Business
First Refuelling Station Sale in the US
First Refuelling Station Sale in the US.
About this update from Itm Power Plc
[{"type":"text","content":"\n \nRNS Number : 7041N ITM Power PLC 11 September 2013 \n \n\n11 September 2013 \nITM Power plc\n \nFirst Refuelling Station Sale in the US\n \nITM Power (AIM: ITM), the energy storage and clean fuel company, announced today through its new US company, ITM Power Inc., it has received a purchase order from Hydrogen Frontier, Inc. (\"HFI\") to supply a rapid response electrolyser unit to be integrated into Hyundai's hydrogen energy and fueling station in Chino, Calif. \nThe award for an electrolyser-based hydrogen refuelling station comes from the California Energy Commission (CEC) which approved the proposal on April 11, 2013. The refueling station will be located at the Hyundai America Technical Center testing facility near the I-10 freeway. The refueling unit, deployed in collaboration with Powertech Labs in Canada, will be capable of generating 100kg/day of hydrogen with the ability to dispense at both 350 and 700bar.\n \nThe award for the complete refueling station is US$3 million and was issued under two set asides, namely the 100 percent renewable and non-road categories. This means that the hydrogen will be produced on site as a 100percent renewable fuel, and that the station will dispense hydrogen for public use for fuel cell electric vehicles, and provide hydrogen for Hyundai's Tucson Fuel Cell fleet and fork lifts.\n \nCalifornia has a planned schedule of funding and investing in more stations using similar award schemes. These investment are expected to continue on an annual basis in accordance with the California Road Map: The Commercialization of Hydrogen Fuel Cell Vehicles. In addition, H2USA an initiative between the global automotive industry, hydrogen fuel suppliers and the US Department of Energy and was announced May 13, 2013. The objective of this initiative is to establish a US road map and plan for the commercial roll-out of fuel cell vehicles across the USA.\n \nAs part of the Company's plans to expand its activities on a global basis, ITM Power will establish a permanent staff in the US for ITM Power Inc. ITM Power's Business Development Manager, Stephen Jones, has been appointed Managing Director of ITM Power Inc. and will be working alongside Geoff Budd, ITM Power's existing representative in the United States and Canada to grow the Company's North American acti...