ITM Power Signs Agreement with ABO Wind

02 Nov 2012

ABO Wind ITM

ITM Power (AIM: ITM) has announced it has signed an agreement with ABO Wind of Wiesbaden, Germany to identify and develop wind to hydrogen projects in the UK, Ireland and Germany.

ABO Wind initiates wind farm projects, acquires site locations, organises all technical and business planning, arranges international bank financing and delivers turnkey wind farms. To date, it has initiated installation of more than 350 turbines in the UK, Europe and Latin America with a cumulative capacity of more than 600 MW. ABO Wind also manages 297 wind farms on behalf of international operators.

ITM Power GmbH Managing Director, Phil Doran, said: "ABO Wind is a market leader in Germany for turnkey wind power projects and is increasingly developing a strong presence in the UK. This is an ideal partnership for ITM Power to roll out green hydrogen energy systems. We are delighted to have found such a significant partner who shares our vision of wind power coupled to energy storage."

ABO Wind Head of Prototype Projects, Thomas Nietsch added: "ITM Power is gaining an international reputation in the area of hydrogen energy systems and we are looking forward to delivering some world-leading MW-scale projects together with our partner."

Source: ITM Power


Industry Directory: ITM Power

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