(Clarification on Hybrid Stack)
ITM Power PLC - Sheffield, England-based maker of electrolysers to produce green hydrogen - Launches Hybrid Stack to provide customers opportunity to benefit from an approximate 10% efficiency improvement. The hybrid stack retrofits ITM's new stack technology into older units so that clients get the benefit of newer technology. It also reduces electrolyser operating costs. ITM says: "The Hybrid Stack makes available advancements incorporated into our latest Trident stack platform, to earlier MEP generation electrolysers. In this way, operators of ITM electrolyser systems maintain access to our technology improvements as they become available."
Current stock price: 63.14 pence, down 1.3% on Wednesday
12-month change: down 32%
By Sabrina Penty, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.


(Sharecast News) - ITM Power revealed on Wednesday that non-executive director Warren East had acquired in the AIM-listed hydrogen economy business.


ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Non-Executive Director Warr...


(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday.


(Alliance News) - ITM Power PLC on Thursday said it was moving closer to achieving profit with the company reporting notable revenue growth while also...


(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that revenues had more than tripled in the 12 months ended 30 Apri...


(Sharecast News) - Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the cen...


ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Signs a contract with Shell...


(Sharecast News) - Energy storage and clean fuel business ITM Power has inked a contract for its REFHYNE II project following a recent positive final ...


ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Increases full-year financi...


(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/rewar...