ITM Power plc is a U.K.-based energy technology company specializing in the design, development and manufacture of polymer electrolyte membrane (PEM) electrolyzers for the production of green hydrogen. Its core business activities encompass the supply of turnkey hydrogen solutions, ranging from small-scale installations for research and development to large-scale commercial units for industrial customers. The company’s electrolyzer systems convert renewable electricity into hydrogen through water electrolysis, supporting decarbonization efforts in sectors such as chemicals, refining, energy storage and mobility.
ITM Power offers a portfolio of products that includes modular electrolyzer stacks, balance-of-plant equipment and integrated containerized units designed for rapid deployment. These systems are employed in on-site hydrogen generation, grid balancing and energy storage projects, where they enable intermittent renewables to be stored as hydrogen and dispatched on demand. The company also provides engineering, procurement and construction (EPC) services, as well as long-term service agreements to ensure reliable operation of hydrogen production facilities.
Founded in 2001 and headquartered in Sheffield, England, ITM Power has established partnerships with major industrial and energy companies across Europe, Asia and North America. Key collaborations include joint development agreements with energy infrastructure providers and automakers seeking to scale fuel cell vehicle refueling networks. The company has delivered projects in Germany, France, Portugal and California, among other regions, and continues to expand its global footprint through commercial agreements and demonstration initiatives.
ITM Power is led by Chief Executive Officer Graham Cooley, who has guided the company through multiple fundraising rounds, product launches and strategic alliances. Under his management, ITM Power has focused on achieving manufacturing scale, reducing the cost of electrolyzer stacks and advancing hydrogen as a competitive alternative fuel. The company remains committed to supporting the transition to a low-carbon economy by advancing green hydrogen technologies and enabling customers to integrate renewable energy into their operations.
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