Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Regulatory News (ITM)

Share Price Information for Itm Power (ITM)

Share Price is delayed by 15 minutes
Get Live Data
111.50    -0.60 (-0.54%)
Bid:
111.60
Ask:
112.30
Spread: 0.70 (0.627%)
Market Cap: £769.57m
ITM Live PriceLast checked at - London Stock Exchange

Intraday Itm Power Share Chart

RAC Joins Hydrogen On Site Trials

9 Dec 2010 07:00

RNS Number : 6316X
ITM Power PLC
09 December 2010
 



9 December 2010

 

 

ITM Power plc

("ITM Power" or "the Company")

 

RAC Joins HOST

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that RAC has signed an agreement to participate in the Hydrogen On Site Trials ("HOST") of ITM Power's transportable high pressure refuelling 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.

 

RAC has around seven million customers and is one of the UK's leading motoring organisations, providing services for both private and business motorists including roadside assistance, insurance, vehicle inspections and checks, legal services and up-to-the-minute traffic and travel information. The RAC Roadside recovery and patrol fleet numbers some 1,700 vehicles.

 

Commenting for ITM Power, CEO Graham Cooley said:"Our agreement with RAC for them to join our HOST trial is a tremendous opportunity for us to demonstrate the benefits of HFuel and so demystify the proposition for fuelling today's modified vehicles with green hydrogen, in what could be a significant early adoption market."

 

Adrian McCarthy, Head of Technical Services, RAC, added: "As an organisation we are committed to reducing our operational emissions through our carbon management programme. We are therefore pleased to join ITM Power's hydrogen trials next year to enable RAC to appraise both the proposition for a zero carbon fuel and zero carbon emissions for patrol vehicles. Importantly the trial will also provide our Roadside recovery and patrols with an invaluable insight into dealing with hydrogen fuelled vehicles at the roadside."

 

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 / Andrew Dunn

020 7920 3150

 

 

About HOST

HOST will begin in the first quarter of 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. The list of trial partners, in order of publication, is as follows:

 

Organisation

Sector

Web Site

DHL Supply Chain

Logistics

http://www.dhl.co.uk/en

London Stansted Airport

Infrastructure

http://www.stanstedairport.com/

The Forestry Commission

Land Use

http://www.forestry.gov.uk/

Sheffield City Council

Local authority

http://www.sheffield.gov.uk/

London Borough of Camden

Local authority

http://www.camden.gov.uk/

Scottish Water

Utility

http://www.scottishwater.co.uk/

SSE (Scottish & Southern Energy)

Utility

http://www.scottish-southern.co.uk/

Vestas Wind Systems

Alternative energy

http://www.vestas.com/

Scottish Police Services Authority

Emergency Services

http://www.spsa.police.uk/

Center Parcs

Leisure

http://www.centerparcs.co.uk/

Southampton City Council

Local authority

http://www.southampton.gov.uk/

Tarmac Group

Construction

http://www.tarmac.co.uk/

The Commercial Group

Logistics

http://www.commercial.co.uk/

May Gurney Integrated Services

Infrastructure

http://www.maygurney.co.uk/

Enterprise

Public Services/ Utilities

http://www.enterprise.plc.uk/

VolkerHighways

Construction

http://www.volkerhighways.co.uk/

Amey

Public Services

http://www.amey.co.uk

RAC

Motoring Services

http://www.rac.co.uk

 

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.

 

-ends-

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBRBDDXBGBGGI
Date   Source Headline
25th Jun 20267:00 amRNSAppointment of new Non-Executive Director
24th Jun 20267:00 amRNSITM and DB Systemtechnik GmbH LOI
17th Jun 20267:00 amRNSDirector/PDMR Shareholding
3rd Jun 20267:00 amRNSStrategic partnership with Protium
18th May 20267:00 amRNSDirector/PDMR Shareholding
30th Apr 20264:00 pmRNSTotal Voting Rights
30th Apr 20264:00 pmRNSDirector/PDMR Shareholding
20th Apr 202611:41 amRNSDirector/PDMR Shareholding
17th Apr 202612:30 pmRNSLTIP Grant and CEO discretionary share award
17th Apr 202612:30 pmRNSBlock Listing Application
17th Apr 20267:00 amRNSStrategic collaboration with Rheinmetall
13th Apr 20269:15 amRNSGrants under Deferred Annual Bonus Plan
13th Apr 20267:00 amRNSBlock Listing Application
9th Apr 20267:00 amRNSGB Energy 40m investment and DESNZ 46.5m grant
18th Mar 202610:04 amRNSDirector/PDMR Shareholding
11th Mar 20267:00 amRNSMorGen Energy 20 MW Project FID and LTSA Signed
11th Mar 20267:00 amRNSMorGen Energy 20 MW Project FID and LTSA Signed
18th Feb 20267:00 amRNSDirector/PDMR Shareholding
17th Feb 20267:00 amRNSFY26 revenue guidance raised
16th Feb 20267:00 amRNS20MW contract FID
29th Jan 20267:00 amRNSHalf-year Financial Report
20th Jan 20267:00 amRNSNotice of Interim Results
19th Jan 20267:00 amRNSDirector/PDMR Shareholding
16th Jan 20267:00 amRNSAppointment of new non-executive chairman
18th Dec 20257:00 amRNS12.5MW contract with Octopus Energy Generation
17th Dec 20251:00 pmRNSDirector/PDMR Shareholding
17th Dec 20251:00 pmRNSDirector/PDMR Shareholding
17th Dec 20251:00 pmRNSDirector/PDMR Shareholding
12th Dec 20257:00 amRNSTwo engineering contracts signed
4th Dec 20257:00 amRNSTrading update
21st Nov 20257:00 amRNSSelected for 710 MW of projects in Germany
17th Nov 20257:00 amRNSDirector/PDMR Shareholding
21st Oct 20257:00 amRNSLaunch of ALPHA 50
17th Oct 20257:00 amRNSDirector/PDMR Shareholding
9th Oct 20257:00 amRNSResult of AGM
6th Oct 20257:00 amRNSFEED contract for multi-unit NEPTUNE V project
22nd Sep 20257:00 amRNS150MW NEPTUNE V capacity reservation with RWE
18th Sep 20257:00 amRNSDirector/PDMR Shareholding
3rd Sep 20257:00 amRNSNotice of AGM
26th Aug 20257:00 amRNSStrategic partnership with ABO Energy
18th Aug 20257:00 amRNSDirector/PDMR Shareholding
14th Aug 20257:00 amRNSPreliminary Results
13th Aug 20257:00 amRNS20MW supply agreement with MorGen Energy
1st Aug 20257:00 amRNSNotice of Results
16th Jul 20257:00 amRNSDirector/PDMR Shareholding
8th Jul 20257:00 amRNSChange of Non-Executive Directors
25th Jun 20257:00 amRNSLaunch of Hydropulse
23rd Jun 20257:00 amRNSFEED contract for 120MW Uniper project
17th Jun 20257:00 amRNSSelected for two UK projects
16th Jun 20251:00 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.