ITM and RWE finalize 150 MW electrolyzer agreement as Europe resets hydrogen plans

Europe has taken a significant step in establishing hydrogen as a major form of energy for the long-term future. UK’s electrolyzer manufacturer ITM Power announced that it entered into a capacity reservation agreement with German energy company RWE. The agreement will provide 150 MW electrolyzers to the German energy giant and signifies the progress being made in the hydrogen sector in Europe. The units in question are called the NEPTUNE V and have accelerated the adoption of hydrogen by several European countries.

The capacity reservation agreement follows a successful pilot project in Germany

The European Union has embraced the possibilities and potential that hydrogen presents to the energy sector. For far too long, the world has relied on fossil fuels to provide the energy needed for everyday life. That reliance has slowly begun to disappear, thanks in part to the efforts of companies like ITM Power, which have made significant improvements to the electrolyzers needed for large-scale hydrogen projects.

The new capacity reservation agreement comes off the back of a very successful pilot project between ITM and RWE. The company’s GetH2 Nukleus project in Lingen, Germany, has been a massive success, in which ITM’s 4 MW pilot plant made use of the new NEPTUNE V electrolyzers.

Electrolyzers are needed to separate the oxygen and hydrogen in water to deliver clean and sustainable power, and ITM Power’s new NEPTUNE V has delivered the required power that Europe is searching for. NEPTUNE V is ITM’s latest generation containerized, green hydrogen plant solution.

European citizens will reap the benefits of the new agreement between ITM and RWE

RWE is a reputable energy company that has a proven track record for delivering massive, large-scale hydrogen projects across the European Union, and as such has an unparalleled reputation in the renewable energy sector. It stated on its website that the agreement with ITM represents crucial repeat business with a major industrial partner and underlines the increased demand for its impressive electrolyzers.

In a statement on its website, the company praised the new agreement, which expands its standing in the hydrogen sector.

“NEPTUNE V is our latest generation 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. Since its launch last year, the platform has gained strong commercial traction as a benchmark technology for commercial-scale green hydrogen projects.” – ITM statement online

The German energy sector has made significant and substantial investments in hydrogen, which only adds to the impeccable reputation that the element has in modern-day society. ITM’s CEO has noted that the agreement solidifies the working relationship between the two companies.

“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.” – Dennis Schulz, CEO of ITM Power

Hydrogen is still the most viable energy solution for the world’s power demands

Hydrogen is as old as the universe itself. During the Big Bang, hydrogen played a part in creating new and astonishing forms of life that have shaped the cosmos as we know it. It is the most abundant element in the universe and, as such, has the potential to provide clean and sustainable power for generations to come. Electrolyzers have come a long way since being invented way back in 1888. The agreement between the two companies signifies the importance that hydrogen plays in modern-day society and will continue to do so for the foreseeable future.