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ITM Power

09 Aug 2012 10:08:39

Agreement with GMI Renewable Energy Group



ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has signed an agreement with GMI Renewable Energy Group Ltd ("GMI") to offer an integrated renewable power generation and hydrogen production for back-up power, industrial processes and refuelling solutions for materials handling equipment in commercial buildings.

This agreement will offer renewable power coupled to hydrogen generation as a totally zero carbon process. Under the agreement, GMI will offer its existing and potential new customers the alternative of hydrogen generation as a use of their renewable power generated on-site.

ITM Power will provide the hydrogen generation and refuelling equipment and, if required, the fuel cell systems to enable customers to produce zero carbon hydrogen at the point of use for use in materials handling solutions, back up power and industrial processes.

GMI, trading as GMI Energy, is part of the GMI family of companies, which has delivered many successful building and construction service projects for over 25 years, for an international portfolio of developers, public sector clients and blue chip companies. GMI’s range of services includes solar PV, low energy lighting, biomass and smart metering. GMI will select, design, install and manage renewable energy and energy saving systems of all sizes and on any type of property. GMI ensure the eligibility and warranty of the systems to both meet the property’s energy requirements and provide the maximum financial return.

ITM Power CEO, Dr. Graham Cooley, said: "GMI is a great partner for ITM Power to bid for onsite hydrogen generation systems powered by renewables. A fully integrated renewable energy system which includes hydrogen fuel for applications like back up power, forklifts and pallet trucks is a unique market offering."

GMI Energy operations director, Phil Roberts, added: "ITM Power brings to GMI complimentary technology which combined with GMI's expertise in renewable energy deployment constitutes a unique integrated offering for our customers. We are very excited about this collaboration."

For further information, please contact ITM Power.


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