logo-loader
viewITM Power PLC

Enhanced product range for Power-to-Gas market from ITM Power

power_button_350_54be33da93af3.jpg

ITM Power (LON:ITM) is to launch a new electrolyser range at the Hannover Messe trade fair in April that produces 50% more hydrogen from the same stack volume.

A new 350 kilowatt (kW) single stack with a three stack one megawatt (Mw) offering will also be on show and for sale at the event in Germany.

ITM said it now has £8.686mln of projects under contract and a further £2.496mln of new projects subject to final contract negotiation.

This reflects the successful conclusion of a number of negotiations and the receipt of revenue for existing projects.

New orders from two German technical universities for reference plants based on its HPac platform for use in power-to-gas applications had also been received.

ITM Power will now have four reference plant installations in Germany including these two new orders.

Quick facts: ITM Power PLC

Price: 65 GBX

AIM:ITM
Market: AIM
Market Cap: £307.23 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Buds & Duds: Ontario's cannabis retail expansion plan gives cannabis stocks...

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, was 1.4% higher at 116.7 points. Elsewhere, the Horizons Marijuana Life Sciences Index ETF jumped 2.4% at C$9.55, while the OTCQX Cannabis index gained 0.6% to 434 points. Buds today are The Green...

2 days, 3 hours ago

RNS

Director Share Dealings

1 week, 3 days ago

Director/PDMR Shareholding

2 weeks, 3 days ago

Replacement: Exercise of Options

3 weeks, 3 days ago

Exercise of Options

3 weeks, 3 days ago

Directorate Change

on 11/01/2019

Result of AGM

on 10/31/2019

Directorate Change

on 10/31/2019

2 min read