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Pin to quick picksItm Power Regulatory News (ITM)

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Commercial Group Joins Hydrogen On Site Trials

16 Nov 2010 07:00

RNS Number : 2162W
ITM Power PLC
16 November 2010
 



16 November 2010

 

ITM Power plc

("ITM Power" or "the Company")

 

Commercial Group Joins ITM Power's Hydrogen On Site Trials

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that the Commercial Group has signed an agreement to participate in the Hydrogen On Site Trials (HOST) of ITM Power's transportable high pressure refueling unit (HFuel). The HFuel unit was built with support from the Technology Strategy Board (TSB) and launched at the Company's AGM on 15th September 2010.

The Commercial Group, is the largest, privately owned office services company in the UK, with 2,500 loyal customers, including some of the top 100 companies in the country. The company has received praise from Jonathon Porritt, Director of Forum for the Future, as being an organisation that "continues to demonstrate that profitability and business growth can be achieved through environmentally sound practices". Commercial Group has been widely commended by the Carbon Trust, Energy Saving Trust, Low Carbon Vehicle Partnership (LowCVP) and Chartered Institute for Logistics and Transport (CILT) for its low carbon operations.

Commenting for ITM Power, CEO Graham Cooley said: "We are pleased to welcome the Commercial Group to our HOST programme. Their assessment of our energy storage: clean fuel technology, for decarbonising return to base logistics fleet vehicles, will provide ITM Power with exceptionally useful data in the urban and suburban environment."

 

Simon Graham, Commercial Group's Environmental Strategist added: "We are excited to be taking part in ITM Power's HOST programme next year. Vehicle emissions are the largest element of our carbon footprint and a key factor in our environmental performance. As an innovator in low carbon logistics, we are constantly looking for ways to improve our performance and we look forward to working with ITM Power on their ground breaking programme. HOST will provide us with a unique opportunity to operationally assess what could be the most important decarbonising technology for fleets."

 

About HOST

HOST will begin in 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. Commercial Group joins DHL Supply Chain, London Stansted Airport, The Forestry Commission, Scottish Water, SSE (Scottish & Southern Energy), Vestas Wind Systems AS, Tarmac, Scottish Police Services Authority, Center Parcs and local authorities Sheffield City Council, the London Borough of Camden, and Southampton City Council, who have already joined the programme.

 

HOST provides each partner with a one week free trial of HFuel and the Revolve HICE transit vehicles, and an option to lease both HFuel and vehicles for additional week(s). The demonstrations are 100% managed and operated by ITM personnel in liaison with site owners' operations and management.

 

As part of the HOST programme ITM Power is actively seeking both technical partners interested in storing renewable energy, and commercial partners seeking to trial zero carbon fleets.

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

Graham Cooley, CEO

0114 244 5111

Panmure Gordon & Co.

Katherine Roe

020 7459 3600

 

Tavistock Communications

Simon Hudson / James Midmer

020 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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