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12 April 2010
ITM Power plc
("ITM Power" or "the Company")
Grant Funding for Electrolyser Scale Up
ITM Power (AIM:ITM), the energy storage and clean fuel company, is pleased to announce that the Company has been awarded grant funding of £195,000.00 over 12 months towards a project to progress the development of a Clean Fuel Production Module (CFPM).
The grant will enable ITM Power to scale up cells and stacks to achieve a versatile CFPM designed for high volume manufacture; an important step to commercialise ITM Power's key Hydrogen infrastructure products.
ITM Power is showcasing a range of Hydrogen generation products atthe Hannover Messe on 19-23 April and the NHA Expo at Long Island, California on 3-6 May.
ITM Power Electrolyser Brochure
ITM Power HFuel Brochure
Dr. Graham Cooley, CEO ITM Powercommented; "I am delighted that a UK government body has again acknowledged the importance and significance of ITM manufacturing its new product range in the UK."
Notes to Editors:
ITM Power has developed a range of materials and technology to reduce the cost of hydrogen production. The Company is developing equipment to convert renewable energy to a clean fuel; storing the energy as green hydrogen for decarbonising transport, industrial and residential applications. www.itm-power.com
For further information please visit itm-power.com or contact:
ITM Power plc 0114 244 5111
Graham Cooley, CEO
Panure Gordon & Co 020 7459 3600
Tavistock Communications 020 7920 3150
Simon Hudson / James Midmer