Sheffield’s ITM Power breaks into Australian market with first deals Down Under

Sheffield-based energy storage and clean fuel company ITM Power has broken into the Australian market.

The AIM-listed firm announced its first deals Down Under with the sale of four 250kW electrolyser systems, totaling 1MW, to three different customers in the country.

ITM Power said the exports represent an “important step in entering this significant new territory”.

The systems, optimised for operation in an extreme thermal environment, will serve as reference plants for ITM Power technology in Australia’s mobility and industrial hydrogen sectors.

Dr Neil Thompson, managing director of ITM Power Pty Ltd, said: “We are delighted to have secured our first standard product sales in Australia.

“The rollout of these units starts to create a critical mass to deploy after-sales support and spares, both of which create customer confidence for future tender opportunities and give ITM Power an early mover advantage in this important new market.”

ITM Power chief exec Dr Graham Cooley commented: “Australia is a very exciting new market for green hydrogen production and we are pleased to be making these important deployments of reference plants for ITM Power technology.

“Australia holds significant growth opportunities for us and demonstrates the accelerating momentum in the hydrogen sector.”

ITM is based on Sheffield Business Park. The site is on the cusp of an 18-acre expansion that could bring as many as 1,000 jobs to South Yorkshire.