ITM Power PLC (AIM:ITM) has signed a supply agreement and binding heads of terms for a long-term services deal with MorGen Energy for the 20MW West Wales Hydrogen project at Milford Haven, UK. The project is part of the UK Government’s Hydrogen Allocation Round 1 programme and has secured permits.
The facility will use ITM Power’s POSEIDON modular electrolyser platform to produce green hydrogen for industrial clusters in Milford Haven, Port Talbot and other locations in Wales, as well as support green transport. Commercial terms are nearing completion ahead of a final investment decision.
"This contract marks a major milestone for ITM Power and the UK hydrogen sector," said ITM chief executive Dennis Schulz.
"Selection for the West Wales Hydrogen Project demonstrates confidence in our technology, delivery capability, and the critical role green hydrogen plays in the energy transition."