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Jun 22 2022, 07:10 IST/BST
ITM Power
Recalibrating the near-term outlook
- Sectors : Energy Transition
- Companies : ITM Power
DAVY VIEW
The long-term growth outlook for the development of hydrogen is unchanged, but we are recalibrating our assumption on the pace of ramp-up in the near term. The lead time on large projects is a headwind to growth rates that will need to be addressed by the EU. We have adjusted our forecasts on ITM accordingly.
