ITM have signed a contract to supply three NEPTUNE V units, totaling 15 MW, to a family-owned private German company.
Launched in May this year, NEPTUNE V is ideally suited for mid-sized projects. It utilizes ITM’s leading and proven TRIDENT stack technology. NEPTUNE V is our full-scope 5-MW containerized electrolyzer plant. It provides reliable, flexible, and highly efficient H2 production capacity and the industry's smallest footprint per MW.
The NEPTUNE V units will be deployed into three individual projects, with the first delivery expected in the first half of calendar 2026. The electrolyzers will provide green H2 to refueling stations in Germany.
Dennis Schulz, CEO, said, “We are establishing ourselves as the go-to partner for down-to-earth industrial companies and family businesses, for whom it matters that their plants work reliably, safely and efficiently. We are pleased to have signed yet another NEPTUNE V contract in just a few weeks. Customer interest continues to exceed our expectations.”