ITM Power, a UK-based clean fuel company, has finalised the sale of a 1MW electrolyser system to German energy business, ZEAG Energie AG, by competitive tender.
The system, along with the necessary additional equipment, comprises of a 1MW electrolyser, compressor and apparatus to fill tube trailers, with delivery planned for the first quarter of 2017.
Germany continues to be an important early adoption market for hydrogen fuel and Power-to-Gas equipment and we look forward to updating the market
The system will be owned and operated by ZEAG and will be housed in a specially constructed building at Deutsches Zentrum für Luft- und Raumfahrt (DLR), German Aerospace Centre in Lampoldshausen, Germany. ITM is currently exploring a further engineering consultancy contract to assist DLR with extended use of hydrogen (H2) facilities.
Dr Graham Cooley, CEO of the company, highlighted, “We are delighted to be working with ZEAG and DLR on this important sale for ITM Power. Germany continues to be an important early adoption market for hydrogen fuel and Power-to-Gas equipment and we look forward to updating the market in the near future on further sales.”
This latest deal brings ITM’s total sum of projects under contract to £11.4m ($16.4m), with a further £7.28m ($10.5m) of contracts in the the final stages of negotiation, bringing the total figure in the UK-based business’ pipeline to £18.68m ($26.9m).