| ITM
Power plc (AIM: ITM) wish to announce that on 29 February 2008 the Company
signed a contract with Bi-Fuels Limited to test and jointly assess hydrogen/
diesel bi-fuel technology.
The contract is the first step
in establishing further test data on this technology, as ITM continues
to explore the impact of hydrogen injection into diesel fuelling systems.
Under the terms of the contract, Bi-Fuels is committed to develop and test
technologies for Hydrogen:Diesel co-combustion in common-rail engines for
ITM which are applicable to ITM's proprietary materials and processes.
The Bi-Fuels contract effectively replaces the MOU with ABRO, which has
expired without testing taking place.
Progress of this relationship
will be reported in due course.
Jim Heathcote, CEO ITM Power,
said:
"The collaboration with Bi-Fuels
Limited will enable ITM to accelerate its investigation of hydrogen/diesel
bi-fuel technology, which is another area of commercial potential for ITM's
intellectual property and expertise." |