STOCK WATCH

CLEAN energy company ITM Power surged after revealing plans for the first hydrogen bus route in France.

Eight buses fuelled by hydrogen will run in the French town of Pau from September 2019. The vehicles, which can be recharged in 10 minutes and travel up to 350km, use zero-emission technology which doesn’t emit any greenhouse gases or pollutants.

Earlier this week Investec raised its target price for ITM by 11.5p to 39.5p. Shares rose 16.4pc, or 5.12p, to 36.38p.