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The latest announcement is out from ITM Power ( (GB:ITM) ).
ITM Power has secured a contract to supply three NEPTUNE V units, totaling 15 MW, to a private German company. These units, designed for mid-sized projects, utilize ITM’s TRIDENT stack technology and are set to be deployed in 2026 for green hydrogen production at refueling stations in Germany. The contract highlights ITM Power’s growing reputation as a reliable supplier in the hydrogen production industry, with customer interest surpassing expectations.
More about ITM Power
ITM Power, founded in 2000 and headquartered in Sheffield, England, is a company that designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen using renewable electricity and water. It was admitted to the AIM market of the London Stock Exchange in 2004.
YTD Price Performance: -41.55%
Average Trading Volume: 2,813,994
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £214.4M
See more data about ITM stock on TipRanks’ Stock Analysis page.
