Business
Autoglass Joins Hydrogen On S
Autoglass Joins Hydrogen On S.
About this update from Itm Power Plc
[{"type":"text","content":"\n RNS Number : 0511Y ITM Power PLC 16 December 2010 \n \n\n16 December 2010\n \n \nITM Power plc\n(\"ITM Power\" or \"the Company\")\n \nAutoglass®Joins ITM Power's Hydrogen On Site Trials \n \nITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that Autoglass®has signed an agreement to participate in the Hydrogen On Site Trials (HOST) of ITM Power's transportable high pressure refueling unit (HFuel). The HFuel unit was built with support from the Technology Strategy Board (TSB) and was launched at the Company's AGM on 15th September 2010. \n \nAutoglass®is part of the world's largest vehicle glass repair and replacement company and is the leading operator in the UK serving 1.5 million motorists each year. Autoglass®have a fleet of 1,600 vehicles operating from 101 branches throughout the UK.\n \nCommenting for ITM Power, CEO Graham Cooley said: \"I am delighted to welcome Autoglass to the HOST scheme as another important return to base light commercial fleet operator recognises the value in our clean fuel proposition. The value in decarbonising light commercial fleets will become more of an economic decision as oil prices continue to rise and carbon based taxes and charges are introduced.\"\n \nFor Autoglass®, Ged Raymond, Fleet Manager said: \"We are excited by the potential of this technology to fuel a fleet of vehicles which operate in a return to base capacity and believe that it could represent a major opportunity to achieve our stated aims within reducing our carbon footprint.\" \n \nFor further information please visit www.itm-power.com or contact:\n \n\n\n\n\nITM Power plc\nGraham Cooley, CEO\n\n\n0114 244 5111\n\n\n\n\nPanmure Gordon & Co.\nKatherine Roe\n\n\n020 7459 3600\n \n\n\n\n\nTavistock Communications\nSimon Hudson / Andrew Dunn\n\n\n020 7920 3150\n\n\n\n\n \n\n\n\nAbout HOST\nHOST will begin in the first quarter of 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. The list of trial partners, in order of publication, is as follows:\n \n\n\n\n\nOrganisation\n\n\nSector\n\n\nW...