UK’s electrolyzer manufacturer ITM Power has signed a contract to supply four NEPTUNE V units, totalling 20 MW, for the first phase of Norway’s Hydrogen Hub Agder project, 100% owned by Norwegian energy company Greenstat, a subsidiary of independent multi-energy producer La Française de l’Energie SA (FDE).
NEPTUNE V is ITM Power’s full-scope 5 MW containerized green hydrogen plant, which utilizes the company’s TRIDENT stack technology. Reportedly, it provides “reliable, flexible, and highly efficient hydrogen production capacity and the industry’s smallest footprint per MW.”
Dennis Schulz, CEO of ITM, commented: “The Nordic countries present an exciting opportunity for green hydrogen, and it is a privilege that FDE has selected us for the Agder Hydrogen Hub in Norway.”
Antoine Forcinal, CEO of FDE, said: “We are delighted to work with ITM as a partner for the supply of an integrated electrolyser solution for our Agder Hydrogen Hub project, one of the largest green hydrogen projects in Norway.”
To note, the first phase of the Hydrogen Hub Agder project, with a capacity of 20 MW and a production of up to 8 tonnes of hydrogen per day, is currently being realized in cooperation with multiple partners.
With a planned building period of two years, hydrogen is expected to be available for the maritime and heavy transport sectors by the end of 2026.
The second phase is expected to be an additional 40 MW, which is planned to be launched in 2027.
In other news, in 2025, an undisclosed European energy company contracted ITM Power to jointly develop a standard design configuration for a 10 MW green hydrogen production plant. As disclosed, the customer intends to deploy this plant design in several projects across the UK.
It is also worth mentioning that, in late 2024, the company concluded a technical milestone in electrolyzer technology development, having validated an additional 40% iridium loading reduction whilst maintaining stack performance and longevity.
Schulz stated at the time: “As a costly raw material, reducing iridium benefits stack costs significantly. This loading reduction and our catalyst recovery and reuse processes will substantially reduce our consumption of critical raw materials and further lower our cost.”