18 July 2011
ITM Power plc
("ITM Power" or the "Company")
Carillion plc Purchases HOST Trial
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that Carillion plc has entered into a one week paid-for Hydrogen On Site Trial (HOST) of ITM Power's transportable high pressure refueling unit (HFuel). The HFuel unit was built with support from the Technology Strategy Board (TSB) and was launched at the Company's AGM on 15th September 2010.
Carillion plc is one of the UK's leading support services companies, employing around 50,000 people, and has annual revenue of over £5bn. Carillion has operations across the UK, in Canada and the Middle East.
Commenting for ITM Power, CEO Graham Cooley said: "We are delighted that Carillion plc will be joining our HOST trials and has made the commitment to enter into a paid-for trial in July for us to fit in to our busy schedule of trials. This is a real opportunity for ITM Power to show the benefits of HFuel for producing a clean fuel which demonstrates hydrogen cost 'parity with petrol' and contributes to decarbonising transport, improving air quality and eliminating carbon from the fuel supply chain."
Doug Randell, Operations Manager for Carillion Fleet & Plant services, added: "At Carillion we want to offer serious low carbon transport solutions for our clients that also enable Carillion to meet its long term goals for sustainability. We view ITM Power's HFuel technology as playing a potentially important role, and look forward to the commencement of the trial later this month."
For further information please visit www.itm-power.com or contact:
ITM Power plc Graham Cooley, CEO |
0114 244 5111 |
Nomura Code Securities Limited Juliet Thompson / Dr Christopher Golden |
020 7776 1200 www.nomuracode.com |
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Tavistock Communications Simon Hudson / Andrew Dunn |
020 7920 3150 |
About HOST
HOST started in the first quarter of 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. The list of trial partners, in order of publication, is as follows:
Organisation |
Sector |
Web Site |
DHL Supply Chain |
Logistics |
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London Stansted Airport |
Infrastructure |
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The Forestry Commission |
Land Use |
|
Sheffield City Council |
Local authority |
|
London Borough of Camden |
Local authority |
|
Scottish Water |
Utility |
|
SSE (Scottish & Southern Energy) |
Utility |
|
Vestas Wind Systems |
Alternative energy |
|
Scottish Police Services Authority |
Emergency Services |
|
Center Parcs |
Leisure |
|
Southampton City Council |
Local authority |
|
Tarmac Group |
Construction |
|
The Commercial Group |
Logistics |
|
May Gurney Integrated Services |
Infrastructure |
|
Enterprise |
Public Services/ Utilities |
|
VolkerHighways |
Construction |
|
Amey |
Public Services |
|
RAC |
Motoring Services |
|
Autoglass® |
Motoring Services |
|
Isle of Man Government |
Infrastructure |
|
UPS® |
Logistics |
|
Carillion |
Support services |
HOST provides each partner with a trial of HFuel and the Revolve HICE transit vehicles, The demonstrations are 100% managed and operated by ITM personnel in liaison with site owners'operations and management.
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