If you would like to learn more about future focusIR related events and roundtables, please submit your details 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
116.00    3.00 (2.65%)
Bid:
115.60
Ask:
116.20
Spread: 0.60 (0.519%)
Market Cap: £800.63m
ITM Live PriceLast checked at - London Stock Exchange

Intraday Itm Power Share Chart

Refueller Trial Agreements

9 Jun 2010 07:00

RNS Number : 2751N
ITM Power PLC
09 June 2010
 



9 June 2010

 

 

 

ITM Power plc

("ITM Power" or "the Company")

 

 

DHL and London Stansted Airport Sign Agreements to Trial ITM Power's Refueller

 

ITM Power, the energy storage and clean fuel company, is pleased to announce that DHL Supply Chain and London Stansted Airport have both signed agreements to participate in Hydrogen On Site Trials (HOST) of ITM Power's transportable high pressure refuelling unit (HFuel). The unit under construction is supported by a Technology Strategy Board (TSB) grant (announced February 2010) and partners Gateway to London and Revolve Technologies.

 

HOST will begin in 2011, and will see the operation and refueling of two Hydrogen Internal Combustion Engine (HICE) Revolve Technologies 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.

 

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

 

Commenting for ITM Power, CEO Graham Cooley said "We are delighted that such high profile transport logistics companies have agreed to join the HOST programme. They will appraise the potential of our technology to decarbonise return to base transport logisitics vehicles and address the important sustainability issue of eliminating the carbon footprint of their fuel supply. The trials are an important part of demonstrating the potential of ITM Power's HFuel technology to the marketplace and we expect other transport logistics companies to be joining the HOST scheme in the near future."

 

Keith Tress, Head of Engineering, Customer Management, DHL Supply Chain added "DHL is pleased to support ITM Power in the development of its Transportable High Pressure Hydrogen Refuelling Station and Hydrogen Internal Combustion Engines, which could make a significant contribution to our goal of reducing CO2 by 30 per cent by 2020."

 

David Johnston, Managing Director of London Stansted Airport Ltd, said "Despite air quality at Stansted Airport being well within UK and EU standards, at Stansted we are continually looking for new and innovative ways in which we can further reduce our emissions. This is reflected in the development of our new Air Quality Strategy and in this exciting new opportunity we are very proud to be part of with ITM Power. We look forward to discovering and testing how hydrogen could be developed as a viable alternative fuel for airport vehicles."

 

John Williams, Chief Executive of Gateway to London said "I am delighted to see major logistics companies have signed up to trial ITM Power's green hydrogen refuelling system along with improved performance HICE transit vans. Sustainable transport logistics will be vital for London to realise its recent launch of the Green Enterprise District. I congratulate the participant companies in grasping ITM Power's HOST opportunity and look forward to demonstration in the Thames Gateway development area of London."

 

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

 

ITM Power plc

Graham Cooley, CEO

0114 244 5111

Panmure Gordon & Co.

Andrew Godber

020 7459 3600

 

Tavistock Communications

Simon Hudson / James Midmer

020 7920 3150

 

Notes to Editors

 

Revolve Technologies serves a diverse portfolio of multi-tier automotive and non-automotive clients across a broad spectrum of industries including car and commercial vehicle, transportation, infrastructure, agriculture, defence and energy. Revolve has OEM recognition, undertaking approved performance upgrades in the UK. Established as Roush Technologies Limited in the UK in 1995 and based in Brentwood, Essex, the business was acquired from its US parent, Roush Industries, by an investor group in 2007. www.revolve.co.uk/

 

Gateway to London is the Inward Investment agency for London Thames Gateway and works to maximise commercial opportunities in east London, bringing together businesses, landowners, developers, agencies and statutory bodies.The Gateway to London team provide a free, comprehensive and confidential service to anyone considering investing in London Thames Gateway, from identification of development opportunities, an extensive site and property service, funding and grants assistance and agent and Local Authority liaison, to a supporting information service.www.gtlon.co.uk/

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEASKPEAAEEFF
Date   Source Headline
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
28th Oct 20107:00 amRNSMoU with Building Research Establishment
26th Oct 20107:00 amRNSSouthampton City Council Joins HOST
26th Oct 20107:00 amRNSSouthampton City Council Joins HOST
21st Oct 20107:00 amRNSCenter Parcs Joins Hydrogen On Site Trials
21st Oct 20107:00 amRNSCenter Parcs Joins Hydrogen On Site Trials
14th Oct 20107:00 amRNSScottish Police Services Authority Joins HOST
13th Oct 20107:00 amRNSAchievement of Euro VI Emissions Standards
12th Oct 20107:00 amRNSVisit of Former Transport Minister
6th Oct 20107:00 amRNSEPSRC Grant Funding
4th Oct 20107:00 amRNSVestas Joins HOST Trials
30th Sep 20101:57 pmRNSTotal Voting Rights
29th Sep 20108:26 amRNSSSE Joins HOST Trial
29th Sep 20107:00 amRNSSignificant Addition to HOST Trials
20th Sep 20107:00 amRNSSuccessful Open Day
16th Sep 201012:31 pmRNSCollaboration with Ford
16th Sep 20109:10 amRNSResult of AGM
15th Sep 201010:30 amRNSBoard Appointment
15th Sep 20107:00 amRNSAGM Progress Update
13th Sep 20107:00 amRNSScottish Water join Hydrogen On Site Trials
26th Aug 20104:41 pmRNSDirector/PDMR Shareholding
16th Aug 20107:00 amRNSLocal Authorities Join Trials
11th Aug 20107:00 amRNSAdditional Grant Funding
4th Aug 20102:53 pmRNSNotice of AGM and Company Open Day
30th Jul 20104:35 pmRNSPrice Monitoring Extension
30th Jul 20109:49 amRNSDirector/PDMR Shareholding
30th Jul 20107:01 amRNSTotal Voting Rights
30th Jul 20107:00 amRNSFinal Results
27th Jul 20107:00 amRNSForestry Commission Joins HOST Trials
1st Jul 20107:00 amRNSHydrogen Purity Certification
28th Jun 20107:00 amRNSCE Certification Update
23rd Jun 20102:51 pmRNSDeath of Lord Walker, Non-Executive Director
16th Jun 20107:00 amRNSFirst Product Sale
15th Jun 20107:00 amRNSManufacturing System Update
10th Jun 20107:00 amRNSUS Fuel Cell Council Committee Appointment
9th Jun 20107:00 amRNSRefueller Trial Agreements
25th May 20107:00 amRNSUS Home Refueller Design Contract & Partnership
20th May 20104:40 pmRNSSecond Price Monitoring Extn
20th May 20104:35 pmRNSPrice Monitoring Extension
14th May 20107:00 amRNSMarketing Update
12th Apr 201012:00 pmRNSDirector/PDMR Shareholding
12th Apr 201011:03 amRNSAward of Grant
8th Apr 20108:47 amRNSDirector/PDMR Shareholding
7th Apr 20109:03 amRNSFirst Product Specifications
29th Mar 20104:40 pmRNSSecond Price Monitoring Extn
29th Mar 20104:35 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.