Each to their own... I've certainly got a few of these too in my long term portfolio too... With 30+ years until I retire, I'm expecting this one to start bearing fruit long before then and possibly pay a decent part of mortgage off.
Lithium shares are currently creating a buzz on AIM and if the 'future' hydrogen economy kicks off, shares like this could become one of the next sectors of interest.
This is in response to utility and oil and gas industry demand for larger scale industrial installations. ITM Power has sold a number of MW scale plants over the last year and is now responding to enquires for much larger plant for bus and heavy goods vehicle refuelling stations in the 1MW to 10MW range and, increasingly, industrial applications ranging from Power-to-Gas,
Thought it's worth highlighting part of December rns, if this isn't a company maker then I don't know what is
12 December 2016
ITM Power plc
("ITM Power" or the "Company")
100MW electrolyser plant designs to be launched at Hannover
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it will be showcasing a series of large scale electrolyser configurations up to 100MW in size at HANNOVER MESSE 2017. This is in response… Read More
Great little article there realdeal2... It is also good to see references to several geographies where ITM are already in operation. If we were to even get a small fraction of those 5,000 refuelling stations, we would be onto a winner.
WASHINGTON, Jan. 19, 2017 /PRNewswire/ -- Close to 5 thousand hydrogen fueling stations will be deployed globally by 2032, says a report published by Information Trends. At the same time, Audi and Mercedes-Benz are getting ready to rollout fuel cell vehicles on the heels of rollouts of hydrogen-powered vehicles by Toyota, Honda, and Hyundai.
The research report, "Global Market for Hydrogen Fueling Stations," says the deployment of hydrogen stations in major markets is in full… Read More
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