ITM plans to build a second factory in Sheffield, UK
ITM Power acquires site for second factory
Firm intends to build a factory on the site capable of producing 1.5 GW/yr of electrolysers that it hopes to be fully operational by the end of 2023
UK electrolyser manufacturer ITM Power has acquired a site for its second factory in Tinsley, Sheffield. ITM intends to build a factory on the site capable of producing 1.5GW/yr of electrolysers that it hopes to be fully operational by the end of 2023. The site will be in addition to ITM’s 1GW/yr facility at nearby Bessemer Park, completed in January. The overall cost of the new Sheffield factory is expected to be £50-55mn ($68-74mn). In addition to the £13.4mn cost of the land, the company is allocating up to £16mn for the construction of the shell and £20-25mn for the equipment and power supply. Last month, the firm raised £250mn in equity financing to support the expansion of its manufact
Also in this section
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
19 November 2025
The creation of ‘lead markets’ to generate hydrogen demand in the EU has potential, but implementation would pose complex challenges for producers and industrial offtakers
