ITM Power enter capacity reservation with RWE for 150MW of NEPTUNE V units

RWE, a leading European energy company delivering large-scale green hydrogen projects, has been enlisted by ITM Power to satisfy growing demand for its plug and play electrolyser plant.

The capacity reservation agreement for 150MW of NEPTUNE V units equates to 30 units and foresees call-offs by 2027. It follows RWE's operation of ITM’s 4MW pilot plant and ongoing delivery of 200MW of electrolysers for the GetH2 Nukleus project in Lingen, Germany.

NEPTUNE V is the latest generation of ITM’s containerised, green hydrogen plant solution. Each unit integrates all necessary balance of plant within a compact containerised design, enabling rapid deployment, simplified installation, and reliable operation. NEPTUNE V can be interconnected to form bigger container-based plants.

Image ©ITM Power

Since its launch last year, the platform has gained strong commercial traction as a benchmark technology for commercial-scale green hydrogen projects.

ITM will provide further updates on this agreement as projects are called off and converted into firm orders.

Dennis Schulz, CEO of ITM Power said: "We are proud to expand our collaboration with RWE. Building on our strong relationship developed through the joint execution of the GetH2 Nukleus project, this additional 150MW capacity reservation underlines RWE's confidence in our technology and delivery capability. Repeat business with a global leader in energy is the strongest validation of our strategy, our products, and our people."

For more information, visit www.itm-power.com.