In the Netherlands, Offshore Energy reported that UK’s electrolyzer manufacturer ITM Power has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK’s Hydrogen Allocation Round 2 (HAR2), a government initiative which allocates revenue support through the Hydrogen Production Business Model (HPBM).
The FEED is based on multiple NEPTUNE V units, ITM’s 5 MW containerized green hydrogen plant. According to ITM, NEPTUNE V can be interconnected to form bigger container-based plants.
Dennis Schulz, ITM Power’s CEO, said: “We are delighted to have signed the FEED contract for another UK HAR2 project. This is a further signal that NEPTUNE V is the leading containerised product for mid-scale green hydrogen projects and we are looking forward to supporting our customer to progress the project through FID.”
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