ITM Power enters the US market

ITM Power announced today that it is commencing bidding into projects in the US market. This move allows the company to provide its electrolyser stack solutions in both CE and ASME regulated territories. Achieving this standardisation has been a significant milestone for ITM, facilitating a streamlined production process and supply chain, simplifying operations and enabling economies of scale.

ITM will pursue an accelerated, asset-light entry into the US market, building on its strong relationships with various industry leaders based in North America.

Dennis Schulz, CEO of ITM, said: “The US has the potential to become one of the largest markets for green hydrogen. The region’s green hydrogen journey has just started, which provides ITM with a tremendous opportunity to become a leading electrolyser provider as the market develops over the coming years.”

HTW Editorial Team

HTW Editorial Team

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