ITM Power, based in Sheffield, UK, has recently signed a contract to supply four Neptune V units to La Française de l’Energie SA (FDE) for a project in Norway, aimed at producing green hydrogen for the maritime industry. This move reflects the company's involvement in the low-carbon hydrogen sector and its momentum in the market. Additionally, ITM Power is in alignment with the UK Government's hydrogen goals, as it plans the development of a 10MW green hydrogen production plant, supporting the country's target of achieving 6GW of green hydrogen capacity by 2030. Financially, ITM Power has reported positive results with revenue growth of 74% year-on-year, reduced losses, and a strong cash position. The company's record contract backlog of £135.3m demonstrates its increasing momentum and scalability in the hydrogen sector. With a strategic focus on operational efficiency, cost reduction, and expanding its green hydrogen footprint, ITM Power is well-positioned for growth and innovation in the evolving market. This strategic approach, along with continued innovation through its Neptune V units, indicates that ITM is ready to capitalize on the growing demand for sustainable energy solutions and remains a significant player in the hydrogen sector.