News
Selected supplier for 300MW+ project
12 May 2025
ITM Power have signed an agreement confirming our selection as the supplier of over 300MW of electrolysers.
ITM Power is pleased to announce that we have signed an agreement with a customer, who wishes to remain confidential at this stage, confirming our selection as the supplier of over 300MW of electrolysers to produce green hydrogen for use in a power plant in the Asia-Pacific (APAC) region, thereby avoiding carbon emissions.
The project has received funding approval from the local authorities. It remains subject to a Final Investment Decision (FID).
Dennis Schulz, CEO, said, “We are delighted to work with our customer to advance the engineering, permitting and wider plant integration to drive this large-scale project to FID.”
For further information, please contact:
ITM Power PLC
Justin Scarborough, Head of Investor Relations +44 (0)114 551 1080
Berenberg +44 (0)20 3207 7800
Ciaran Walsh, Harry Nicholas
J.P. Morgan Cazenove +44 (0)20 7742 4000
Richard Perelman, Charles Oakes
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.