About Us
At ITM we design and manufacture PEM electrolysers to produce green hydrogen enabling our customers to decarbonise.
Green hydrogen is the only true net-zero energy carrier, making it one of the best solutions to tackle the carbon crisis and create a clean, green future.
After 25 years of research and development and pioneering innovation, ITM is offering the most advanced PEM electrolyser technology in the world. Now a high-volume manufacturer we are already the supplier of choice for industry-leading customers.
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Pioneering for 25 Years
Through continuous innovation and dedication, we have developed cutting-edge technology that drives the future of green hydrogen production, contributing significantly to global sustainability efforts.
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June
ITM Power is founded by Don Highgate, Jon Lloyd and John Wreford
2002
April
Simon Bourne recruited as R&D technical scientist (now CTO)
2004
June
First hydrogen related company listed on the London Stock Exchange
2008
10kW electrolyser developed
2010
April
First 4.5kW electrolyser sold to the University of Birmingham
2017
September
£29.4M
Completed £29.4m working capital fundraise
2018
January
REFHYNE project launched in Cologne, Germany
November
HyDeploy; PEM electrolyser at Keele University, Ofgem funded project led by Cadent with Northern Gas Networks (hydrogen into gas networks)
2019
October
Established ITM Linde Electrolysis joint venture
October
£52M
Raised in equity fundraising
2020
February
ITM awarded £7.5m of funding from BEIS to develop Gigastack
November
£172M
Raised in equity fundraising
2021
January
Moved into Bessemer Park Factory
134,000SQFT
July
REFHYNE begins production
October
£250M
Raised to expand manufacturing capacity
2022
January
24MW contract with Yara to supply the first green ammonia products
December
Dennis Schulz appointed as CEO
2023
January
Two 100MW contracts signed with Linde Engineering for RWE
August
Launch of POSEIDON
2024
May
Launch of NEPTUNE V
August
100MW
REFHYNE II contract signed with Shell
November
First NEPTUNE V sale
2025
January
8 Contracts signed for NEPTUNE V and counting (40MW)
May
120MW
Selected supplier for Uniper’s 120MW Humber H2ub project
June
Launch of Hydropulse GmbH
Vision & Values
With:
- Safety at the heart of everything we do
- Innovation in our DNA
- Superior technology
- Precision manufacturing
- Integrity and respect
We:
- Deliver the world’s best electrolysers
- Scale our operations profitably to meet the rising demand
- Grow our global footprint and reach
- Challenge ourselves to become better than yesterday, everyday
To:
- Help customers decarbonise their operations
- Drive sustainable change within industry, government and society
- Accelerate the world’s transition to Net Zero
- Increase shareholder value
Recent News
ITM’s commitment to health and safety
ITM operates management systems in accordance with ISO 14001 2015 and OHSAS 18001 2007. Management of health and safety is led by the ITM Board which monitors health and safety performance through the Board Health and Safety Committee. Separately, there is a monthly Health and Safety Committee including representatives from each function in ITM. This helps ensure reporting of concerns, which in turn assists the ‘lessons learnt’ process, and is a key indicator of improved safety culture. All employees are also encouraged to report instances where safety measures can be improved.
Customers
