Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Regulatory News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 49.56
Bid: 49.80
Ask: 50.10
Change: -1.44 (-2.82%)
Spread: 0.30 (0.602%)
Open: 52.00
High: 53.00
Low: 49.48
Prev. Close: 51.00
ITM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Southampton City Council Joins HOST

26 Oct 2010 07:00

RNS Number : 9790U
ITM Power PLC
26 October 2010
 



26 October 2010

 

ITM Power plc

("ITM Power" or "the Company")

 

Southampton City Council Joins ITM Power's Hydrogen On Site Trials

 

Third Local Authority Joins HOST

 

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

 

Southampton is often referred to as the "Home of the Transit" as commercial Transit vehicles are manufactured nearby at Ford's plant at Swaythling. Southampton City Council has an environmental strategy targeting air quality improvements from transport and increasing the use of renewable energy. The Council's Carbon Reduction policy includes a target to reduce CO2emissions by 40% by 2020. In 2009/10 alone an impressive reduction of 7.5% was achieved, including 400 tonnes through an LED traffic light replacement programme.

 

Commenting for ITM Power, CEO Graham Cooley said: "We are very pleased to welcome Southampton City Council as our third local authority 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."

 

Lorraine Brown, Executive Director of Environment for Southampton City Council, added: "This is a win-win for Southampton as we strive to make the city exemplary in its standards of air quality, whilst promoting the local production of clean transport technology. We are particularly pleased to support ITM Power in the trialling of its Transportable High Pressure Hydrogen Refuelling Station, such initiatives will be invaluable in pursuing our carbon reduction targets. It is also especially appropriate for ITM's hydrogen trials to be undertaken using vehicles that were manufactured in the city of Southampton."

 

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. Southampton City Council joins local authorities Sheffield City Council and the London Borough of Camden, DHL Supply Chain, London Stansted Airport, The Forestry Commission, Scottish Water, SSE (Scottish & Southern Energy), Vestas Wind Systems AS, Scottish Police Services Authority and Center Parcs 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 / Andrew Dunn

020 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPGGGCUUPUGQA
Date   Source Headline
27th Mar 20177:00 amRNS£0.73m Electrolyser Sale
20th Mar 20177:00 amRNSNew OLEV Funding
13th Mar 20177:00 amRNSHRS Update
28th Feb 20177:22 amRNSAlign Research ITM Power update note release
22nd Feb 20178:48 amRNSFirst Hydrogen Refuelling Station with Shell Opens
20th Feb 20173:01 pmRNSHolding(s) in Company
17th Feb 20178:05 amRNSDirector/PDMR Shareholding
16th Feb 201711:46 amRNSResult of General Meeting and TVR
2nd Feb 201712:07 pmRNSSecond Price Monitoring Extn
2nd Feb 201712:02 pmRNSPrice Monitoring Extension
27th Jan 20174:04 pmRNSPosting of Circular
26th Jan 201712:24 pmRNSConfirmation of Successful £5.7 million Fundraise
26th Jan 20179:36 amRNSClose of Accelerated Bookbuild
26th Jan 20177:00 amRNSProposed Accelerated Bookbuild
26th Jan 20177:00 amRNSHalf Year Results
11th Jan 20177:00 amRNSEuro 0.7 million Electrolyser Sale
12th Dec 20167:00 amRNS100MW electrolyser designs to launch at Hannover
1st Dec 20167:00 amRNSEU Directives to Drive Power-to-Gas Energy Storage
30th Nov 201610:32 amRNSOfgem Funding for UK Power-to-Gas
23rd Nov 201612:18 pmRNSFuel Contract with Anglo American
18th Nov 20167:01 amRNSShell Hydrogen Refuelling Stations Update
18th Nov 20167:00 amRNSSale of 1.25 MW Electrolyser
14th Nov 20167:00 amRNSFuel Contract with Europcar
4th Nov 20167:00 amRNSFuel Contract with Hyundai Motor UK
21st Oct 20164:35 pmRNSPrice Monitoring Extension
14th Oct 20167:00 amRNSFuel Contract with Arval
11th Oct 201612:28 pmRNSHydrogen Vehicle Rally, Solar HRS Launch in London
22nd Sep 20167:00 amRNSUpgrade to M1 Hydrogen Refuelling Station
16th Sep 20164:35 pmRNSPrice Monitoring Extension
15th Sep 201611:40 amRNSResult of AGM
7th Sep 20167:00 amRNSAppointment of new MD to German subsidiary
26th Aug 20167:00 amRNSITM Power signs Fuel Contract with Arcola Energy
23rd Aug 20167:00 amRNSFuel Contract with Commercial Group
1st Aug 20164:40 pmRNSSecond Price Monitoring Extn
1st Aug 20164:35 pmRNSPrice Monitoring Extension
29th Jul 20167:00 amRNSFinal Results
29th Jun 20167:00 amRNSRefuelling Station sale to Hydrogène de France
24th Jun 20164:12 pmRNSUpdate on Pipeline
14th Jun 20169:16 amRNSEuropean Hydrogen Refuelling Stations Project
13th Jun 201610:57 amRNSThuga Group Power-to-Gas Operational Update
16th May 20167:00 amRNSHydrogen Fleet User Workshops and Ride & Drive
10th May 201612:40 pmRNSFirst London HyFive Hydrogen Refuelling station
10th May 20167:00 amRNSMoU with Good Energy to Explore Energy Tariffs
4th May 20167:00 amRNSMarketing Update
28th Apr 20167:00 amRNS1.5 MW Electrolyser Deployment in Scotland
19th Apr 20167:00 amRNSEuro 2.75m Cost Reduction Grant
8th Apr 20167:00 amRNSBOC Refuelling Agreement
31st Mar 20167:00 amRNS1MW System Sale to ZEAG Energie AG
3rd Mar 20167:00 amRNSTrading & Operations Update
16th Feb 201612:04 pmRNSCompletion of fundraise, result of GM & Open Offer

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.