The Whitelee project to which ITM is supplying its PEM electrolyser technology has won £9.4m of government funding. We see this project as a key demonstration of the value of co-locating hydrogen production with renewables and indicates a wide market for this key energy storage solution.
22 Nov 2021
ITM Power - Funding for Whitelee
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ITM Power - Funding for Whitelee
ITM Power PLC (ITM:LON) | 53.3 -0.4 (-1.4%) | Mkt Cap: 328.6m
- Published:
22 Nov 2021 -
Author:
Adam Forsyth -
Pages:
6
The Whitelee project to which ITM is supplying its PEM electrolyser technology has won £9.4m of government funding. We see this project as a key demonstration of the value of co-locating hydrogen production with renewables and indicates a wide market for this key energy storage solution.