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
15th Aug 20114:40 pmRNSSecond Price Monitoring Extn
15th Aug 20114:35 pmRNSPrice Monitoring Extension
12th Aug 20119:30 amRNSGrant of Share Options
5th Aug 20114:40 pmRNSSecond Price Monitoring Extn
5th Aug 20114:35 pmRNSPrice Monitoring Extension
2nd Aug 201111:46 amRNSNotice of AGM
26th Jul 20117:00 amRNSFinal Results
18th Jul 20117:00 amRNSCarillion plc Purchases HOST Trial
11th Jul 20117:00 amRNSNotice of Results
28th Jun 20117:00 amRNSEnergy Storage Project
10th Jun 20114:40 pmRNSSecond Price Monitoring Extn
10th Jun 20114:35 pmRNSPrice Monitoring Extension
31st May 20117:00 amRNSTotal Voting Rights
16th May 20117:00 amRNSDirector/PDMR Shareholding
28th Apr 20117:00 amRNSTotal Voting Rights
20th Apr 20112:22 pmRNSBlock Admission Application
15th Apr 20118:46 amRNSDirector/PDMR Shareholding
12th Apr 20117:00 amRNSSale of First HFuel Production Module
4th Apr 20117:00 amRNSAdditional Carbon Trust Grant Funding
31st Mar 20117:00 amRNSBlocklisting Interim Review
30th Mar 20117:00 amRNSHFlame Achieves CE Certification
18th Mar 20117:21 amRNSAward of Contract from NextEnergy
8th Mar 201112:15 pmRNSDirector/PDMR Shareholding
3rd Mar 20117:00 amRNSHFuel Road Compliance Achieved
1st Mar 20117:00 amRNSAppointment of Agent in Germany
28th Feb 20117:00 amRNSChange of Adviser
3rd Feb 20117:00 amRNSUPS Joins ITM Power's Hydrogen On Site Trials
1st Feb 20117:00 amRNSHigh Power Density Fuel Cells Test Update
24th Jan 20117:00 amRNSDirector/PDMR Shareholding
20th Jan 20117:01 amRNSHPac Product Achieves CE Certification
20th Jan 20117:00 amRNSHalf Yearly Report
14th Jan 20117:00 amRNSIsle of Man Government Joins HOST
6th Jan 20111:49 pmRNSStansted Launch of HOST
16th Dec 20104:40 pmRNSSecond Price Monitoring Extn
16th Dec 20104:35 pmRNSPrice Monitoring Extension
16th Dec 20107:00 amRNSAutoglass Joins Hydrogen On Site Trials
15th Dec 20107:00 amRNSAmetek Field Trial Agreement
9th Dec 20107:00 amRNSRAC Joins Hydrogen On Site Trials
7th Dec 20107:00 amRNSAmey Joins Hydrogen On Site Trials
30th Nov 20107:10 amRNSTotal Voting Rights
30th Nov 20107:00 amRNSVolkerHighways Joins Hydrogen On Site Trials
23rd Nov 20107:00 amRNSEnterprise plc Joins Hydrogen On Site Trials
18th Nov 20109:24 amRNSDirector/PDMR Shareholding
17th Nov 20107:00 amRNSMay Gurney Joins Hydrogen On Site Trials
16th Nov 20107:00 amRNSCommercial Group Joins Hydrogen On Site Trials
15th Nov 20107:00 amRNSTarmac Joins Hydrogen On Site Trials
2nd Nov 20107:00 amRNSHigh Power Density Fuel Cells
29th Oct 20107:00 amRNSTotal Voting Rights
28th Oct 201010:37 amRNSDirector/PDMR Shareholding
28th Oct 20109:44 amRNSDirector/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.