ITM Power Secures Contract for 10MW Green Hydrogen Plant Design in Europe
Key Ideas
- ITM Power, based in Sheffield, has been awarded a contract to develop a standard design for a 10MW green hydrogen plant in Europe.
- The design will utilize Neptune V plug-and-play electrolyser systems with ITM's Trident stack technology, targeting the UK's goal of 6GW green hydrogen capacity by 2030.
- The agreement signifies ITM Power's leadership in the green hydrogen market and the growing interest in large-scale hydrogen projects in Europe.
- The client intends to replicate the design in multiple projects across the UK, highlighting the expansion potential for green hydrogen infrastructure.
ITM Power, a company based in Sheffield, England, specializing in electrolyser systems for green hydrogen production, has announced that it has secured a contract from a European energy company to collaborate on the design of a 10-megawatt green hydrogen production plant. The goal is to develop a standard design configuration using two Neptune V plug-and-play 5MW containerised electrolyser systems integrated with ITM's Trident stack technology. This initiative aligns with the UK's ambitious plan to achieve 6 gigawatts of green hydrogen capacity by 2030.
Dennis Schulz, the Chief Executive Officer of ITM Power, expressed enthusiasm about the agreement, highlighting the company's position as a leader in the green hydrogen market. The partnership with a major European energy company underscores the relevance and competitiveness of ITM Power's Neptune V electrolyser technology.
The client's intention to roll out the design to multiple projects in the UK indicates a growing demand for green hydrogen infrastructure in the country. This contract not only strengthens ITM Power's presence in the European market but also signifies a step forward in achieving the UK's renewable energy targets. The collaboration between ITM Power and the European energy company represents a significant advancement towards establishing large-scale green hydrogen production facilities in Europe.