Itm Power Share News (ITM)

(Sharecast News) - ITM Power announced on Friday that its MEP30 electrolyser stack has achieved UKCA marking.

The AIM-traded firm explained that, with the requirement for products deployed in the UK market after 31 December 2024, to bear the marking, it positioned ITM Power as a reliable UK-based partner for green hydrogen projects.

It explained that the UKCA marking certified that products comply with legislation coming into effect during the development and execution of green hydrogen projects.

ITM Power's MEP30 electrolyser stack is a self-pressurized stack that also retained its CE marking for the European Economic Area (EEA) market.

The stack forms the core component of ITM Power's proton exchange membrane (PEM) electrolyser product portfolio.

"Staying one step ahead, ITM are also the first to announce UKCA accreditation, future proofing and demonstrating continual developing of their products ensuring compliance with legislation crucial to serve the UK market," the company's board said in its statement.

"The legislation has been factored into the product design with the marking applied for in advance of the legal changes taking effect to ensure continuity and no disruption to the decarbonisation efforts in the UK."

At 1359 BST, shares in ITM Power were down 0.07% at 73.5p.

Reporting by Josh White for Sharecast.com.