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The Markets
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The Markets
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Hardware & electrical equipment

ITM Power makes first sales Down Under

The four installed systems will double up as reference plants, which ITM will show off to other potential customers in Australia – a “significant” new market for the company

ITM Power PLC (LON:ITM) has secured the first sales of its hydrogen production systems in Australia.

Four of the AIM company’s 250-kilowatt (kW) electrolyser units totalling 1-megawatt (MW) have been sold to three different Aussie customers.

The electrolysers require only water and electricity to produce hydrogen – an alternative, cleaner gas which can help to reduce emissions and address air pollution.

READ: ITM pleased with progress at h alfway point

These first sales, which will serve as reference plants for other potential customers, are an “important step” in entering this “significant” new market, ITM said.

“Australia is a very exciting new market for green hydrogen production and we are pleased to be making these important deployments of reference plants for ITM Power technology,” said chief executive Graham Cooley.

“Australia holds significant growth opportunities for us and demonstrates the accelerating momentum in the hydrogen sector.”

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