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ITM Itm Power Plc

50.55
-1.00 (-1.94%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Itm Power Plc LSE:ITM London Ordinary Share GB00B0130H42 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.94% 50.55 50.15 50.60 51.85 49.26 49.26 1,098,628 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electrical Machy, Equip, Nec 5.23M -101.2M -0.1641 -3.06 309.37M

ITM Power: Gigastack Project's Phase Two Receives GBP7.5 Million Funding

18/02/2020 9:03am

Dow Jones News


Itm Power (LSE:ITM)
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By Anthony O. Goriainoff

 

ITM Power PLC said Tuesday that 7.5 million pounds ($9.8 million) of funding has been awarded for phase two of the Gigastack renewable hydrogen project as part of the U.K.'s Department for Business, Energy and Industrial Strategy hydrogen supply competition.

The London-listed energy storage and clean fuel company said the project--which includes Orsted, Phillips 66 Ltd. and Element Energy--aims to show how renewable hydrogen derived from offshore wind can support the U.K.'s 2050 net-zero greenhouse-gas emission target.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

February 18, 2020 03:48 ET (08:48 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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