ITM Power (GB:ITM) has released an update.
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ITM Power PLC has secured a contract to provide 100MW of electrolyser technology to Shell’s Rheinland Energy and Chemicals Park in Germany for the REFHYNE II project, which will produce renewable hydrogen and help decarbonize fuel production. The electrolyser, powered by renewable electricity, is set to start operations in 2027 and is supported by EU targets and German government policies. This project underscores ITM’s commitment to advancing green hydrogen production and follows the success of the earlier REFHYNE I project.
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