ITM Power (GB:ITM) has released an update.
ITM Power PLC has announced a significant partnership through a 500MW capacity reservation agreement with a major global industrial client, set to last until the end of 2028. This deal, which follows a previous 100MW capacity reservation with Shell, demonstrates ITM’s growing influence and the market’s confidence in its electrolyser technology for producing green hydrogen. The collaboration aims to advance green hydrogen projects in Europe and the US, although specific contract details remain confidential.
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