Guttroff GmbH Selects NEPTUNE V: Advancing Green Hydrogen in Bavaria
Key Ideas
- ITM Power signs its first contract to sell a NEPTUNE V unit to Guttroff GmbH, a prominent German gases company celebrating its centenary in 2025.
- NEPTUNE V, utilizing ITM's TRIDENT stack technology, is a 5MW electrolyser plant offering reliable, flexible, and efficient hydrogen production with a small footprint.
- Guttroff secured €5m funding from Bavaria's Ministry of Economic Affairs for green hydrogen production, using the electrolyser to fuel a future refuelling station.
- Dennis Schulz, CEO, expresses excitement for being chosen by Guttroff and the positive reception of NEPTUNE V in the market since its recent launch.
ITM Power PLC has signed a significant contract with Guttroff GmbH, a leading German company specializing in technical and medical gases, welding supplies, and engineering solutions, to deliver a NEPTUNE V unit. This cutting-edge electrolyser plant, introduced in May, is tailored for mid-sized projects and boasts ITM's well-established TRIDENT stack technology. NEPTUNE V offers a 5MW hydrogen production capacity with high efficiency and a compact design. Guttroff GmbH, receiving €5m in funding from Bavaria's Ministry of Economic Affairs and Energy, plans to utilize the electrolyser in the domestic production of green hydrogen for a future refuelling station. The CEO of ITM Power, Dennis Schulz, expressed delight in being selected by Guttroff and highlighted the strong market interest in NEPTUNE V. This collaboration signifies a significant step in advancing green hydrogen technology and sustainability efforts in Bavaria.