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ITM Lands First 5MW Neptune V Electrolyser Sale for Bavarian Hydrogen Project

2024-11-11 10:55

Wedoany.com Report-Nov 11, ITM Power is set to sell a 5MW containerised PEM electrolyser to German technical and medial gases solutions provider Guttroff for a Bavarian state-backed green hydrogen refuelling project.

Coming as the UK electrolyser original equipment manufacturer’s (OEM) first contract for its £4.35m ($5.5m) Neptune V unit, Guttroff is set to use the system to provide hydrogen to a planned refuelling station in the region.

The project secured €5m ($5.39m) in July from the Bavarian Ministry of Economic Affairs and Energy’s electrolyser subsidy programme to help start domestic green hydrogen production in the German state.

Launched in May, Neptune V is based on ITM’s Trident stack technology, aimed at delivering projects up to 60MW in scale.

As multiple large-scale projects in Europe stall, the company sees potential for smaller-scale systems to meet project demands.

Being containerised, ITM previously told H2 View the system reduces site engineering costs, making hydrogen more accessible.

ITM CEO, Dennis Schulz, said since Neptune V’s launch, it had been “very well received by customers, and we are excited about the level of interest.”

Earlier this week, the firm said it had validated an additional 40% iridium loading reduction in its electrolyser products whilst maintaining stack performance and longevity.

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