UK’s electrolyzer manufacturer ITM Power has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK’s Hydrogen Allocation Round 2 (HAR2), a government initiative which allocates revenue support through the Hydrogen Production Business Model (HPBM).
It is understood that the FEED is based on multiple NEPTUNE V units, ITM’s 5 MW containerized green hydrogen plant. As disclosed, each unit integrates the balance of plant within a compact containerized design, supporting “rapid deployment, simplified installation, and reliable operation.” According to ITM, NEPTUNE V can be interconnected to form bigger container-based plants.
The undisclosed HAR2-shorlisted project reportedly remains subject to a final investment decision (FID), with operations expected to start in 2028.
Dennis Schulz, ITM Power’s CEO, said: “We are delighted to have signed the FEED contract for another UK HAR2 project. This is a further signal that NEPTUNE V is the leading containerised product for mid-scale green hydrogen projects and we are looking forward to supporting our customer to progress the project through FID.”
In other 2025 news, ITM Power entered into a capacity reservation agreement with German energy company RWE for 150 MW of NEPTUNE V units. Furthermore, the company signed a supply agreement and binding heads of terms for a long-term services agreement with Switzerland-based MorGen Energy for the 20 MW West Wales Hydrogen project in Milford Haven, UK.
The manufacturer also inked a contract to supply four NEPTUNE V units, totaling 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).