ITM Power – Contract for three NEPTUNE V Electrolyzers

Launched in May this year, NEPTUNE V is ideally suited for mid-sized projects. It utilises ITM’s leading and proven TRIDENT stack technology. NEPTUNE V is our full-scope 5MW containerised electrolyser plant. It provides reliable, flexible, and highly efficient hydrogen production capacity and the industry’s smallest footprint per MW.

The NEPTUNE V units will be deployed into three individual projects, with the first delivery expected in the first half of calendar 2026. The electrolysers will provide green hydrogen to refuelling stations in Germany.

Dennis Schulz, CEO, said: “We are pleased to have signed yet another NEPTUNE V contract in just a few weeks. Customer interest continues to exceed our expectations”.