a range of 275 miles.  This addresses the critical need for clean emission deliveries and logistics services undertaking operations within London's Low Emission Zone. Together with its partners, ITM Power will offer the integrated package of zero emission commercial vehicles, on-site fuel and after-sales support for UK commercial fleet operators.

The second HyFive station will be located at the Centre of Engineering and Manufacturing Excellence situated on the A13 in Rainham, close to both Canary Wharf and the M25. The third HyFive station will be located on a Shell forecourt, the site having already received planning permission.  Both stations will be open to the public in summer 2016.

A further two hydrogen refuelling stations will be opened in 2016 under a different scheme, Hydrogen Mobility Europe (H2ME) which is also part funded by the FCH JU and OLEV.  Planning permission for two prospective H2ME sites has already been granted. To date ITM Power has had 16 UK hydrogen refuelling station planning applications approved from 10 different local authorities.

Hannover Messe from 25 to 29 April 2016

This year's Hannover Messe attracted a record attendance of over 190,000 visitors including some 5,000 from the USA and 6,000 visitors coming from China. U.S. President Obama had three ministers in his delegation. Five of the most important EU Commissioners were at the event, including Vice-President of Energy, Maros Sefcovic, who visited ITM Power's stand and met with Dr Cooley to discuss Power-to-Gas, Energy Storage in Europe.

This year the Company exhibited a complete 0.3MW HGas180 electrolyser system and a 1.5 MW stack module. The stand attracted the highest level of interest in the Company's 6th year of attendance, resulting in a large number of expressions of interest which the Company will follow up and convert into quotations.  In particular, ITM Power's MW scale Power-to-Gas products attracted a significantly higher level of interest.  ITM Power also gave a number of presentations, had displays in the Integrated Energy Plaza and in the Research and Technology hall, directing visitors to the Company's main stand.

Having been nominated for the prestigious Hermes Award, often referred to as the "Oscars of Industry" in Germany, the Company's HGas product was placed in the top five.  This was recognized at the opening ceremony that was attended by U.S. President Obama and German Chancellor Merkel, and the Company was awarded with a certificate by the German Federal Minister for Education and Research, Dr Johanna Wanka on the first day of the exhibition. 

Other Important Exhibitions

ITM Power will be continuing its marketing programme by participation at the following key events:

·     Exhibiting and presenting at the World Hydrogen Energy Conference in Zaragoza, Spain from June 13 - 16

·     Exhibiting and presenting at All-Energy, in Glasgow from May 4 - 5

·     Attend the Spring Summit at ACT Expo in Long Beach CA May 2 - 5

·     Presenting at The Annual General Meeting of the Hessen Agentur's H2&FC Initiative (attending as an active board member)

·     Presenting atthe dena-Strategieplattform Power to Gas Workshop, Berlin in May

·     Presenting at "Rethink Methane" in Sacramento and "Large scale energy storage towards the 100% renewable mandate" in Hawaii. June 29-30

·     Presenting at "Hydrogen in territories" in Grenoble June 29 - 30

·     Presenting at DLR Lampoldshausen (German Aerospace Centre) in Baden Württemberg on July 7

This builds on recent activity in the USA, Germany and France:

·     Attendance at the Annual Energy Storage Association Conference, the California Energy Commission workshop "Light Duty Vehicle Hydrogen Refuelling Infrastructure" in Sacramento

·     Attendance at the Energy Lunch in Jefferson County WA April 21

·     Attendance the "Hydrogen Energy in Texas Summit" held on Earth Day in Dallas Texas

·     Presenting "Commissioning and Operational Experience of ITM's German P2G plants" to closed workshop of several German Stadtwerke at Gütersloh, North Rhine Westphalia

·     Exhibited at The 5th World of Energy Storage conference and trade fair - Düsseldorf

·     Presentation at 16th Global energy village 2016, in Salzburg, Austria

·     Presented at the Hyvolution exhibition and conference in Paris

ITM Power CEO, Dr. Graham Cooley, said: "The opening of five public access hydrogen refuelling stations in London before the end of 2016 is a big task.  It represents the culmination of several years of diligent work and allows the Company to demonstrate its ability to deliver large and complex projects.  Combined with our well targeted marketing and rapidly developing sales pipeline, I believe the Company is in a very exciting stage of growth and I look forward to updating the market on further developments as appropriate."

For further information please visit www.itm-power.com or contact:

ITM Power plc

Graham Cooley, CEO

+44 (0)114 244 5111

Zeus Capital

Dan Bate / Andrew Jones / Hugh Kingsmill Moore

+44 (0)20 3829 5000

Tavistock Communications

Simon Hudson / James Collins

+44 (0)20 7920 3150


About ITM Power plc
ITM Power manufactures integrated hydrogen energy solutions which are rapid response and high pressure that meet the requirements for grid balancing and energy storage services, and for the production of clean fuel for transport, renewable heat and chemicals.  ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and is a founder member of the Social Stock Exchange. The company received £4.9m as a strategic investment from JCB in March 2015; signed a forecourt siting agreement with Shell in September 2015 and a fuel agreement with Toyota in October 2015. The Company currently has £13.80m of projects under contract and a further £6.28m of contracts in the final stages of negotiation constituting a total pipeline of £20.07m (subject to exchange rate variation).

www.itm-power.com

About HyFIVE
Hydrogen For Innovative Vehicles (HyFIVE) is an ambitious European project including 15 partners who will deploy 185 fuel cell electric vehicles (FCEVs) from BMW, Daimler, Honda, Hyundai and Toyota. To serve these vehicles, the project will create clusters of refuelling station networks in three parts of Europe, where six new stations (Danish Hydrogen Fuel, ITM Power and OMV) will be deployed linking them with 12 existing stations.

http://www.hyfive.eu/

About H2ME
The H2ME project brings together Europe's four most ambitious initiatives on hydrogen mobility in Germany, France, Scandinavia and the UK and will deploy 200 FCEV from Daimler and Hyundai and 125 Range extender vans and 28 new HRS.

http://h2me.eu/

About FCH JU
The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) is a unique public private partnership supporting research, technological development and demonstration activities in fuel cell and hydrogen energy technologies in Europe. Its aim is to accelerate the market introduction of these technologies, realising their potential as an instrument in achieving a carbon-lean energy system. The three members of the FCH JU are the European Commission, fuel cell and hydrogen industries represented by the NEW Industry Grouping and the research community represented by Research Grouping N.ERGHY

About OLEV
The HRS Infrastructure Grants Scheme was launched on the 2nd February 2015 by the Office for Low Emission Vehicles (OLEV) to support roll out of hydrogen infrastructure networks in the UK with the specific aim of encouraging the introduction of Hydrogen Fuel Cell Electric Vehicles (FCEVs). The HRS Infrastructure Grants Scheme will provided grant funding for selected infrastructure projects seeding development of hydrogen for road transport in the UK.

About Hannover Messe 2016
The world's leading trade fair for industrial technology ran from 25 to 29 April 2016 in Hannover, Germany. HANNOVER MESSE 2016 featured five parallel shows: Industrial Automation, Energy, Digital Factory, Industrial Supply and Research & Technology. Major emphasis was placed on the following topics: Industry Automation & IT, Energy & Environmental Engineering, Innovative Subcontracting Solutions, and Research & Development. The United States of America was honored as the Partner Country of HANNOVER MESSE 2016.

www.hannovermesse.de/home

Published in News

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ITM POWER HEAD OFFICE
22 Atlas Way
Sheffield
S4 7QQ
+44 (0)114 244 5111

Investor Relations


TAVISTOCK COMMUNICATIONS
Simon Hudson
1 Cornhill
London
EC3V 3ND
+44(0) 20 7920 3150

ITM Power is a public limited company registered in England and Wales. Company Number 05059407