2nd May 2014 09:19
LONDON (Alliance News) - ITM Power PLC said Friday that through its US subsidiary ITM Power Inc it has received a Notice of Proposed Award from the California Energy Commission to supply its second US hydrogen refuelling station.
The energy storage and clean fuel energy said it has received the CEC's award for USD2.1 million to supply a public 100 kilogramme per day turnkey hydrogen refuelling station in Riverside, California.
The award is part of PON 13-607, the second solicitation in a 10-year programme to deploy refuelling stations across California to support the roll-out of fuel cell electric vehicles. In the previous round of this competition, ITM Power was successful in securing the supply of an electrolyser to Hydrogen Frontier Inc for a station in Chino, California.
The project will now enter a period of contract negotiation and agreement before being officially started following formal acceptance by the CEC, said the firm.
Shares in ITM were trading 4.07% higher at 32 pence per share Friday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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