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California Energy Commission Report
California Energy Commission Report.
About this update from Itm Power Plc
[{"type":"text","content":"\n \nRNS Number : 2632F ITM Power PLC 22 May 2013 \n \n\n22 May 2013\n \nITM Power plc\n(\"ITM Power\" or the \"Company\")\n \nCalifornia Energy Commission Report\n \nITM Power (AIM: ITM), the energy storage and clean fuel company, notes its inclusion in the recently published California Energy Commission (\"CEC\") Staff Report that has been made available via the internet.\n \nThe Company has been named as the electrolyser provider in a consortium headed by Californian company Hydrogen Frontier that has submitted a tender to install an Hydrogen Generation & Fuelling Facility at the Hyundai North America R&D Facility located in Chino, California. The report can be viewed at the following link: http://www.energy.ca.gov/2013publications/CEC-600-2013-002/CEC-600-2013-002.pdf\n \nThe Company confirms that it is part of the consortium, however, the contract has not yet been approved by the CEC and there can be no certainty as to its approval. \n \nThe Hydrogen Frontier tender was included in the Notice of Proposed Awards issued by the CEC on 11 April 2013. The notice can be viewed at the following link: http://www.energy.ca.gov/contracts/PON-12-606_NOPA.pdf\n \nThe Company will update the market when further information becomes available. \n \n \nFor further information please visit www.itm-power.comor contact: \n \n\n\n\n\nITM Power plc\nGraham Cooley, CEO\n \n\n\n0114 244 5111\n\n\n\n\nN+1 Singer (Nominated Adviser & Broker) \nShaun Dobson / Jenny Wyllie\n \n\n\n020 7496 3000\n\n\n\n\nTavistock Communications\nSimon Hudson / Kelsey Traynor\n\n\n020 7920 3150\n\n\n\n\n \nAbout ITM Power\nITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO. Further funding rounds of £28.5m in 2006 and £5.4m in 2012 have been completed. The Company has now made the transition from a research and development company to a product manufacturer and technology provider. The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions. The Company has been successful in developing strategic industry partnerships in the following projects:\n \n· Participation in H2US...