Sheffield's ITM Power signs new hydrogen fuel contract with Arval

ITM Power, the Sheffield-based energy storage and clean fuel company, has signed a new fuel contract with car and van leasing firm, Arval.

The contract, which sells hydrogen at £10/kg, covers fuel dispensed across ITM Power’s hydrogen refuelling network.

The refuelling network has been financially supported by Innovate UK, OLEV and FCH JU.

This follows the securing of funding to Arval announced by OLEV on 13 October under the FCEV Fleet Support Scheme.

Elliott Woodhead, SME & Partnerships director at Arval, commented: “As an innovative provider of car and van leasing solutions for business it is vital that Arval is fully informed on developments that might affect our customers both now and in the future.

“Hydrogen has the potential to have a significant impact on our market and we need to be fully prepared for this.

“In signing this supply agreement with ITM Power we are pleased to be working with the leading innovator in the development of Hydrogen refuelling networks”.

Dr Graham Cooley, CEO of ITM Power, said: “We are extremely pleased to be working with Arval in providing clean fuel for the roll-out of fuel cell electric vehicles to the wider business community.

“We look forward to supporting their fleets at our hydrogen refuelling stations.”

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