ITM Power (GB:ITM) has released an update.
ITM Power PLC announces a significant partnership with Hygen to supply Proton Exchange Membrane (PEM) electrolysers for upcoming hydrogen projects across the UK and Europe, aiming at a 200 MW deployment. The alliance plans to bolster the UK’s hydrogen industry supply chain and enhance green hydrogen infrastructure with ITM’s NEPTUNE technology. This collaboration marks a pivotal step for both companies in supporting the UK’s net-zero targets through low-carbon hydrogen production.
For further insights into GB:ITM stock, check out TipRanks’ Stock Analysis page.
