UK: ITM Power reports 2011-12 full-year results

The AIM-listed hydrogen electrolysis specialist ITM Power has announced its financial results for the year ended 30 April 2012, including its first significant revenues of £480,000 (US$751,408) (2011: £8,000). Automotive World reported on 17 July the company's downwards-revised hydrogen production cost structure, and its TSB-funded project management of EcoIsland, an Subscribe to Automotive World to … Continued

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• July 19, 2012