By Barney Smith ITM was founded in 2001, and quoted on AIM since 2004. It is one of the few companies to have real experience in various different applications of hydrogen, and now claims world leadership in PEM Electrolysers. Yet the share price is a bit of a conundrum. At the beginning and for some [...]
By Barney Smith On 31 March Greenbarrel looked at hydrogen from a technological perspective as a potential solution to the intermittent nature of those renewable “stalwarts”, solar and wind. But how does this technology look from a company perspective? We put this to Sir Roger Bone who took over the Chairmanship of ITM at the [...]
On 22 July ITM Power announced that it had signed an agreement to lease new premises at the PLP Bessemer business park in Sheffield for the construction of its hydrogen-producing electrolysers. The 134,000 square feet building will give ITM an electrolyser manufacturing capacity of up to 1 GW per annum which, according to the company, [...]
ITM Power is not a huge company. A market cap of around £110 million would result from the share price of 33.50p on Friday 27 April. Yet the company is in the forefront of innovation in the use of hydrogen generated from renewable energy to reduce carbon emissions, both in the transport sector and in [...]
ITM Power specialises in the manufacture and provision of integrated hydrogen energy systems. Founded in June 2001, the company floated on London’s Alternative Investment market (AIM) in 2004, claiming to be the first United Kingdom (UK)-based fuel cell company to go public. ITM believes hydrogen is the cleanest fuel available but you can’t dig it up [...]
Hydrogen cars are vehicles powered by a single hydrogen fuel cell. The fuel cells work by using a “fuel stack” to use outside air with hydrogen they carry in tanks in a chemical reaction which creates electricity, with the only emission being water. I came across an early prototype of such a car about ten [...]
On Tuesday 11 October, ITM Power formally opened its third hydrogen refuelling facility. It is the first of its kind, using solar energy from a PV array to make renewable hydrogen on-site. Like the two stations opened earlier in Sheffield and Teddington, this is a specialised facility, at the Centre of Engineering Manufacturing Excellence (CEME) [...]