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Share Price Information for Itm Power (ITM)
Last checked at -
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Intraday Itm Power Share Chart
CORRECT: ITM launches efficiency improving Hybrid Stack
(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.
Latest ITM News
- ITM Power signs deal to supply 8MW electrolyser
30 Apr 2020 - ITM Power wins first-stage decarbonisation deployment project
16 Apr 2020 - UK should spend over ?8bn in next budget to effectively decarbonise economy
4 Mar 2020 - ITM Power Secures UK Government Funding For Gigastack Project
18 Feb 2020 - ITM Power's Gigastack project gets ?7.5m in funding
18 Feb 2020 - First Berlin Equity downgrades ITM Power, but raises target
13 Feb 2020 - EU set to boost hydrogen and recycling in new industrial plan
28 Jan 2020 - ITM Power bottom line hit by legacy projects and lower grant income
27 Jan 2020
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