ITM Power (GB:ITM) has released an update.
Shell Deutschland GmbH has committed to the REFHYNE II project by deciding to invest in a 100MW green hydrogen facility at the Shell Rheinland Energy and Chemicals Park in Germany, with ITM Power PLC providing the necessary technology. Following a previous agreement in December 2023, ITM Power is set to finalize the manufacturing and supply contract for this significant project. This collaboration underscores ITM Power’s role in advancing green hydrogen production as part of the global shift towards sustainable energy solutions.
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