Key Developments: ITM Power PLC (ITM.L)

ITM.L on London Stock Exchange

2 Oct 2015
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Latest Key Developments (Source: Significant Developments)

ITM Power plc says Agreement with Symbio FCell and Arcola Energy
Thursday, 1 Oct 2015 02:00am EDT 

ITM Power plc:Says it has signed an agreement with Symbio FCell and Arcola Energy to provide an integrated package of zero emission commercial vehicles, on-site fuel and after-sales support for UK commercial fleet operators.Says The agreement is to work together to provide fleet customers with the assurance of a one-stop complete solution including preparation, insurance, site approvals, vehicle registration and staff training.  Full Article

ITM Power Plc announces forecourt siting partnership
Thursday, 10 Sep 2015 07:23am EDT 

ITM Power Plc:Signs strategic siting partnership with Shell for delivery of Hydrogen Refuelling Stations (HRS) on three Shell retail forecourts in UK.Says these three HRS deployments will be the first to be integrated onto forecourts in the UK.  Full Article

ITM Power gets contract of 1.79 mln Pounds
Thursday, 16 Apr 2015 02:00am EDT 

ITM Power Plc:To supply an integrated hydrogen system for use at the European Marine Energy Centre (EMEC) tidal test site on Eday, Orkney, Scotland.The system's principal component is a 0.5MW polymer electrolyte membrane (PEM) electrolyser with integrated compression and up to 500 kg of storage.It has also offered an additional maintenance contract alongside the integrated system as well as a fuel cell for local back up power.The total contracted value of the project is 1.79 mln Pounds.  Full Article

ITM Power PLC announces 2.89 mln pounds award for two new London refuelling stations
Friday, 27 Mar 2015 12:20pm EDT 

ITM Power PLC:Says it has been awarded a total of 2.89 mln pounds by the Hydrogen Refuelling Stations (HRS) Infrastructure Grants Scheme, run by the Office of Low Emission Vehicles (OLEV).Award is to build two new HRS in London, sited with strategic partners and for the upgrading of four existing ITM Power refuelling stations.  Full Article

ITM Power Plc successfully delivers rapid response Power-to-Gas PEM electrolyser system
Wednesday, 18 Feb 2015 02:00am EST 

ITM Power Plc:Successfully delivers rapid response Power-to-Gas PEM electrolyser system sold to RWE Deutschland AG within 10 weeks of receiving order.  Full Article

ITM Power Plc secures contract with AMEC and National Grid
Thursday, 18 Dec 2014 02:00am EST 

ITM Power Plc:Secures a second commercial contract from AMEC Foster Wheeler plc and National Grid plc.Says contract is to create the business case for widespread deployment of Power-to-Gas energy storage technology to reduce the energy losses in the gas network.Says second follow-on project will build on the Phase 1 Technical Feasibility and identify specific sites on the gas network where Power-to-Gas can be advantageously deployed.  Full Article

ITM Power Plc signs joint letter of understanding
Monday, 17 Nov 2014 02:01am EST 

ITM Power Plc:Signs joint Letter of understanding at the Fuel Cells and Hydrogen Joint Undertaking's (FCH JU) Stakeholders Forum in Brussels.This commercialisation initiative for fuel cell buses launched by the FCH JU and supported by the signing manufacturers and bus operators from European cities such as Hamburg and London, aims at deploying a total volume of 500 - 1,000 fuel cell buses in Europe until 2020.  Full Article

ITM Power PLC receives 2.8 mln pounds contract to supply three refuelling stations in London
Thursday, 3 Apr 2014 02:00am EDT 

ITM Power PLC:Receives award of contract to supply three of its electrolyser-based refuelling stations to London under the EU FCH JU funded HyFive project announced by the Mayor of London's Office.The contract is worth about 2.8 mln pounds (3.3 mln euros) to ITM Power and brings the total value of product build under contract to 6.6 mln pounds.  Full Article

ITM Power Plc announces issue of shares
Friday, 31 Jan 2014 10:27am EST 

ITM Power Plc:Says the company has placed 33,333,333 new ordinary shares, through Zeus Capital as broker to the company, at a placing price of 0.30 pound per ordinary share with institutional and other investors to raise 10 mln pounds.Says the net proceeds of the Placing will be used to provide the Group with additional working capital and financial resources to develop their facilities in the UK, USA and Germany and otherwise for general working capital purposes.  Full Article

ITM Power Plc announces gas network optimisation contract with AMEC and National Grid
Friday, 24 Jan 2014 02:00am EST 

ITM Power Plc:Says it has secured a commercial contract from AMEC and National Grid to assess the deployment of Power-to-Gas Energy Storage technology to reduce the energy losses in the gas network.  Full Article

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