14th Jan 2019 10:50
LONDON (Alliance News) - ITM Power PLC on Monday said it has sold four electrolyser systems to three different customers across Australia.
The four deployments represent an "important step in entering this significant new territory", the company said, as it looks to expand forward in the country.
"Australia is a very exciting new market for green hydrogen production and we are pleased to be making these important deployments of reference plants for ITM Power technology. Australia holds significant growth opportunities for us and demonstrates the accelerating momentum in the hydrogen sector," Chief Executive Officer Graham Cooley said.
Shares in the hydrogen energy solutions manufacturer were trading down 2.8% at 21.00 pence each.
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