Business
Award of Grant
Award of Grant.
About this update from Itm Power Plc
[{"type":"text","content":"\n RNS Number : 0280K ITM Power PLC 12 April 2010 \n \n\n \n12 April 2010\n \nITM Power plc\n(\"ITM Power\" or \"the Company\")\n \nGrant Funding for Electrolyser Scale Up\n \nITM Power (AIM:ITM), the energy storage and clean fuel company, is pleased to announce that the Company has been awarded grant funding of £195,000.00 over 12 months towards a project to progress the development of a Clean Fuel Production Module (CFPM).\n \nThe grant will enable ITM Power to scale up cells and stacks to achieve a versatile CFPM designed for high volume manufacture; an important step to commercialise ITM Power's key Hydrogen infrastructure products.\n \nITM Power is showcasing a range of Hydrogen generation products atthe Hannover Messe on 19-23 April and the NHA Expo at Long Island, California on 3-6 May.\n \nITM Power Electrolyser Brochure\nhttp://www.itm-power.com/index2.php?option=com_content&view=article&id=358 \n \nITM Power HFuel Brochure\nhttp://www.itm-power.com/index2.php?option=com_content&view=article&id=359\n \nDr. Graham Cooley, CEO ITM Powercommented; \"I am delighted that a UK government body has again acknowledged the importance and significance of ITM manufacturing its new product range in the UK.\"\n \nNotes to Editors:\n \nITM Power has developed a range of materials and technology to reduce the cost of hydrogen production. The Company is developing equipment to convert renewable energy to a clean fuel; storing the energy as green hydrogen for decarbonising transport, industrial and residential applications. www.itm-power.com \n \nFor further information please visit itm-power.com or contact:\n \nITM Power plc 0114 244 5111\nGraham Cooley, CEO\n \nPanure Gordon & Co 020 7459 3600\nAndrew Godber\n \nTavistock Communications 020 7920 3150\nSimon Hudson / James Midmer\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCGMGMDGZMGGZM \n ","length"...