FEED contract for multi-unit NEPTUNE V project
FEED contract signed for multi-unit NEPTUNE V project shortlisted in UK Hydrogen Allocation Round 2.
- NEPTUNE V capacity 5MW
- Plant operational target 2028
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ITM Power is pleased to announce that we have signed a Front-End Engineering Design (FEED) contract for a project which has been shortlisted in the UK's Hydrogen Allocation Round 2 (HAR2).
The FEED is based on multiple NEPTUNE V units, our 5MW containerised green hydrogen plant. The project remains subject to a Final Investment Decision (FID). Our customer expects the plant to be operational in 2028.
Dennis Schulz, CEO, said, "We are delighted to have signed the FEED contract for yet another UK HAR2 project. This is a further signal that NEPTUNE V is the leading containerised product for mid-scale green hydrogen projects, and we are looking forward to supporting our customer to progress the project through FID."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.