The project, awaiting a final investment decision, is situated at the Shell Energy and Chemicals Park in Rhineland, Germany.
Dennis Schulz, CEO of ITM Power, said: “Today’s announcement is yet another validation of our technology and credibility to deliver at scale, providing reassuring recognition by a world-leading industrial customer. The capacity reservation also reflects the upcoming challenge for customers to secure credible large-scale delivery capability within the PEM electrolyser sphere, against a quickly growing demand.”