ITM Power PLC announced a partnership with Hygen, being appointed as their preferred supplier for Proton Exchange Membrane (PEM) electrolysers for hydrogen projects within the UK and across Europe. Hygen's goal is to implement up to 200 MW of electrolyser projects over the coming years across the UK and wider Europe, utilising ITM technology and equipment. The collaboration is intended to be formed of two phases: Phase 1 is expected to comprise 50 MW of NEPTUNE Plug and Play electrolysers across several projects, many of which will be based on UK government HAR2 or similar funding programmes Phase 2 is expected to comprise 150 MW of larger-scale modular electrolysers Each project will be subject to a Final Investment Decision (FID).

Both companies recognise the economic benefits arising from a strong UK supply chain in the fast-growing hydrogen industry and will work together to maximise the viability and bankability of Hygen projects, especially of larger-scale electrolyser installations. ITM has continued to grow NEPTUNE annual build capability, both in terms of units and MW capacity.