ITM’s gigafactory is based in Sheffield
ITM winning more contracts
Firm’s backlog stood at 755MW at year-end, with recent agreements including a key deal to construct a 24MW electrolyser for Yara in Norway
Electrolyser manufacturer ITM Power has seen a 74pc increase in work in progress from 43MW in April last year to 75MW in April this year, according to a trading update from the firm. The update covers work in progress and the contracts backlog as well as unaudited financial results expected for the financial year ending 30 April 2022. The firm’s contracts backlog—an indicator of the number of future contracts—stood at 755MW at year-end, up from 290MW at the same point last year. Of the 755MW of backlog, 75MW is contracted but not underway and 342MW is under negotiation, while for 338MW ITM is the preferred supplier. “Russia’s invasion of Ukraine has accelerated the intent of many coun
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
