Off the shelf, best in class, looking that is where the 1MW - 20MW will be done |
I'll take any positives, any sales |
Does make you laugh the uk market
If the outfit had provided some bad news it would have halved |
Now if only every services in the UK could have a Neptune that would reduce the cost of transporting Hydrogen and at the same time give them a constant supply to refuel trucks 24 hours a day without having to worry where the supply is coming from. Much better than have say 30 to 40 trucks queuing up to charge which would take forever lol. |
A bargain...In old parlance. |
Maybe Graham 👍 |
I suppose you could always support them when they move to Germany then. |
😊 am not buying why would anyone buy uk stocks and shares anymore? |
Not sure it would have already been manufactured Moon. Only just ordered it lol. Remember they are in the process of manufacturing 300mw for RWE and Shell. |
Barney
Nice to see you buying |
Think there may be an additional bounce today after the initial trump news recovery |
It is happening.. as they said it would. Good news indeed.
Hopefully our patience will be rewarded. |
These small deals have already been manufactured to set up immediately and profit from straight away, and maybe quickly see and record and tell people finally what benefit having an itm product will do for them. Not currently invested. But these are the bread and butter if can start picking them up. |
Blake
The company has plenty of cash and increasing revenue. |
Well done itm now one of these a week |
https://www.hydrogeninsight.com/electrolysers/what-does-trump-s-victory-mean-for-european-green-hydrogen-tech-firms-expansion-into-the-us-/2-1-1735770 |
No details on profit so another short for me after the initial 1-2p spike |
Another first by ITM and a great advert for potential customers who want a quicker answer for hydrogen production.
These units allow for site preparation to be done well before delivery allowing producers to start hydrogen production far quicker than any other type of electrolyser. It doesn’t really need to be green electricity starting off. |
The current market cap is not much more than the net cash position after deducting all liabilities.
So the market is telling us that the technology that has been developed has little value.
I don't think that's correct. Fortunately they have enough cash to invest for years by which time the company will have either failed or succeeded so it looks good value to me. |
another few quid in the bank |
Right let’s get production moved to Germany 😬 |
 ITM Power is pleased to announce that we have signed our first contract to sell a NEPTUNE V unit to Guttroff GmbH, a private German company that provides solutions for technical and medical gases, welding supplies, and engineering and which celebrates its 100th company anniversary in 2025.
Launched in May this year and ideally suited for mid-sized projects, NEPTUNE V utilises ITM's leading and proven TRIDENT stack technology. NEPTUNE V is our full-scope 5MW containerised electrolyser plant. It provides reliable, flexible, and highly efficient hydrogen production capacity and the industry's smallest footprint per MW.
In July 2024, Guttroff received €5m of funding from Bavaria's Ministry of Economic Affairs and Energy as part of the Bavarian electrolyser subsidy program to start the domestic production of green hydrogen in the area. The electrolyser will provide green hydrogen to a planned refuelling station.
Dennis Schulz, CEO, said: "We are delighted to have been chosen by Guttroff, a renowned gases company, to provide our best-in-class technology for their first green hydrogen project. Since its launch just a few months ago, NEPTUNE V has been very well received by customers, and we are excited about the level of interest". |
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