Smart Grid

TMCNet:  First Sale in Japan

[February 18, 2013]

First Sale in Japan

Feb 18, 2013 (M2 PRESSWIRE via COMTEX) -- ITM Power (AIM:ITM), the energy storage and clean fuel company, is pleased to announce that it has sold the first reference plant based on the HPac platform to a company in Japan, which at this stage wishes to remain anonymous. ITM Power is now selling products more actively in Japan.
Story continues below ↓

Commenting, Dr Graham Cooley, ITM Power's CEO said, "Japan is an important territory for ITM Power as it is seriously committed to the adoption of hydrogen as a transport fuel. We will be engaging more significantly with Japanese markets in 2013".

For further information please visit www.itm-power.com or contact: ITM Power plc Graham Cooley, CEO 0114 244 5111 N+1 Singer (Nominated Adviser & Broker) Shaun Dobson / Jenny Wyllie 020 7496 3000 Tavistock Communications Simon Hudson / Kelsey Traynor 020 7920 3150 About ITM Power ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of GBP10m gross in its IPO. Further funding rounds of GBP28.5m in 2006 and GBP5.4m in 2012 have been completed. The Company has now made the transition from a research and development company to a product manufacturer and technology provider. The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions. The Company has been successful in developing strategic industry partnerships in the following projects: EU Funding for Advanced Refuelling Project AEG Power Solutions electrolyser integration with power electronics DECC Funding Award for the Production of Synthetic Methane EU Funding for PEM Fuel Cell Innovation -- IMPACT Agreement with ABO Wind of Wiesbaden, Germany Letter of Intent signed with German Utility Shell and National Grid Join Gas Inject Project EcoIsland TSB Funding 700bar Dispensing Collaboration in Germany Marks & Spencer pilot materials handling fuel cell project UKH2Mobility with leading auto OEM's, UK gov. and industrial gas companies EcoIsland with Toshiba, IBM, Cable & Wireless, SSE and Southern Water Boeing Unmanned Aircraft System Refueller Electrolyser Distribution with Horizon Fuel Cells CREO with Ford, Jaguar Land Rover and Johnson Matthey Exclusive European distribution rights for Materials Handling Fuel Cells Sale of Equipment to EADS EU Grant Award for PEM Water Electrolysers Coupled to Renewable Power Sources ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

[ Back To Smart Grid Home's Homepage ]




blog comments powered by Disqus