Member Info for Spuders

China wants European PEM’s shame it’s not ITM! .. Sentiment building

https://www.h2-view.com/story/chinas-hygreen-to-use-boschs-pem-stacks-for-global-green-hydrogen-projects/2129049.article/

You’re like that annoying person who eats with their mouth open.

If you’re returning your company car to Helikon, this might be of interest.

https://youtu.be/uAQg-QSW3Z4?si=mRklML70RKSSCL_b

And you can even make your own green H2 at home

https://youtu.be/2hfX_XNCiI4?si=jcONJvyuo9zNFve1

Helikon is in a seriously exposed position. With one of the largest disclosed shorts on the entire UK AIM market — currently the 4th biggest overall — they’re sitting on a bet that’s rapidly turning against them.

If momentum continues, they’ll be forced to buy back millions of shares just to cover their short. That means they either accept heavy losses or trigger a self-inflicted short squeeze — fueling the price even higher as they scramble to exit. It’s the classic short trap.

And here’s the kicker: they’ve disclosed nothing about any long position, let alone an entry near 30–40p. So unless they’ve hedged perfectly behind the scenes (which still wouldn’t justify the scale of their short), they’re now caught in a high-risk game of chicken — with a market that’s turning sharply against them.

Bottom line: they’re fed unless they move fast*, and every day they delay only deepens the hole they’ll have to buy their way out of.

Rachel Reeves catching up with one of our Major investors…

Chancellor of the Exchequer Rachel Reeves MP was given a detailed update on JCB’s £100m investment into hydrogen engines and hydrogen-powered equipment during a recent visit to the company’s Headquarters in Rocester, Staffordshire.

A new

www.themanufacturer.com/articles/chancellor-praises-jcbs-100m-hydrogen-push-during-staffordshire-visit/

The US Senate has moved to extend the 45V hydrogen production tax credit’s construction window through 2027 in the latest draft of the Trump administration’s budget bill.

As for where the money went?

• Significant investments have gone into scaling up operations.

• Most notably, the world’s largest PEM electrolyser factory in Sheffield!

• Add to that R&D costs, staff, global expansion efforts, and the costs of developing and installing systems — it’s a heavy-spend business, especially at this growth stage.

VERY FEW BUSINESS MAKE A PROFIT IN EARLY YEARS!

ITM ARE AT A TURNING POINT 🚀 200 % already

ITM pulse sounds lot better 😅 !! Same concept as BP PULSE ?? Pay as you go but for On-site green hydrogen production for industrial users

ITM Power is entering the green hydrogen space in a substantive, vertically integrated way. With Hydropulse, they’re not just supplying electrolysers; they’re building, owning, and operating hydrogen plants—significantly lowering barriers for industrial clients.

• By acting like a Utility-as-a-Service, ITM is enabling deployment where financial or technical feasibility was previously a stumbling block.

• Their focus on long-term offtake agreements gives them a steady revenue pipeline and establishes a strong early-mover advantage in hydrogen infrastructure.

• Comparatively, BP is still playing a more

traditional infrastructure role in EV charging, while ITM is proactively building hydrogen supply chains from the ground up.

Https://www.h2-view.com/story/uk-industrial-strategy-boosts-investor-signals-but-hydrogen-roadmap-unclear/2128464.article/

😃

Spicy… please explain why you don’t want anybody to board the H-train? Are the shorts getting off at the next stop?

Here’s a little evening bedtime read for you:

https://www.h2-view.com/story/tui-cruises-joins-south-korean-players-to-explore-hydrogen-sofcs-for-cruise-ships/2128292.article/

Let that one sink in 😆

Https://www.hydrogeninsight.com/production/exclusive-south-african-green-hydrogen-megaproject-developer-narrows-down-electrolyser-suppliers-to-two-one-chinese-one-western/2-1-1834802

Some Facts About 💧ITM POWER 💧12 Jun 2025 07:43

ITM Contracts:

12.05.2025 - 300MW - ITM Power is pleased to announce that we have signed an agreement with a customer, who wishes to remain confidential at this stage, confirming our selection as the supplier of over 300MW of electrolysers to produce green hydrogen for use in a power plant in the Asia-Pacific (APAC) region, thereby avoiding carbon emissions.

09.05.2025 - ITM Power is pleased to announce that we have signed a contract to supply a NEPTUNE II unit to a leading Spanish cement producer.

08.05.2025 - 120MW - ITM Power is pleased to announce that we have been selected by Uniper for their 120MW Humber H2ub® (Green) project. The project was recently shortlisted as part of the UK's Hydrogen Allocation Round 2 (HAR2). ITM will deploy six 20MW POSEIDON core electrolysis process modules into the project.

06.05.2025 - ITM Power is pleased to announce that we have signed a contract to supply a NEPTUNE V unit to Westnetz GmbH, a Dortmund-based German distribution system operator for electricity and gas.

31.03.2025 - ITM Power has signed an agreement with Deutsche Bahn AG (DB) to collaborate on sustainable transportation and infrastructure, specifically in the field of green energies, such as green hydrogen and its derivatives.

13.02.2025 - 20MW + potential 40MW

Signed contract for 4 x Neptune V Units 20MW with the second phase expected to be an additional 40MW

27.01.2025 - UNLIMITED MW

TRIDENT has been successfully registered in Australia

24.01.2025 - Contracted to develop 10MW green hydrogen production plant

23.12.2024 - 15MW - signed a contract to supply three NEPTUNE V units

20.12.2024 - 50MW - selected as the technology provider for a 50MW green hydrogen production site.

08.11.2024 - 5MW - our first contract to sell a NEPTUNE V 5MW unit to Guttroff GmbH

13.08.2024 - 100MW REFHYNE II contract signed

16.07.2024 - 2MW Capacity reservation

08.07.2024 - 500MW capacity reservation with 2 Global industrial customers.

26.04.2024 - 200MW - selected as preferred supplier to Hygen

Cash In Bank: ~ £205,000,000.00 Millions cash in Bank

Zero Debt

ITM’s state-of-the-art manufacturing facility is the WORLD’s first largest PEM Gigafactory in commercial operation and Expanding'

We must have made a good impression 😄

https://www.reuters.com/sustainability/climate-energy/totalenergies-seeks-permit-16-billion-green-hydrogen-project-chile-2025-05-05/

https://www.h2-view.com/story/itm-power-welcomes-chilean-minister-for-energy-and-mining-to-gigawatt-electrolysis-factory/2043129.article/?utm_source=chatgpt.com

Just watched this eye-opening clip — hydrogen pipelines have been safely operating for over 40 years! Yet we’re still told it’s “not ready” or “too risky”? Come on.

https://youtu.be/_NlONbD-ipQ?feature=shared

The truth is: the oil and gas giants don’t want us making our own clean energy. Why would they? It threatens their monopoly. Hydrogen, especially green hydrogen from companies like ITM Power, gives us energy independence and a cleaner future.

Think about it — we’ve had the tools for decades. Now we just need the will.

Fantastic news for the hydrogen sector! The UK government’s decision to permit hydrogen-powered construction and agricultural vehicles on public roads marks a significant step towards a greener future. This policy change not only accelerates the adoption of clean energy but also opens new avenues for companies like ITM Power, which specialize in hydrogen technology.  

A special acknowledgment to JCB, a major shareholder in ITM Power with a 5.1% stake. Their early and strategic investment has been instrumental in driving innovation and supporting the hydrogen economy. JCB’s commitment to sustainable technology, exemplified by their development of hydrogen-powered machinery, showcases their leadership in the transition to cleaner energy solutions.  

Spicytuna, you’re swimming so hard against the tide you’re about to end up on someone’s sushi platter.

You keep pushing this doom and gloom narrative, but you’re ignoring some serious facts. ITM Power’s shareholders aren’t random retail punters — they’re giants. Linde owns a big slice, and JCB — who are already deploying hydrogen-powered machinery — have serious skin in the game. JCB isn’t just buying shares for fun; they’re betting their future heavy equipment lines on hydrogen.

Meanwhile, Europe is literally building a massive hydrogen backbone — pipelines like H2Med and the European Hydrogen Backbone are being developed to connect hydrogen producers across Spain, France, Germany, and beyond. Billions are being thrown at making green hydrogen a central part of the EU’s 2050 net-zero strategy.

This isn’t blind hope; it’s real-world infrastructure being built right now.

Sure, ITM still has to execute better. Sure, the market’s rough. But the megatrends are absolutely lining up. Acting like there’s no potential just makes you sound extra salty, Tuna.

A country must prioritise energy independence—especially in the wake of trade war fears. Relying on foreign energy leaves nations exposed to price shocks, supply disruptions, and political leverage. Building a secure, homegrown energy system isn’t just smart policy—it’s national resilience.

Https://fuelcellsworks.com/2025/03/26/h2/uk-to-axe-electricity-tax-for-hydrogen-producers-in-bid-to-boost-low-carbon-fuel-sector

Heathrow needed this today!!

https://www.theverge.com/news/633779/coca-cola-fuji-electric-vending-machine-hydrogen-power

ITM Neptune 5Mw need 55.9kwh to produce 1kg of hydrogen and full tank for a standard hydrogen car is 6kg

Consumer price 55.9kwh x 0.25p = £13.98

6kg x £13.98 = £83.98

Now if we put these Neptunes next to the wind farms that get turned off, it’s basically free to produce, just need our hydrogen truck transporting them to stations and ££££££££

Spain Germany Uk …. all have wind farms being turned off costing billions but still building them, I wonder if these are first part of the hydrogen plan.