ITM Power confirms fuel contract with Arval

ITM Power has signed a fuel contract, selling hydrogen at £10/kg, with Arval (BNP Paribas Group) a global leader in car and van leasing.

The contract 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 successful award of funding to Arval announced by OLEV on 13 October under the FCEV Fleet Support Scheme.