(Alliance News) - ITM Power PLC said on Friday that it is the "preferred supplier" of electrolysis equipment at a new hydrogen fuelling station in Germany.
Linde Engineering won the bid on Thursday for the construction of the green hydrogen project in Herten, Germany, and will receive funding of up to EUR6.2 million from the German Federal Ministry of Transport & Digital Infrastructure.
Each of the electrolysers delivered by ITM Power to Linde Engineering will have an annual capacity of 440,000 kilogrammes of hydrogen, helping provide green electricity and environmentally friendly heat into public grids.
"Municipalities and local authorities across Europe, and the UK, are becoming more and more interested in green and circular economy initiatives," said ITM Power Chief Executive Graham Cooley.
"This innovative project is just the latest example and we are pleased to be working with partner Linde Engineering on what will be an important reference site for the municipality market."
Shares in ITM Power were quoted at 484.00 pence in London on Friday afternoon, up 0.8%.
By Will Paige; willpaige@alliancenews.com
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