ITM Power (GB:ITM) has released an update.
ITM Power, a leading manufacturer of green hydrogen electrolysers, has secured its first contract for the NEPTUNE V unit with German firm Guttroff GmbH. This 5MW containerised electrolyser will aid in establishing green hydrogen production in Bavaria, supported by local government funding. The deal marks a significant step for ITM Power in expanding its market presence in the hydrogen energy sector.
For further insights into GB:ITM stock, check out TipRanks’ Stock Analysis page.
