ITM Power continues resurgence

ITM Power continued its resurgence on the London Stock Exchange after it revealed it has signed a Memorandum of Understanding with Hydrogen Engine Center Inc, a US company that designs, manufactures and distributes alternative fuel internal combustion engines.The joint objective is to develop products for a non polluting grid independent energy system which can undergo early field trial testing.HEC anticipates that ITM can offer an assured supply of hydrogen using ITM’s low cost electrolyser technology.

The combination of a low cost electrolyser and a hydrogen fuelled internal combustion engine could provide the essential technology to convert low-value intermittent renewable energy (wind, solar) into a reliable non-fossil energy supply.