UK-based ITM Power has inked a deal to supply four NEPTUNE V units, totaling 20 MW, for the initial phase of Norway's Hydrogen Hub Agder project. This initiative, owned by Greenstat, a subsidiary of FDE, aims to leverage ITM Power's TRIDENT stack technology to establish a reliable and efficient green hydrogen production facility. The project, set to be completed in two years, plans to cater to the maritime and heavy transport sectors by the end of 2026. Additionally, a subsequent phase targeting an additional 40 MW is slated for launch in 2027. The collaboration between ITM Power and FDE has been greeted with optimism, with both CEOs highlighting the potential of green hydrogen in the Nordic countries. Furthermore, ITM Power's involvement in developing a standardized design for a 10 MW green hydrogen plant with a European energy company signifies broader efforts in promoting sustainable hydrogen technology. Moreover, ITM Power has achieved a significant milestone in electrolyzer technology by reducing iridium loading by 40%, which is expected to lower stack costs substantially. This advancement, coupled with catalyst recovery processes, aims to decrease the consumption of critical raw materials, indicating a positive trend towards cost efficiency and sustainability in hydrogen production.