ITM Power and Linde green hydrogen deal is transformational
The deal also provides validation of the company’s electrolyser technology and was the culmination of a five-year relationship with the with German gases giant
Company
ITM Power PLC
LON:ITM
ITM Power specialise in the manufacture of integrated hydrogen energy systems. Founded in June 2001, the company floated on the Alternative Investment Market (AIM) in 2004 and was the first United Kingdom-based fuel cell company to go public. ITM Power operates out of two premises in Sheffield, UK with further offices in Germany, France the USA and Canada.
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Hardware & electrical equipment
ITM Power heads higher after Linde AG takes 20% stake
Linde will appoint a non-executive director to the board once the fundraising has been completed
Hardware & electrical equipment
ITM Power appoints Martin Green as non-executive director
Green replaces Lord Roger Freeman who is retiring from the board.
Hardware & electrical equipment
ITM Power secures government funding for Gigastack feasibility study
The study aims to dramatically reduce the cost of producing green hydrogen by scaling the production process
Hardware & electrical equipment
ITM Power notes Australian government endorsement of renewable project
"This is a great project for us and a chance to work closely with BOC, a company we know well globally, in Australia," ITM Power said.
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ITM Power inks agreement for new manufacturing base in Sheffield
“I am delighted to be able to announce this key milestone in the project," said Dr Graham Cooley.
Hardware & electrical equipment
ITM Power announces completion of 300MW renewable hydrogen feasibility study
The energy storage and clean fuel company said the results would be used to consider the installation of potentially the world's largest hydrogen production facility in British Columbia
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e-therapeutics jumps as share overhang created by Woodford’s need to liquidate assets further cleared
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ITM Power announces opening of Gasunie’s Hystock green hydrogen plant
ITM Power supplied the 1MW PEM electrolyser system which will use renewable energy and water to generate hydrogen
Hardware & electrical equipment
ITM Power and Shell 10MW electrolyser groundbreaking shows a collaboration primed for great success
The electrolyser, which features advanced polymer electrolyte membrane technology, is expected to be completed in the second half of 2020 and will be the largest of its kind
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Hardware & electrical equipment
ITM Power CEO says company "in the right place at the right time” as it delivers strong trading update
Graham Cooley told investors: “Total recognised revenue, our contracts backlog and quotations against tenders are all showing strong growth and the world outlook for green hydrogen demand and electrolysers is very encouraging"
Investments and investor services
FTSE 100 regains ground at the close
The FTSE 100 closed 32.86 points higher at 7,218.16 on Thursday, just easing off its late afternoon high of 7,235
Hardware & electrical equipment
Climate report augurs well for hydrogen trailblazers
New government report on climate change looks to have great significance for companies such as ITM Power, AFC Energy and Ceres Power