ITM Power Plc (ITMPF)

Profile

https://itm-power.com

ITM Power Plc is a United Kingdom-based company specializing in the design, manufacture, and integration of electrolysers using proton exchange membrane (PEM) technology to produce green hydrogen from renewable electricity and water. Its primary function is to enable decarbonization across industries by providing scalable hydrogen solutions for applications including mobility, power-to-X processes, energy storage, grid balancing, and heavy sectors like steel, cement, ammonia production, and chemicals. Notable features include advanced products such as the NEPTUNE V containerized 5 MW electrolyser plant, POSEIDON 20 MW module, and the groundbreaking ALPHA 50 full-scope 50 MW green hydrogen plant powered by the TRIDENT stack platform, which offers high efficiency, rapid load response, and reduced iridium usage. Headquartered in Sheffield at the world's largest electrolyser factory, Bessemer Park, the company operates globally with key projects in Europe, such as REFHYNE with Shell and contracts with Linde Engineering for RWE in Germany, and partnerships extending to Japan, the US, and beyond. Founded in 2000 and publicly listed since 2004, ITM Power Plc plays a pivotal role in the green hydrogen economy, supporting the transition to net-zero energy systems through high-volume manufacturing and strategic collaborations with industry leaders like Linde, Shell, and Yara.