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

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".

Participation in North Sea Power-to-Gas Platform

ITM Power (AIM: ITM), the energy storage and clean fuel company, is delighted to announce its participation in the newly established 'North Sea Power to Gas Platform' to further develop the concept of Power-to-Gas (P2G) and draws investors' attention to the following announcement released today by DVN KEMA the project coordinator:

"Eleven leading companies in Europe have joined forces in the newly established North Sea Power to Gas Platform to further develop the concept of Power-to-Gas (P2G): the conversion of renewable power into gas. P2G will play an increasingly important role in our future energy system, as it reduces temporal surpluses of renewable power by converting these surpluses into gases. As these gases can be used for different purposes such as transportation, domestic heating, as feedstock for the chemical industry, and power generation, the potential value of P2G is considerable.

"The establishment of the North Sea Power to Gas Platform is an important step in the transition towards a sustainable energy system", says Lukas Grond, P2G expert at DNV KEMA and secretary of the Platform. "I am pleased that this group of reputed companies has joined forces to bring this technology a step further into the global energy market." The Platform is an initiative of energy consulting and testing & certification company, DNV KEMA, and includes Fluxys Belgium and Hydrogenics (Belgium); Energinet.dk and Maersk Oil (Denmark); Alliander, Gasunie and TenneT(Netherlands); ITM Power and National Grid(UK); and Open Grid Europe(Germany).

The share of electricity from renewable sources in the European electricity mix is increasing. As the power generation from wind and solar fluctuates, the match between renewable power supply and demand is becoming more challenging. At the same time, there are additional challenges to transmit the increasing volumes of renewable power from wind or solar farms to end users. The gas infrastructure can accommodate large volumes of electricity converted into gas in case that the supply of renewable power is larger than the grid capacity or than the electricity demand. As a result, P2G enables the share of renewables in the energy mix to increase, making this innovation an important topic in achieving a carbon-neutral gas supply in 2050.

P2G is of particular interest for the North Sea area as its on- and off-shore natural gas infrastructure is well developed. In addition, the combined generating capacity of offshore wind farms on the North Sea could reach around 100 GW by the year 2030, while the PV capacity installed in the countries surrounding the North Sea is expected to increase from 35 GW in 2012 to almost 60 GW in 2020.

The North Sea Power to Gas Platform is a joint body, based on an integrated network of stakeholders, aiming to further develop the concept of P2G in the countries surrounding the North Sea. The Platform collaborates with the European Gas Research Group(GERG), the Mediterranean Power2Gas Platform (currently being established), as well as shipping companies, NGO's, utilities, energy technology providers, Transmission System Operators and Distribution System Operators."

For further information please contact: Rolf van Stenus Global Press Officer, DNV KEMA, on +31 26 356 2607 or email rolf.vanstenus@dnvkema.com.

Hannover Fair and First Sale to New Territories

Hannover Fair results in Significant Utility Scale Power-to-Gas Enquiries

First Sales Achieved in South America and Hungary

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces a successful Hydrogen and Fuel Cell Fair at the Hannover Messe in April and the Company's first sales of products to South America and Hungary.

The Hydrogen and Fuel Cell Fair at the Hannover Messe took place from the 8th to the 12th April 2013. As last year, ITM Power had a significant presence at the Fair and once again provided its HFuel hydrogen refueling station to refuel the fleet of fuel cell electric vehicles at the event.

The Company's products attracted a high level of interest, resulting in a large pipeline of leads which have been followed up. This year the quotations that have been issued are much larger in size than last year and are predominantly to international companies. Many enquiries were also directed to specific projects or live tenders rather than general information gathering and have resulted in significant corporate engagement.

Utility scale energy storage applications in the form of both 'Power-to-Gas' and 'Power-to-Gas plus Methanation' dominated the enquiries and were the subject of dedicated discussions and presentations in the public and technical forums. The increased awareness of these energy storage techniques by major power, oil and gas companies is noteworthy.

Separately, ITM Power announces the sale of two reference plant built on the HPac platform to South America and Hungry; these are the first sales to these territories and the Company notes the increased level of interest in its products from Eastern European countries.

ITM Power CEO, Dr. Graham Cooley, commented: "We had another very good Fair at the Hannover Messe where our pipeline of enquiries was refreshed and extended. Power-to-Gas energy storage is seeing intense interest from European energy companies and ITM Power's technology is well positioned as a result of the Thuga contract win."

Dr Graham Cooley will be presenting the Company's Power-to-Gas energy storage strategy and products at the Zeus Capital "New Energy Technologies" investor conference at 2pm tomorrow, May 2nd at Dartmouth House, 37 Charles Street, Mayfair, London.

Corporate and Technical Due Diligence

ITM Power (AIM: ITM), the energy storage and clean fuel company announces that, following the conclusion of non-disclosure agreements, it has allowed three corporate customers access to a data room of technical and corporate information. The three customers, which at this stage are confidential, are a global gas group, an oil major and an aerospace and defence company. The outcomes of the due diligence processes, outlined below, have been very positive.

Suggestions that ITM are involved with Hyundi in California. Awaiting confirmation.

Trading Statement

ITM Power has made the following significant progress toward the full commercialisation of its technology, both in the UK and internationally, as countries around the world advance their plans for hydrogen infrastructure roll-out, namely:


· Founding member of the Californian Hydrogen Business Council Hydrogen Energy Storage (HES) Program
· Formation of a Danish subsidiary to participate in the Danish markets for Power-to-Gas energy storage and hydrogen mobility
· Sale of a Power-to-Gas unit to the Thüga Group a consortium of German utilities and participation in the German Energy Agency's Power-to-Gas Strategy Platform
· New grant awards in the last year for collaborative projects with large multi-national company partners totalling £4.25million over the next 3 years
· Publication of the UKH2Mobility report outlining the roll out of refuelling stations in the UK, 50% of which will be based on electrolysis for hydrogen production.

Participation in French Mobility Programme