(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.


ITM Power green hydrogen project consortium gets EUR32 million grant


(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly...


LONDON BROKER RATINGS: HSBC lifts Compass to Buy; RBC cuts JTC


(Sharecast News) - Analysts at Berenberg downgraded their recommendation and cut their target price for shares of ITM Power following the 'green' hydr...


LONDON BROKER RATINGS: Barclays downgrades BHP; Berenberg cuts ITM


LONDON BRIEFING: Online grocer Ocado sees lower revenue, rising costs


AIM WINNERS & LOSERS: Uranium rally boosts Aura; Gamma downgraded


ITM Power reports narrowed loss in full year as revenue increases