ITM Power Plc

ITM

GB00B0130H42

Electric Utilities

Market Closed - London S.E. Other stock markets 11:35:17 2026-05-15 am EDT			5-day change	1st Jan Change
161.30 ^GBX	-1.71%		-5.23%	+158.91%

Apr. 29	WINNERS & LOSERS: Treatt agrees to takeover; Futura swing to loss	AN
Apr. 29	Morgan Stanley raises ITM; Goldman likes Ceres	AN

ITM Power Plc Announces to Deploy POSEIDON, its 20 MW Core Electrolysis Process Module to Morgen Energy's West Wales Hydrogen Project in Milford Haven

Published on 03/11/2026 at 03:00 am EDT

S&P Capital IQ

ITM POWER PLC

-1.71%

ITM Power Plc confirmed that the 20 MW Notice to Proceed (NtP) announced in February 2026 relates to MorGen Energy's West Wales Hydrogen project in Milford Haven, which has reached Final Investment Decision (FID). The project is among the first supported by the UK Government's HAR1 funding to achieve FID. ITM will deploy POSEIDON, its 20 MW core electrolysis process module.

Located at the former Milford Haven Refinery, the plant will serve industrial clusters across Milford Haven, Port Talbot, and wider Wales. Commissioning is targeted for 2028. The plant will produce approximately 2,000 tonnes of hydrogen per year.

Latest news about ITM Power Plc

Apr. 29	WINNERS & LOSERS: Treatt agrees to takeover; Futura swing to loss	AN
Apr. 29	Morgan Stanley raises ITM; Goldman likes Ceres	AN
Apr. 21	WINNERS & LOSERS: Nichols trades in line; Crest Nicholson slumps	AN
Apr. 17	WINNERS & LOSERS: ITM Power jumps on Rheinmetall Nato deal	AN
Apr. 17	FTSE dips as investors weigh Trump's Iran comments	AN
Apr. 17	ITM Power shares jump as strikes deal with Rheinmetall for Nato work	AN
Apr. 17	DiscoverIE demand up; Workspace warns on profit	AN
Apr. 17	ITM Power, Rheinmetall Partner to Deploy Decentralized Fuel Plants for NATO	MT
Apr. 17	ITM Power announces collaboration focuses on giga PtX project for NATO synthetic fuel plants	RE
Apr. 17	ITM Power PLC And Rheinmetall AG Enter Strategic Collaboration For Giga Ptx Project	CI
Apr. 14	UK Subsidy Advice Unit Reviews Department's Proposed Subsidy to ITM Power	MT
Apr. 14	Morgan Stanley cuts Berkeley and Barratt Redrow	AN
Apr. 10	ITM Power Plc - Pre Recorded Shareholder/Analyst Call
Apr. 09	Oil creeps higher amid fragile US-Iran ceasefire	AN
Apr. 09	Doubts on "durability" of ceasefire hits shares	AN

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Company Profile

ITM Power PLC is a United Kingdom-based company, which designs and manufactures electrolyzers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net-zero energy gas, using renewable electricity and water. The Company delivers several 100MW plants to its customers. Its electrolyzer products include TRIDENT, NEPTUNE II, NEPTUNE V and POSEIDON. TRIDENT is a PEM electrolyzer stack technology. TRIDENT is a two-MW electrolyzer skid based on its 30-bar stacks. NEPTUNE is a fully autonomous electrolyzer system supplied with a power conversion system and, incorporating all the necessary balance of the plant, the electrolyzer can be readily deployed as a complete package. POSEIDON is a 20 MW module for large-scale projects. POSEIDON is a modular building block enabling scale up with an optimized footprint. Suitable for both indoor and outdoor installation, it consists of skid-mounted units which can be prefabricated and pre-tested.

Employees

306

Sector

Electric Utilities

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