ITM Power on track for global scale
CEO Graham Cooley says scale and costs are now the focus for UK-based ITM Power, following the opening of the world’s biggest electrolyser factory
Last year was a transformative one for ITM Power, a company firmly at the forefront of the emerging UK green hydrogen boom. This year is all about building scale, as it seeks to continue along its impressive growth trajectory. The firm, which manufactures integrated hydrogen energy solutions to utilise renewable energy that would often otherwise be wasted, passed several milestones last year. And the financial markets are certainly impressed, with its share price rocketing from just over 80p at the start of 2020 to 636p. During 2020, it entered into a strategic partnership with Italian gas infrastructure company Snam, which bought a €33mn ($40mn) stake in the firm. And this was just part of
Also in this section
31 March 2025
Saudi Aramco’s blue hydrogen progress is a clear reminder that energy companies pivoting in search of greater returns may not be throwing the H₂ baby out with the bathwater
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
