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
175.30    -9.20 (-4.99%)
Bid:
175.80
Ask:
177.70
Spread: 1.90 (1.081%)
Market Cap: £1.21b
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
20th Jul 20128:01 amRNSDirectors' and Significant Shareholders' Interests
19th Jul 20123:00 pmRNSGrant of Options
19th Jul 20127:02 amRNSFirm Placing & Open Offer
19th Jul 20127:01 amRNSFinal Results
19th Jul 20127:00 amRNSCarbon Trust Fuel Cell Update
18th Jul 20127:01 amRNSHydrogen Cost Structure Update
18th Jul 20127:00 amRNSTechnology Strategy Board Grant Award
29th Jun 20127:00 amRNS700bar Dispensing Collaboration in Germany
28th Jun 20127:00 amRNSEU Grant Award
25th Jun 20127:00 amRNSEquipment Sale
22nd Jun 20127:00 amRNSExclusive Agreement with Infintium
15th Jun 20127:00 amRNSSenior Management Appointments
7th Jun 20128:15 amRNSTotal Voting Rights
28th May 20127:00 amRNSScottish Office
22nd May 20127:00 amRNSPartnership with Hardstaff to Address HGV Market
17th May 20127:00 amRNSChange of Nomad
1st May 20129:53 amRNSTotal Voting Rights
23rd Apr 20127:00 amRNSApproval to Operate and Sell HFuel in Germany
20th Apr 20127:00 amRNSHBox Solar Achieves CE Compliance
17th Apr 20127:00 amRNSMarketing Update
12th Apr 20127:00 amRNSTSB Gas Injection Grant Award
2nd Apr 20122:43 pmRNSBlocklisting Interim Review
2nd Apr 20122:42 pmRNSTotal Voting Rights
2nd Apr 20127:00 amRNSHyundai joins HFuel Here at All-Energy 2012
26th Mar 20127:00 amRNSHFuel at Hannover Messe 2012
22nd Mar 20122:32 pmRNSPresident of Boeing UK, Sir Roger Bone, visits ITM
19th Mar 20127:00 amRNSSupply and Distribution Agreement
15th Mar 20122:52 pmRNSDoT Scientific Adviser Visits ITM
12th Mar 20127:00 amRNSHolding(s) in Company
1st Mar 20127:00 amRNSTotal Voting Rights
27th Feb 20127:00 amRNSAgreement with Boeing
15th Feb 20127:00 amRNSCooperation Agreement with Logan Energy
6th Feb 20127:00 amRNSMegawatt Scale Energy Storage Launch
25th Jan 20127:00 amRNSHalf Yearly Report
23rd Jan 20127:01 amRNSHFuel CE Marking
20th Jan 20127:00 amRNSM&S Pilot Agreement
18th Jan 20129:00 amRNSParticipation in UKH2Mobility Initiative
15th Dec 20117:00 amRNSTSB Grant
2nd Dec 20117:00 amRNSDevelopment of Hydrogen Fuelled Catamaran
30th Nov 20117:00 amRNSTotal Voting Rights
14th Nov 20117:00 amRNSHFuel Cost Structure
10th Nov 201110:30 amRNS'HFuel Here' UK launch at All-Energy 2012
9th Nov 20117:00 amRNSAlkaline Electrolyser Results
8th Nov 20117:00 amRNSIsle of Wight EcoIsland Partnership Agreement
4th Oct 20117:00 amRNSHigh Power Density Fuel Cell Results
3rd Oct 20112:32 pmRNSBlocklisting Interim Review
14th Sep 20112:09 pmRNSResult of AGM
1st Sep 20119:14 amRNSHolding(s) in Company
31st Aug 20114:35 pmRNSPrice Monitoring Extension
23rd Aug 20114:35 pmRNSPrice Monitoring Extension

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.