ITM Power sells factory to Japan

UK-based ITM Power produces equipment for the production and storage of hydrogen, mainly for use in the fuel cell market. The company has just announced that it has sold a plant based on its HPac platform to an as-yet unnamed company in Japan.

This is ITM’s first factory sale in Japan, leading Dr. Graham Cooley, ITM Power’s chief executive, to comment: “Japan is an important territory for ITM Power as it is seriously committed to the adoption of hydrogen as a transport fuel. We will be engaging more significantly with Japanese markets in 2013.”

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