Make your money go further for just 25p per day

ITM Power (AIM: ITM) – big share price move on Shell affiliation 

10/09/2015 · ITM Power PLC (ITM) 

The energy storage and clean fuel company’s announcement of a forecourt agreement with Shell has got the share price moving higher!

ITM has announced a strategic siting partnership with Shell for the delivery of Hydrogen Refuelling Stations (HRS) on three Shell retail forecourts in the UK. These three HRS deployments will be the first to be integrated onto forecourts in the UK – great news!

The announcement follows news of ITM’s award of £1.89m by OLEV (Office for Low Emission Vehicles) to invest in two new HRS in London at strategic locations suitable for use by Fuel Cell Electric Vehicles (FCEV). Additional financial support of £1.7m is being contributed by the FCH JU (Fuel Cell and Hydrogen Joint Undertaking) to…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for just £90 a year.


More on ITM Power PLC

Hydrogen Fuel Cells: future stars

12/03/2020 · Company Insights

Before the combined impact of the coronavirus and a surge in oil supply sparked a mass…

This hydrogen energy company is powering towards £1bn

11/02/2020 · Company Insights

Hydrogen gas is the most abundant chemical in the universe. When used by a fuel cell…

More Company Insights

Coronavirus impact: 31 March - quality shines through from this stock market legend

Coronavirus impact: 30 March - a hint of resilience

Coronavirus impact: 27 March - a dividend is paid, for once