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💥 The hydrogen economy is 🚀 Lucky 🤪 — even Trump’s wised up!

🌍 Big moves: Accelera, the zero-emissions arm of Cummins, has now deployed 600+ PEM electrolyzer units worldwide 💧⚡ — proof that clean energy isn’t the future, it’s happening right now.

⚡ Accelera’s record-breaking 35 MW system in New York is the largest of its kind in the US — powering one of the world’s biggest industrial gas players.

At the same time, ITM is riding a huge demand wave — nonstop headlines, and with 61% of major holders locked in, the smart money knows what’s coming. 👀… FIDS

The hydrogen momentum is unstoppable 🌱 … short holders are sweating 🩳💩😷 … and I can’t wait for the Chronos 🤪 ITM are spending the money creating worlds best PEM’s ⏳🔥

🚀 Accelera, the zero-emissions arm of Cummins, has now deployed 600+ Proton Exchange Membrane (PEM) electrolyzer units worldwide 🌍 — turning renewable energy + water into clean, green hydrogen. 💧⚡

Meanwhile, ITM’s products are in huge demand — the news just keeps rolling in. And with 61% of the big holders sitting tight, they clearly know what’s coming… 🤪

The hydrogen momentum is unstoppable. 🌱 The only ones sweating are the short holders 🩳💩😷

German steel giant Stahl-Holding-Saar (SHS) Group just signed a binding offtake deal with France’s Verso Energy to buy at least 6,000 tonnes of green hydrogen per year starting 2029. 🇩🇪🤝🇫🇷

👉 The H₂ will come from Verso’s CarlHYng project in France and be piped directly to SHS’s planned DRI steel plant in Dillingen.

👉 This is one of the first real hydrogen offtake agreements in Europe’s steel sector — moving beyond announcements to actual purchasing commitments.

Why it matters:

✅ Heavy industry is finally getting the wallet out for green hydrogen.

✅ Steel decarbonisation is a multi-million tonne opportunity, and SHS is showing that import + pipeline supply can compete with building on-site electrolysers.

✅ A clear sign the hydrogen economy is shifting from talk → transactions.

🔥 Hydrogen is heating up — big time.

India’s BHEL just inked a 10-year exclusive partnership with Singapore’s Horizon Fuel Cell Technologies to co-develop hydrogen-powered trains 🚄⚡.

Why does this matter?

👉 India is pushing hard to decarbonise transport.

👉 Hydrogen trains mean zero tailpipe emissions, rapid refueling, and long-range operation — perfect for non-electrified routes.

👉 This isn’t just a pilot anymore… it’s serious infrastructure investment.

Hydrogen rail is joining pipelines, shipping, steel, and energy storage as the world’s next growth frontier. 🌍

🔥 ITM Power is seriously undervalued right now.

With £207m cash and £342m total assets, we’re effectively sitting at around £50m enterprise value. That’s wild given the pipeline.

Meanwhile… the shorts?

🩳💩 Stuck with 30m shares to buy back.

No easy way out. Just waiting, praying.

But with the deals stacking up, the story only gets stronger. 🚀🚀🚀

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📅 Recent Highlights

🔹 26.08.2025 – Hydropulse & ABO Energy 🤝 Strategic Partnership

🔹 13.08.2025 – Poseidon ⚡ 20MW electrolyser platform selected

🔹 23.06.2025 – 💥 120MW signed with Uniper’s Humber H2ub®

🔹 12.05.2025 – 🌏 300MW contract in APAC

🔹 27.01.2025 – TRIDENT 🌊 registered in Australia

🔹 08.07.2024 – 🏆 500MW reservation with 2 global customers

🔹 26.04.2024 – 200MW preferred supplier to Hygen

…and many more across Europe, Asia-Pacific, and the UK 🌍⚡

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💡 Cash-rich. Deals in motion. Shorts trapped.

This isn’t just a stock… it’s momentum building. 💥

👏🚀 A huge congratulations to the ITM Power team and Dennis on an incredible journey over the past year!

From strategic partnerships 🤝 to record-breaking projects 🌍⚡, ITM has been delivering at scale and shaping the future of green hydrogen. Just look at the milestones:

📅 Recent Highlights

🔹 26.08.2025 – Hydropulse & ABO Energy 🤝 Strategic Partnership

🔹 13.08.2025 – Poseidon ⚡ 20MW electrolyser platform selected

🔹 23.06.2025 – 💥 120MW signed with Uniper’s Humber H2ub®

🔹 12.05.2025 – 🌏 300MW contract in APAC

🔹 27.01.2025 – TRIDENT 🌊 registered in Australia

🔹 08.07.2024 – 🏆 500MW reservation with 2 global customers

🔹 26.04.2024 – 200MW preferred supplier to Hygen

…and so many more across Europe, Asia-Pacific, and the UK 🌎⚡.

This momentum proves ITM is not only scaling electrolyser technology but also building lasting partnerships across industries.

🌱💧 Hydrogen at scale is here – and ITM is leading the way!

🙌 Big kudos to Dennis and the whole ITM team for the vision, hard work, and commitment to the energy transition.

And funny enough… we’re also the fastest-growing company in the UK, top 10 in Europe, and sitting with the same market cap as Boohoo 🤷‍♂️ if you remove our 200 million cash pile

🚍💧 Hydrogen Double-Deckers Take the Win!

⏱ Refuel time

💧 Hydrogen: 8 mins ✅

🔌 Electric: 3h 24m ❌

🛣 Range

💧 Hydrogen: 300+ miles (and climbing) ✅

🔌 Electric: ~ 200 miles with LONG waits ❌

👉 For busy city routes, fast turnarounds, and all-day service — hydrogen keeps the wheels turning ⚡.

Less downtime. More uptime. Zero emissions. The future is clearly H₂ powered 💚.

https://wrightbus.com/en-gb/hydrogen-bus-streetdeck-hydrolinerFCEV

💼 ITM Power now has 30+ jobs live — including a Material Planner in Sheffield, posted just 3 hours ago ⏰.

They must be getting ready for GW of green hydrogen power ⚡💚🚀🚀

🚆🇵🇱 Poland Goes Hydrogen – Demand Is Surging!

Poland’s first hydrogen-powered train has entered regular passenger service — and it’s a clear signal that demand for green hydrogen fuel is accelerating fast 📈💚.

🌱 Why this matters:

• Countries are racing to decarbonise transport 🚛🚆✈️

• Hydrogen offers a cost-effective, scalable alternative to new infrastructure 💧

• From freight corridors in the UK to passenger trains in Poland, adoption is moving from trials to reality 🚀

👉 Every new launch means one thing: the world needs more green hydrogen — and fast. Companies like ITM Power are scaling up to meet that demand with next-gen electrolysers

https://tvpworld.com/88701704/polands-pesa-launches-first-hydrogen-powered-train-in-silesia

The pipes are good 🤪 SGN what are you getting ready for.. I wonder 🧐😁🚀🚀🚀

https://youtu.be/pw_eQ3ah_dE?feature=shared

https://www.sgn.co.uk/about-us/future-of-gas/lts-futures-0

🚛⚡ Britain’s First Hydrogen Freight Corridor Is Rolling Out!

Big news for green transport:

• 30 hydrogen lorries to hit the M4 between London & Bristol next summer 🌍

• 3 new refuelling stations (Reading, Avonmouth + one more TBC) ⛽

https://www.bbc.com/news/articles/clydywjjx2vo.amp

⚔️💧 The Great Hydrogen Battle: Giants vs. Gnats

On the LONG side, the heavyweights backing ITM Power:

🔹 Linde plc – 16.2%

🔹 Hargreaves Lansdown – ~9%

🔹 DZ Bank / Deutsche – ~6%

🔹 Aberdeen (abrdn) – ~6%

🔹 J.C.B. Research – 5.1%

🔹 Peter Hargreaves – 4.5%

🔹 Interactive Investor Services – 5.8%

🔹 ING – 3.6%

🔹 Commerzbank – 3.1%

🔹 HSBC Global Asset Management – 2.7%

In total, they represent ~60% of ITM Power’s share register—a formidable force. And the other 40%? Held by individual investors worldwide, betting on green hydrogen and ITM’s growth 💪

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And on the other side… 🪳 the short sellers:

• Helikon Investments → 2.91%

• Qube Research & Tech → 0.80%

👉 That’s a tiny ~3.7% short in total.

Compared to the longs, it’s like showing up to a tank battle with a water pistol. 🤪💦

💰💥 £100 MILLION — that’s how much JCB has invested into hydrogen R&D at its Staffordshire facility.

Think about that:

👉 £100 MILLION from a single company.

👉 Backed by UK Government recognition at the highest level.

👉 Focused entirely on scaling hydrogen engines and machinery.

And this is just one example. We’re seeing €551M Dutch government grants, multi-hundred MW hydrogen valleys, and billions in global electrolyser projects. The money is flowing, and it’s flowing into Green Hydrogen. 🌍⚡

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Which raises the question…

🤔 How can anyone believe that two companies shorting ITM Power know more than governments, global corporates, and industrial giants now pivoting at full speed toward hydrogen?

The facts are clear:

🔹 Hydrogen is no longer “the future” — it’s here.

🔹 Investment is accelerating at every level.

🔹 ITM Power is positioned at the centre of this global shift, delivering Poseidon and Trident platforms to meet multi-hundred MW demand.

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🚀 While some bet against change, the world is betting billions on hydrogen — and ITM Power is right where it should be: building the future.

💧⚡ Money is flowing into Green Hydrogen – and fast!

The Netherlands Enterprise Agency (RVO) has just awarded €551 million in funding under the SDE++ scheme to support a 100 MW electrolysis project near RWE’s Magnum Power Station in Eemshaven 🇳🇱.

This is one of the largest green hydrogen funding packages in Europe to date and a clear signal that governments are backing large-scale electrolysis as the cornerstone of the energy transition 🌍.

For ITM Power, this is a strong validation:

🔹 Public funding is accelerating the scale-up of hydrogen infrastructure.

🔹 Demand for 100MW-class electrolysers is growing rapidly across Europe.

🔹 The momentum aligns perfectly with ITM’s Poseidon & Trident platforms and multi-100 MW project pipeline.

🚀 With billions now flowing into hydrogen valleys, industrial clusters, and renewable-powered hubs, the opportunity has never been greater — and ITM Power is positioned right at the centre of this global scale-up.

👏🚀 A huge congratulations to the ITM Power team and Dennis on an incredible journey over the past year!

From strategic partnerships 🤝 to record-breaking projects 🌍⚡, ITM has been delivering at scale and shaping the future of green hydrogen. Just look at the milestones:

📅 Recent Highlights

🔹 26.08.2025 – Hydropulse & ABO Energy 🤝 Strategic Partnership

🔹 13.08.2025 – Poseidon ⚡ 20MW electrolyser platform selected

🔹 23.06.2025 – 💥 120MW signed with Uniper’s Humber H2ub®

🔹 12.05.2025 – 🌏 300MW contract in APAC

🔹 27.01.2025 – TRIDENT 🌊 registered in Australia

🔹 08.07.2024 – 🏆 500MW reservation with 2 global customers

🔹 26.04.2024 – 200MW preferred supplier to Hygen

…and so many more across Europe, Asia-Pacific, and the UK 🌎⚡.

This momentum proves ITM is not only scaling electrolyser technology but also building lasting partnerships across industries.

🌱💧 Hydrogen at scale is here – and ITM is leading the way!

🙌 Big kudos to Dennis and the whole ITM team for the vision, hard work, and commitment to the energy transition.

🇬🇧UK’s first-ever full-scale hydrogen fuel switch

Novelis completes the UK’s first-ever full-scale hydrogen fuel switch in an aluminium recycling furnace! 🔥➡️💧

• This historic two-week trial, powered by the UK’s DESNZ under its Industrial Fuel Switching Competition, transformed a natural gas furnace to run flexibly on hydrogen. No impact on safety, quality, or performance!

https://www.gasworld.com/story/novelis-demonstrates-uks-first-hydrogen-fuel-switch-in-aluminium-plant/2163681.article/

🌍💧 Poland is going big on Green Hydrogen!

The country has rolled out a strategic plan to boost hydrogen production via electrolysis powered by renewable energy sources (RES) ⚡🌱 — and it’s backed by major investments and subsidies.

✨ Key Government Initiatives & Strategies

🚀 Green Hydrogen Strategy – building conditions for low- & zero-emission hydrogen production.

💶 Subsidies & Funding – €640M program to accelerate RES-powered production & infrastructure.

🌐 Hydrogen Valleys – 11 projects underway to create regional markets (production, storage, transmission, usage).

🏭 Major Silesia Project – ARP leading a €2B hydrogen push, starting with €600M for a full green hydrogen value chain.

🔧 Production & Technology

🔋 Electrolysis is at the core — powered by Poland’s rapidly growing renewables.

🚍 Poland is also scaling hydrogen-powered transport, with projects like NesoBus and Autosan 🚌, alongside new refuelling stations across the country.

👉 A bold step toward making Poland a hydrogen hub in Europe 🌍💚.

🚀💧 UK Salt Caverns: A Game Changer for Green Hydrogen & ITM Power ⚡🇬🇧

Big things are happening in the UK hydrogen space – and salt cavern storage is about to change the game. These giant underground caverns, carved into natural salt deposits, could become the backbone of large-scale, long-duration hydrogen storage. And that means a huge opportunity for ITM Power.

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🌍 Why Salt Caverns Matter

✅ Scale – Store hundreds of GWh up to TWh of hydrogen for seasonal & grid balancing.

✅ Cost-Effective – Cheaper than above-ground tanks at large volumes.

✅ Secure – Underground storage = protected from weather & external risks.

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📍 Key UK Projects

🔹 Aldbrough (East Yorkshire) – 320 GWh storage, early 2030s (SSE + Equinor).

🔹 Cheshire – Repurposing existing gas caverns + new builds, hundreds of GWh.

🔹 South Dorset (UKEn) – >30 TWh annual storage planned by 2030–32.

Another RNS IS Due this week

Forgot the link

https://youtu.be/rJBcXOoBipw?si=N7kS9z8RiGJo0GyT