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Share Price: 46.40

Bid: 46.52

Ask: 46.70

Change: -0.76 (-1.61%)

Spread: 0.18 (0.387%)

Open: 47.40

High: 48.00

Low: 46.00

Prev. Close: 47.16

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IN BRIEF: ITM Power Toasts European Commission's Hydrogen Strategy

Wed, 08th Jul 2020 16:37

ITM Power PLC - Sheffield-based hydrogen energy solutions - Notes European Commission's hydrogen strategy. ITM Chair Roger Bone said: "This is an unmistakable signal that the EU is combining economic recovery stimulus with existing commitments to climate change targets. I would very much hope that the EU's lead will be followed by governments around the world as they come to appreciate the power of renewables and hydrogen working together to lower carbon emissions permanently."

Current stock price: 311.00 pence

Year-to-date change: up sharply from 81.00p

By Eric Cunha; ericcunha@alliancenews.com

More News

1 Mar 2022 09:37

LONDON BROKER RATINGS: JPMorgan upgrades Mondi and ITM Power

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

1 Mar 2022 08:17

LONDON BRIEFING: abrdn lauds "reset year" as revenue rises in 2021

(Alliance News) - Asset manager abrdn on Tuesday reported its first increase in annual revenue since the merger that created the current company.

16 Feb 2022 11:46

Credit Suisse slashes target on ITM Power due to faster-than-expected decline in PEM pricing

(Sharecast News) - Analysts at Credit Suisse reiterated their 'underperform' recommendation for shares of hydrogen energy solutions provider ITM Power due to the pressure on the company's prices as joint-venture partner Linde takes a larger share of the system price.

15 Feb 2022 11:17

LONDON BROKER RATINGS: RBC lifts Unilever and cuts BAT

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

4 Feb 2022 09:34

LONDON BROKER RATINGS: Goldman starts Ceres at Sell, ITM at Neutral

28 Jan 2022 13:59

IN BRIEF: ITM Power sells electrolyser to Linde for partner Yara

28 Jan 2022 08:33

ITM Power sells 24MW electrolyser to Linde Engineering

(Sharecast News) - Energy storage and clean fuel company ITM Power has sold a 24-megawatt electrolyser to Linde Engineering.

27 Jan 2022 13:10

ITM Power interim revenue rises but loss widens on increased overheads

27 Jan 2022 07:41

Revenue grows, EBITDA loss widens for ITM Power

(Sharecast News) - Energy storage and clean fuel technology company ITM Power reported revenue of Â£4.2m in its interim results on Thursday, up from Â£0.2m year-on-year, with that prior year figure reflecting the impact of Covid-19 issues in 2020.

25 Jan 2022 09:57

LONDON BROKER RATINGS: Credit Suisse likes Hargreaves Lansdown, abrdn

13 Jan 2022 09:23

UPDATE 2-Betting on hydrogen hype, Thyssenkrupp eyes $687 mln in IPO cash

* Hydrogen business rebranded Nucera* Nucera could be floated in IPO in spring* Nucera had sales of 319 mln euros, EBIT of 27 mln in 2020/21 (Adds details on market size)By Christoph Steitz and Tom KäckenhoffFRANKFURT/DUESSELDORF, Jan 13 (Reuters) ...

13 Jan 2022 09:23

UPDATE 1-Thyssenkrupp hydrogen business eyes up to $687 mln in IPO proceeds

* Hydrogen business rebranded Nucera* Nucera could be floated in IPO in spring* Nucera had sales of 319 mln euros, EBIT of 27 mln in 2020/21 (Adds details on potential shareholder structure)By Christoph Steitz and Tom KäckenhoffFRANKFURT/DUESSELDOR...

13 Jan 2022 07:00

Thyssenkrupp hydrogen unit eyes up to $687 mln in possible share sale proceeds

By Christoph Steitz and Tom KäckenhoffFRANKFURT/DUESSELDORF, Jan 13 (Reuters) - Thyssenkrupp unit Uhde Chlorine Engineers aims to rake in up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year,...

10 Jan 2022 12:38

ITM Power gets funding as part of German federal hydrogen project

(Sharecast News) - ITM Power announced on Monday that its wholly-owned subsidiary ITM Power GmbH has been approved for a €1.95m award for the 'SINEWAVE' project, as part of the German Ministry of Education and Research's (BMBF) hydrogen flagship project 'H2Giga'.

10 Jan 2022 10:00

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IN BRIEF: ITM Power Toasts European Commission's Hydrogen Strategy

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