Sheffield-based clean energy company ITM as signed a 500MW capacity reservation with an undisclosed global industrial customer.
The firm says the reservation secures future production capacity for the manufacturing of its state-of-the-art electrolyser stacks to produce industrial-use hydrogen, and will last until the end of 2028 with call-offs against future projects in Europe and the US during that period.
The two companies have agreed not to disclose further contract details at this stage.
Dennis Schulz, CEO ITM, said: “Today’s announcement is a great example of how close collaboration will unlock competitive and successful green hydrogen projects. Following the already announced capacity reservation for 100MW from Shell, this agreement with yet another large-scale industrial customer is a validation of our technology and credibility to deliver.”
