ITM Power provides trading update

ITM Power says it has a record backlog of £52.4m as the clean energy storage company this week provided a trading update.

According to the UK company, the market for electrolysis is growing very strongly due to the changing perspectives of industrial leaders and policymakers.

In the last year, the offshore wind and gas sectors have started to advocate green hydrogen as the means for sustaining their long-term business models.

At the same time, in the transport sector, a renewed focus has been placed on the development of zero emission heavy vehicles, where fleets need to be refuelled with large amounts of hydrogen on a regular basis.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...