Manufacturer of PEM electrolysers for producing green hydrogen from renewable electricity and tap water

ITM Power plc

Sheffield (Bessemer Park, headquarters) · Sheffield · Sheffield · Hesse (DE)New on Amplifa

2000Founded

1 GW p.a.Electrolyser manufacturing capacity (Bessemer Park,

4Locations (Sheffield ×3, Hesse/DE)

2004First listed hydrogen company on the LSE

About ITM Power

ITM Power plc develops, manufactures and integrates electrolysers based on proton exchange membrane (PEM) technology, which produce green hydrogen from renewable electricity and tap water. The hydrogen is used for mobility, power-to-X and industrial applications. The product portfolio includes module series such as TRIDENT, NEPTUNE II, NEPTUNE V and POSEIDON as well as, with ALPHA 50, fully integrated 50-MW hydrogen plants with high energy efficiency and second-fast load changes. The company is headquartered in Sheffield (UK) at Bessemer Park, the world's largest electrolyser factory with an annual capacity of 1 GW; two further sites are located in Sheffield, plus a branch of ITM Power GmbH in Hesse (Germany). Customers include Linde, Shell, RWE, Yara, Sumitomo, Tokyo Gas, Snam and Deutsche Bahn AG; reference projects range from REFHYNE (Shell, Wesseling) via Herøya (Yara, green ammonia, Norway) to Lingen (RWE, 2 × 100 MW). In 2004, ITM Power was the first listed hydrogen company on the London Stock Exchange.

Site: Sheffield
Processes: Design, manufacture and integration of PEM electrolysers, Large-scale project execution (full-scope green hydrogen plants)
Materials: Proton exchange membrane (PEM) electrolysis
Founded: 2000
Industries: Hydrogen mobility, Power-to-X, Industry, Green ammonia/fertilizers, Refineries, Power supply

01
Development of the PEM stack platform (TRIDENT)
02
Module manufacturing (NEPTUNE, POSEIDON)
03
System integration into electrolysis plants
04
Full-scope project execution (ALPHA 50, Green Hydrogen Plants)
05
Commissioning & service at the customer's site

Technology & Modules

PEM

Proton exchange membrane (PEM) electrolysis

Production of high-purity hydrogen at 30 bar from renewable electricity, with second-fast load changes.

Locations

Sheffield (Bessemer Park)

Headquarters and production plant

Materials: PEM electrolysers

Sheffield (further sites)

Further production and development sites

Hesse (ITM Power GmbH)

Branch office / subsidiary

Products & Modules

**ALPHA 50 – 50-MW hydrogen plant**PEM electrolysis · Industry & power supply

**Electrolyser project Lingen (RWE)**PEM electrolysis · Power supply

Inside the production

ALPHA 50 – Large Scale Project Execution

Industries

Hydrogen mobilityPower-to-XIndustryGreen ammonia/fertilizersRefineriesPower supply

Additional services

Design, manufacture and integration of PEM electrolysersLarge-scale project execution (full-scope green hydrogen plants)

Reference customers

LindeShellRWEYaraSumitomo CorporationIwatani CorporationTokyo GasDeutsche Bahn AGSnamHygenLa Française de l’EnergieGutroffHydropulseUniversity of Birmingham

Company History

2000
Founded in Saffron Walden, Essex; originally a fuel cell manufacturer
2004
IPO on AIM; first listed hydrogen company on the LSE
2011
Foundation of the German subsidiary ITM Power GmbH
2019
£52 million capital raise including £38 million from Linde plc; JV ITM Linde Electrolysis (ILE); collaboration with Iwatani
2020
£172 million capital raise including £30 million from Snam S.p.A.
2021
Sale of a 24-MW electrolyser to Linde (Leuna); first delivery to Japan (Sumitomo); opening of Bessemer Park with 1 GW p.a.; £250 million capital raise
2022
CEO change: Dennis Schulz succeeds Graham Cooley; capacity target 1.5 GW p.a.
2023
Two 100-MW contracts with Linde Engineering; launch of POSEIDON (20 MW); capacity reservation agreement with Shell Deutschland; sale of Motive Fuels to HYCAP
2024
Launch of NEPTUNE V (5 MW); 15-MW contract with Gutroff; 2-MW plant at Tokyo Gas; Yara Herøya (24 MW, green ammonia) commissioned; 100-MW contract with Shell for REFHYNE II
2025
Amy Grey becomes CFO; sale of four NEPTUNE-V units to La Française de l’Energie; agreement with Deutsche Bahn AG