ITM RNS BIG HIT Project UpdateRNSRNS Number : 6861NITM Power PLC10 May 2018ITM Power plc("ITM Power" or the "Company"First Refuelling of a Hydrogen Vehicle in Orkney Using Locally Produced, Renewable HydrogenLoadsadough
H2 for Trucking From" Bilboburglar" on LSEThis "magazine" covers developments in US trucking technology. If stuff happens there not only is there an opportunity for ITM there but it will come here eventually.[link]
IMechE research on hydrogen I see some IMechE research on hydrogen for grid balancing is covered in the Guardian today... [link]
Re: ITM LaodsaD - thats the way ro do it, BUT I got up late!!! Ah the early bird! I was looking to add a few more too but I guess that I will probably have another opportunity (I hope so anyway) - Sentiment is so important with a stock like ITM - Well done you! ATB
Re: ITM I bought some when they were over 3% down today.Loadsadough
Re: Others SYM forgot to add - I am happy to be patient with ITM, and will only sell when there is a nice burst up on good news - Hopfully it will surely come! ATB
Re: Others SYM Hi LoasaD - Unfortunately I sold out of OXB too early!!! I was just being too catious - I traded for my son, and made £1000 f or him, bur nevermind, you cant win them all, well I cant anyway! I Hope all goes well -
Re: Others SYM Hello Andy, ITM will take time, but in the end it will go up. We just have to wait. SYM in the last three trading days has gone up 35.02% Wow. What will it do tomorrow. As you say the markets are strange at the moment, I also watch PHE, SYM, OXB, SXX, and ITM.Loadsadough
Re: Others SYM Hi LoadsaD - I must admit I didnt, but I am just taking things easy at the mo - ITM doing OK as you say, but I would like a nice burst up to trade this , so I am just patiently sitting tight for the mo.... I must say markets are holding up reasonably well.... But I dont think there is too much confidence in them at the mo - Oh well! - ATB
Others SYM Hello Andy I see ITM is doing ok with the recent news coming out. It just needs a little time to do well.Did you do SYM it is doing well today with over 9% up after another good news.Loadsadough
Announced on twitter this morning ZEFER: Project will deploy 180 hydrogen fuel cell electric vehicles as taxis, private-hire vehicles and police cars in Paris, Brussels and London.[link]
Re: UK Govt To Subsidise Hydrogen Cars LoadsaD - I sure iz readin' the 'good info'.... BUT I am prepared to be a bit patient -HOPE ALL GOES WELL -
Re: UK Govt To Subsidise Hydrogen Cars Thanks for the information guys..I hope goldminer70, and Andy Reilly are reading all the good information.Loadsadough
Re: UK Govt To Subsidise Hydrogen Cars See ITM RNS of 26th March.[link] see the post by h2future on 27th Marc
UK Govt To Subsidise Hydrogen Cars UK Govt To Subsidise Hydrogen Carsby Paul HomewoodLast month the Department of Transport announced it was paying £8.8 million into a project promoting hydrogen cars: Police cars and taxis will be among nearly 200 new hydrogen powered vehicles switching to zero emission miles, thanks to a multi-million pound government boost.The zero emission vehicles are part of a project that has won £8.8 million in funding from the Department for Transport to improve access to hydrogen refuelling stations up and down the country and increase the number of hydrogen cars on our roads from this summer.The winning project is run by a consortium managed by Element Energy and including expertise from ITM Power, Shell, Toyota, Honda and Hyundai. It will capitalise on the reliable mileage of established fleets and see vehicles being procured by emergency services such as the Metropolitan Police, as well as Green Tomato Cars and Europcar to support the growth of refuelling infrastructure for hydrogen vehicles up and down the country.Roads Minister, Jesse Norman saidecarbonising our roads is an essential part of meeting our climate targets. The innovative new technologies involved present great opportunities for our increasingly low carbon economy.Hydrogen has huge potential, especially for those making longer journeys and clocking up high mileage. That is what makes this project truly exciting. Not only is it demonstrating the technology in action, but it is also developing the refuelling infrastructure needed for the future.The project helps cement the UKs place as a world-leader in adopting hydrogen technology, using not only British expertise through ITM Power, but also securing further investment from multi-national companies such as Shell, Toyota, Honda, and Hyundai.It also means that hydrogen cars will be able to travel further around Britain than ever before, with new refuelling stations being planned for Southwark, Isleworth, Birmingham and Derby paving the way for future expansion.The £8.8 million grant will be matched by a further £13.1 million investment including support from the companies and other sources. The project will involve the procurement of new vehicles, construction of new stations and upgrades to existing stations.