ITM Power Plc: 20 Tonne/day Hydrogen Refuelling Station Designs to be Launched in Las Vegas - Contract Pipeline Exceeds £40m (US$53m)

07 Aug 2017

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it will be presenting at Hydrogen + Fuel Cells North America, part of the SolarPower International Conference in Las Vegas, and launching a series of large scale refuelling station designs.

The large scale refuelling station designs are based around electrolyser configurations of up to 50MW in size with the capability to produce up to 20 tonnes of hydrogen per day. This is in response to industry demand for larger scale industrial installations for refuelling heavy logistics vehicles, such as road haulage vehicles, ships and trains.

Separately, ITM Power announces a significant increase, of £4.87m in the last two weeks, in its order pipeline. The Company currently has £23.54m of projects under contract and £16.67m of contracts in the final stages of negotiation, totaling £40.21m (subject to exchange rate variation).

ITM Power CEO, Dr. Graham Cooley, said: "These new refuelling station designs are being launched in response to a dramatically increased number of enquiries for refuelling heavy logistics vehicles at large scale. ITM Power is delighted to be in a position to support these important key transportation sectors as they plan their transition to reduced emissions. This is now a priority for governments worldwide."

 ITM Power | http://www.itm-power.com