RNS Number : 0764N
ITM Power PLC
17 June 2025
 

17 June 2025

 

ITM Power PLC

 

Selected for two UK projects

 

ITM Power is pleased to announce that a customer has selected us as the supplier for a large-scale green hydrogen project in the UK, which was successful in the government's Hydrogen Allocation Round 2 (HAR2), alongside a separate, smaller project in the UK.  

ITM will deploy POSEIDON, our core electrolysis process module, into both projects. POSEIDON offers unmatched efficiency, rapid response times, and an optimised footprint.

The two projects aim to supply local industries with green hydrogen to reduce carbon emissions. Each project remains subject to a Final Investment Decision (FID), and our customer wishes to remain undisclosed until this point.

Dennis Schulz, CEO, said, "We are honoured to be chosen for yet another HAR2 project in the UK, just weeks after Uniper confirmed us for their 120MW Humber project. This supplier selection demonstrates two things: that the UK is starting to gain traction in green hydrogen, and that we are establishing early leadership in our home market."

For further information, please visit www.itm-power.com or contact:

ITM Power PLC

 

Justin Scarborough, Head of Investor Relations

 

+44 (0)114 551 1080

Berenberg

 

Ciaran Walsh, Harry Nicholas

 

+44 (0)20 3207 7800

J.P. Morgan Cazenove

 

Richard Perelman, Charles Oakes

+44 (0) 20 7742 4000

 

About ITM Power PLC:

ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.

 

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