ITM reserved 500MW capacity electrolyser with global industrial customer till 2028

ITM is pleased to announce that it has signed a 500MW capacity reservation with a global industrial customer. This reservation secures future production capacity for the manufacturing of our state-of-the-art electrolyser stacks.

The agreement covers the period until the end of the 2028 calendar year and foresees call-offs against future projects in Europe and the US.

The two companies have agreed not to disclose further contract details at this stage.

Dennis Schulz 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.”