ITM Power PLC has partnered with a European energy company to work on developing a standard design for a 10MW green hydrogen production plant. The collaboration aims to contribute to the UK's target of achieving 6GW of installed green hydrogen capacity by 2030. This initiative highlights ITM Power's leadership in the industry and the efficiency of its technology. ITM Power, founded in 2000 and based in Sheffield, England, specializes in designing and manufacturing electrolysers using proton exchange membrane technology to produce green hydrogen from renewable sources like water and electricity. The company's stock, listed on the AIM market of the London Stock Exchange, has shown positive year-to-date performance and has a current market cap of £221 million. This partnership underscores the growing significance of green hydrogen in the renewable energy sector and reflects positively on ITM Power's position as a key player in advancing sustainable energy solutions.