ITM Power has signed an agreement with a customer, who wishes to remain confidential at this stage, confirming their selection as the supplier of over 300 MW of electrolyzers to produce green H₂ for use in a power plant in the Asia-Pacific (APAC) region, thereby avoiding carbon emissions.

The project has received funding approval from the local authorities. It remains subject to a final investment decision (FID).

Dennis Schulz, CEO, said, “We are delighted to work with our customer to advance the engineering, permitting and wider plant integration to drive this large-scale project to FID.”