NEPTUNE V contract with Westnetz
ITM Power signs NEPTUNE V contract with Westnetz GmbH for 5MW green hydrogen plant in Germany.
- NEPTUNE V unit capacity 5MW
- NEPTUNE V contracts signed in last six months 45MW
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ITM Power is pleased to announce that we have signed a contract to supply a NEPTUNE V unit to Westnetz GmbH, a Dortmund-based German distribution system operator for electricity and gas.
Westnetz will integrate the NEPTUNE V unit for their customer, a public transport operator and subsidiary of a German utility company. The project forms part of plans to achieve the EU's Clean Vehicles Directive and have an emission-free hydrogen bus fleet by 2030.
NEPTUNE V is our full-scope 5MW containerised green hydrogen plant, which utilises ITM's leading and proven TRIDENT stack technology. It provides reliable, flexible, and highly efficient hydrogen production capacity and the industry's smallest footprint per MW.
Dennis Schulz, CEO of ITM, said: "We are proud to partner with our customer Westnetz. Since its launch in 2024, NEPTUNE V has established itself as the leading containerised green hydrogen plant on the market. Over the last six months, we have already signed 45MW of NEPTUNE V contracts."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.