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Starting with the query, “What do you mean, green?” and moving on to the idea that fossil CO2 from transportation is the primary problem that green hydrogen can fix, this study, published in Clean Technologies and discussed in this article, covers the rise of green hydrogen in the United Kingdom. ....
The ITM share price is rising. Is now the time to buy this hydrogen stock? More on: I last wrote about ITM Power(LSE:ITM) in December and concluded it was a stock with growth potential, but too much of a gamble for me. After a promising start to the year, the ITM share price plummeted and is now down 48% from its January high. One reason was the challenging environment created by the pandemic. Covid-19 restrictions led to a 92% revenue drop in its half-year earnings to 31 October. The question is, does the drop create a buying opportunity for me, as a long-term investor? ....
TRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal Tue, 4th May 2021 19:13 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Supreme PLC - maker of fast-moving consumer goods - Expects 30% revenue hike in year ended March 31 to GBP121 million from GBP92.3 million, in line with management expectations. Adjusted earnings before interest, tax, depreciation and amortisation tipped to rise 20% to GBP19 million from GBP16.2 million. I am delighted to provide our first trading update since our AIM admission in February 2021. We continue to build on our strong track record of growth, with our strategy to focus on high growth categories such as vaping and sports nutrition really coming to fruition, Chief Executive Officer Sandy Chadha comments. ....
Follow John on: A look at some of the major movers in London on Tuesday ITM Power PLC (LON:ITM) shares traded 16% lower at 439.8p after the cleantech company set up ITM Motive as a separate subsidiary company. All English refuelling assets owned by ITM Power (Trading) Limited have been transferred to ITM Motive, and resources and personnel have been transferred to ITM Motive, which was set up as a division in 2020 with the appointment of Dr Duncan Yellen as managing director. ITM Motive owns and operates a portfolio of 12 hydrogen refuelling station assets, eight of which are currently commissioned with a further four in the process of being built or funded. ....
Author: Jake Stones 2021/03/11 The story was updated with the UK government s announcement of funds for low-carbon vehicle support LONDON (ICIS) National hydrogen strategies across the planet aim to use low-carbon hydrogen to decarbonise the transport sector. Despite clear benefits to tackling the trucking industry’s emissions with hydrogen fuel cells, higher costs still prevent uptake. Heavy-duty vehicles accounted for 27% of road transport-related emissions and around 5% of all European Union emissions in 2016, according to the Fuel Cells and Hydrogen Joint Undertaking (FCH JU) paper on hydrogen fuel cell trucks released in December 2020. ....