ITM Power has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK's H₂ Allocation Round 2 (HAR2).

The FEED is based on multiple NEPTUNE V units, our 5-MW containerized green H₂ plant. The project remains subject to a final investment decision (FID). Their 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 containerized product for mid-scale green H₂ projects, and we are looking forward to supporting our customer to progress the project through FID."