ITM Power has been chosen by EDF Renewables UK and Hynamics to carry out the plant integration engineering package for the Tees Green Hydrogen project in the UK, which is part of the country's Hydrogen Allocation Round 1. This initiative, supported by funding from the UK's Net Zero Hydrogen Fund, aims to utilize four NEPTUNE II units to supply green hydrogen, contributing to the decarbonization of local industries and the reduction of industrial pollution. Founded in 2000 and listed on the AIM market of the London Stock Exchange in 2004, ITM Power is headquartered in Sheffield, England. The company specializes in the design and manufacture of electrolysers using proton exchange membrane (PEM) technology to generate green hydrogen from renewable electricity and water. Despite a year-to-date price performance decline of -20.17%, ITM Power's technical sentiment signal indicates a Strong Buy. The company currently boasts a market capitalization of £166.7 million. This collaboration for the Tees Green Hydrogen project showcases ITM Power's expertise in the green technology sector and its commitment to contributing to sustainability efforts in the UK.