This must be the share of the future...........A co with 15 employees mostly Boffins with a unique product under development that has massive potential in the alternative energy sector
My only regret is that I watched the sp rocket from 11op to 210p before getting into the nose cone

Shell and National Grid Join Gas Inject Project

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that Shell Research Limited ("Shell") and National Grid plc have joined the Hydrogen Gas Inject feasibility study part funded by the Technology Strategy Board under its Smart Power Distribution and Demand competition.

Letter of Intent signed with German Utility

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed a Letter of Intent with one of Germany's top 10 local utility companies to investigate Power-to-Gas energy storage.

ITM Power is a SELL at 32p.

I had these to buy @30p - now I'm not so sure. Yet another technically sound company that doesn't or can't market its wares.

Agreement with ABO Wind of Wiesbaden, Germany

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed an agreement with ABO Wind of Wiesbaden, Germany to identify and develop wind to hydrogen projects in the UK, Ireland and Germany.

Might be time for a rise as there is potential here...plus the graph might have bottomed out and there was a placing at 50p not so long ago...now 32p or so....

Agreement with ABO Wind of Wiesbaden

Agreement with ABO Wind of Wiesbaden, Germany

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed an agreement with ABO Wind of Wiesbaden, Germany to identify and develop wind to hydrogen projects in the UK, Ireland and Germany.

ABO Wind initiates wind farm projects, acquires site locations, organises all technical and business planning, arranges international bank financing and delivers turnkey wind farms. To date, ABO Wind has connected more than 350 turbines with a total capacity of more than 600 megawatts through projects in the UK, Europe and Latin America. In addition to managing its own projects developed after commissioning, ABO Wind takes on the commercial and technical management of wind farms on behalf of international operators. ABO Wind manages 297 wind farms.

ITM Power GmbH Managing Director, Phil Doran,said: "ABO Wind is a market leader in Germany for turnkey wind power projects and is increasingly developing a strong presence in the UK. This is an ideal partnership for ITM Power to roll out green hydrogen energy systems. We are delighted to have found such a significant partner who shares our vision of wind power coupled to energy storage."

ABO Wind Head of Prototype Projects, Thomas Nietsch added: "ITM Power is gaining an international reputation in the area of hydrogen energy systems and we are looking forward to delivering some world-leading MW-scale projects together with our partner."

Excellent agreement ! takes them into all sorts of markets........might take some time but the sp should rebound from here......when I think that the sp was at 50p and now we are just hovering above the 30p mark.....looking at the chart for the last year : the sp has never been so low and yet funding has been completed and the company is making big strides into different markets....

Some buys this morning...rampety..rampety..ramp....we've got the power....

.

DECC Funding Award

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has been awarded a grant by the Department of Energy and Climate Change ("DECC") to undertake a £100k, 12-month engineering feasibility, as part of the £20m Carbon Capture and Storage ("CCS") Innovation Competition.

Agreement with AEG Power Solutions

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed an agreement with AEG Power Solutions (AEG PS) to cooperate in integrating its electrolyser technology with AEG's power control electronics. Under the agreement, ITM Power and AEG PS will initially address five live projects, the status of which ranges from imminent deployment to early proposal development.

So many agreements signed - WHEN ARE WE GOING TO SEE THIS TRANSLATED INTO PROFITS AND SP PERFORMANCE????

Grant Award for an Advanced Refueling Product

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has received confirmation of a €3.59m grant award from a programme of the European Union's Joint Technology Initiatives. The award is to a consortium for the development of an advanced refueling system using ITM Power's high pressure hydrogen electrolysis technology. The Company's share of this award is €0.87m.

Appointment of Lucas Bertrand

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has appointed Lucas Bertrand as its representative for France and its overseas territories. He will be based in Paris.

Lucas has over 20 years' experience in the portable energy and hydrogen power industry, most recently with Helion Hydrogen Power, part of the Areva Group, where he was Strategy & Business Development Manager. Before that, Lucas was Sales and Marketing Director for Cell Expert and spent 11 years with Duracell in OEM Business Development, Sales and Marketing roles. Lucas holds a MBA from the École Supérieure des Sciences Économiques et Commerciales (ESSEC) and speaks French, English, Spanish and Dutch.

Lucas joins Phil Doran (Germany and German speaking Europe) and Geoff Budd (North America) as part of the Company's international sales and marketing drive and has been recruited in response to the considerable interest in ITM Power's larger electrolyser products in France.

Important Intellectual Property Additions

First Sale in Japan

RNS

RNS Number : 0444Y
ITM Power PLC
18 February 2013



18 February 2013

ITM Power plc
("ITM Power" or the "Company")

First Sale in Japan

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.

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 £10m gross in its IPO. Further funding rounds of £28.5m in 2006 and £5.4m 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
http://www.itm-power.com/news-item/e3-59m-grant-award-for-an-advanced-refueling-product/
● AEG Power Solutions electrolyser integration with power electronics
http://www.itm-power.com/news-item/rapid-response-electrolyser-power-systems-integration/
· DECC Funding Award for the Production of Synthetic Methane
http://www.itm-power.com/news-item/decc-funding-award-for-the-production-of-synthetic-methane/
· EU Funding for PEM Fuel Cell Innovation - IMPACT
http://www.itm-power.com/news-item/eu-funding-for-pem-fuel-cell-innovation-impact/
· Agreement with ABO Wind of Wiesbaden, Germany
http://www.itm-power.com/news-item/agreement-with-abo-wind-of-wiesbaden-germany/
· Letter of Intent signed with German Utility
http://www.itm-power.com/news-item/letter-of-intent-signe-witdh-german-utility/
· Shell and National Grid Join Gas Inject Project
http://www.itm-power.com/news-item/shell-and-national-grid-join-gas-inject-project/
· EcoIsland TSB Funding
http://www.fuelcelltoday.com/news-events/news-archive/2012/july/ecoisland-progresses-tsb-grant-awarded-for-isle-of-wight-integrated-hydrogen-project
· 700bar Dispensing Collaboration in Germany
http://www.itm-power.com/news-item/700bar-dispensing-collaboration-in-germany/
· Marks & Spencer Pilot Materials Handling Fuel Cell Project
http://www.itm-power.com/news-item/ms-agreement/
· UKH2Mobility with leading auto OEM's, UK Gov't and industrial gas companies
http://www.itm-power.com/about-itm/partners/?id=49
· EcoIsland with Toshiba, IBM, Cable & Wireless, SSE and Southern Water
http://www.itm-power.com/about-itm/partners/?id=46
· Boeing Unmanned Aircraft System Refueller
http://www.itm-power.com/news-item/agreement-with-boeing/
· Electrolyser Distribution with Horizon Fuel Cells
http://www.horizonfuelcell.com/fuel_solutions_hbox.htm
· CREO with Ford, Jaguar Land Rover and Johnson Matthey
http://www.itm-power.com/about-itm/partners/?id=45
· Exclusive European distribution rights for Materials Handling Fuel Cells
http://www.itm-power.com/news-item/exclusive-european-distribution-rights-for-materials-handling-fuel-cells/
· Sale of Equipment to EADS
http://www.itm-power.com/news-item/sale-of-equipment-to-eads/
· EU Grant Award for PEM Water Electrolysers Coupled to Renewable Power Sources
http://www.itm-power.com/news-item/eu-grant-award-for-pem-water-electrolysers-coupled-to-renewable-power-

ITM Power makes first sale in Russia

StockMarketWire.com

Energy storage and clean fuel company ITM Power has sold the first reference plant based on the HPac platform to a company in Russia, which at this stage wishes to remain anonymous.

ITM Power says it looks forward to marketing its products more actively in Russia's rapidly growing energy sector.

Chief executive Dr Graham Cooley said, "Russia is a fast growing energy market that is beginning to look more seriously at the renewable space.

"We are pleased that companies in Russia are looking at the renewable energy sector in general and our products in particular."

At 9:36am: (LON:ITM) ITM Power share price was +1.63p at 38.25p

First Sale of 'Power-to-Gas' Plant in Germany

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has won a competitive tender process, based on both price and performance, for a Thüga Group project, to supply a 360kW Power-to-Gas energy storage plant. This is ITM Power's first major commercial sale in Germany of a large hydrogen production unit based on its unique design of a self-pressurising rapid response PEM Electrolyser. The unit produces 125kg/day of hydrogen gas and incorporates AEG power electronics. It will be situated at a Mainova AG site in the Schielestraße, Frankfurt in the state of Hessen.

The operational data will be shared by the whole Thüga Group - the largest network of energy companies in Germany with around 100 municipal utility members.

The project partners include: badenova AG & Co. KG, Erdgas Mittelsachsen GmbH, Energieversorgung Mittelrhein GmbH, erdgas schwaben GmbH, Gasversorgung Westerwald GmbH, Mainova Aktiengesellschaft, Stadtwerke Ansbach GmbH, Stadtwerke Bad Hersfeld GmbH, Thüga Energienetze GmbH, WEMAG AG, e-rp GmbH, ESWE Versorgungs AG with Thüga Aktiengesellschaft as project coordinator. Scientific partners will participate in the operational phase.

Power-to-Gas energy storage is rapidly growing in significance in Germany and this deployment with Thüga Group is the largest ever PEM Electrolyser deployment in a Power-to-Gas application to date. PEM electrolysers are able to respond rapidly to fluctuating renewable inputs and so are able to store renewable energy as hydrogen for injection into the gas grid. The ITM Power technology is unique since it can respond in one second and is self-pressurising up to 80bar, permitting direct injection into the German gas grid.

Sainsbury's joins UKH2Mobility

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note that Sainsbury's has joined Phase 2 of the UKH2Mobility project. The addition of Sainsbury's to the project was announced as Business and Energy Minister, Michael Fallon, welcomed the publication of the full UKH2Mobility Phase 1 report.

Welcoming the publication of the full UKH2Mobility report on hydrogen vehicles, Business and Energy Minister Michael Fallon said: "Securing new economic opportunities for the UK, diversifying our national energy supply and driving down carbon emissions go to the heart of my job in government. The findings of the report demonstrate hydrogen fuel cell electric vehicles can have a real impact on all three.

"It is very positive that all the UKH2Mobility partners will be joining us in the next phase of the project where they will be joined by Sainsbury's. Successful commercialisation of the technology will require government to work in strong partnership with industry.

"Prompt action is needed to ensure the potential benefits are realised by businesses and consumers in the UK and work on the next phase will start straight away".