ITM Power, a pure-play hydrogen company, is facing execution challenges, a sluggish turnaround, and long-term commoditization risks. The company reported lower revenue and increased gross losses for ...
ITM began the year with a new management team and a new turnaround plan. Six months later, the company has little to show for it. The massive net cash balance buys ITM some time, but the runway is ...
DUBLIN--(BUSINESS WIRE)--The "Global Hydrogen Electrolyzer Market (Alkaline, PEM & Solid Oxide): Insights & Forecast with Potential Impact of COVID-19 (2023-2027)" report has been added to ...
Earnings call ITM Power reported H1 FY25 revenue of £15.5M, up 74% YoY, driven by record Neptune II deliveries. Underlying EBITDA loss improved to £16.8M from £18.1M, and cash burn halved excluding ...
ITM Power says it has restructured its business to shift its focus from hydrogen refueling to PEM electrolysis tech, while Stahlwerk Thüringen and gas network operator Ferngas have agreed to connect ...
4. The European Commission approved a €4 billion electrolyzer special fund, providing a 30% subsidy on equipment costs for projects with an annual capacity of ≥500 MW, and set a 2030 target for ...
ITM Power Plc engages in the design and manufacturing of proton exchange membrane (PEM) technology to produce green hydrogen. Its products include electrolyzer units and plug and play systems. The ...
ITM Power Plc (OTC:ITMPF) specializes in engineering and producing hydrogen energy systems for a variety of applications in Europe and the United States. The company also offers a variety of products ...
The "Green Hydrogen Market Research Report 2025-2030" has been added to ResearchAndMarkets.com's offering. The Green Hydrogen Market was valued at USD 9.09 billion in 2024, and is projected to reach ...