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ITM Power achieves objectives

Written by Business Weekly

Tuesday, 09 January 2007

Alternative energy innovator, ITM Power reports that it has successfully achieved its milestone objectives set out for completion by the end of December. The firm, which has recently signed a contract with the MoD, said it had been successful in testing and further reducing costs in its low cost hydrogen electrolyser and dual liquid fuel cell projects. The announcement raised ITM’s share price by 4.5p to 127p.

 

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