Business
FEED contract for 120MW Uniper project
FEED contract for 120MW Uniper project.
About this update from Itm Power Plc
[{"type":"text","content":"\n\n23 June 2025\nITM Power plc\n \nFEED contract for Uniper's 120MW green hydrogen project\n \nITM Power is pleased to announce that we have signed the Front-End Engineering Design (FEED) contract for Uniper's 120MW Humber H2ub® project, which was recently shortlisted as part of the UK's Hydrogen Allocation Round 2 (HAR2). This milestone follows ITM's selection as the electrolyser supplier for the project, announced on 8 May 2025.\nITM will deploy six 20MW POSEIDON core electrolysis process modules into the project, which remains subject to Final Investment Decision (FID) and is targeted to be operational in 2029.\nDennis Schulz, CEO, said, \"The Humber project represents exactly the kind of scale, ambition and strategic alignment the green hydrogen sector needs right now. Signing the FEED contract is not just another milestone - it is a signal that industrial decarbonisation in the UK is moving from concept to reality. ITM's technology and expertise are at the forefront of that transformation. We look forward to working with Uniper to progress this landmark project through FID.\"\n \nFor further information, please visit www.itm-power.com or contact:\n\n\n\n\nITM Power\n\n\n \n\n\n\n\nJustin Scarborough, Head of Investor Relations\n \n\n\n+44 (0)114 551 1080\n\n\n\n\nBerenberg\n\n\n \n\n\n\n\nCiaran Walsh, Harry Nicholas\n \n\n\n+44 (0)20 3207 7800\n\n\n\n\nJ.P. Morgan Cazenove\n\n\n \n\n\n\n\nRichard Perelman, Charles Oakes\n\n\n+44 (0)20 7742 4000\n\n\n\n\n \nAbout ITM Power plc:\nITM Power was founded in 2000 and ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.\nAbout Uniper:\nDüsseldorf-based Uniper is a European energy company with global reach and activities in more than 40 countries. With around 7,500 employees, the company makes an important contribution to security of supply in Europe, particularly in its core markets of Germany, the UK, Sweden, and the Netherlands. Uniper's operations include power generation in Europe, global energy trading, and a broad gas portfolio. Uniper procures gas - including liquefied ...