Wednesday, November 13, 2024

ITM signs contract to supply hydrogen production technology for German firm

Sheffield-based ITM Power has signed its first contract to sell one of its Neptune V units to Guttroff, a private German company that provides solutions for technical and medical gases, welding supplies, and engineering.

Neptune V as a containerised unit capable of producing industrial hydrogen, and was launched in May this year.

In July, Guttroff received €5m of funding from Bavaria’s Ministry of Economic Affairs and Energy as part of a subsidy scheme to start the domestic production of green hydrogen in the area. The electrolyser will provide green hydrogen to a planned refuelling station.

ITM CEO Dennis Schulz said: “We are delighted to have been chosen by Guttroff, a renowned gases company, to provide our best-in-class technology for their first green hydrogen project. Since its launch just a few months ago, NEPTUNE V has been very well received by customers, and we are excited about the level of interest”.

 

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