22 sep 25   itm power plc - 150mw neptune v capacity reservation with rwe itm power plc | itm | 74.5 0 0.0% | mkt cap: 459.9m    rns number : 1222a itm power plc 22 september 2025   22 september 2025   itm power plc   capacity reservation with rwe for 150mw of neptune v units   itm power is pleased to announce that we have entered into a capacity reservation agreement with rwe for 150mw of neptune v units. this reservation, equivalent to 30 units, foresees call-offs by 2027. it follows rwe's operation of our 4mw pilot plant and our ongoing delivery of 200mw of electrolysers for the geth2 nukleus project in lingen, germany. rwe is a leading european energy company with a proven track record of delivering large-scale green hydrogen projects. this agreement signifies important repeat business with a major industrial partner and underlines the growing demand for our products. neptune v is our latest generation containerised, green hydrogen plant solution. each unit integrates all necessary balance of plant within a compact containerised design, enabling rapid deployment, simplified installation, and reliable operation. neptune v can be interconnected to form bigger container-based plants. since its launch last year, the platform has gained strong commercial traction as a benchmark technology for commercial-scale green hydrogen projects. the company will provide further updates on this agreement as projects are called off and converted into firm orders. dennis schulz, ceo, said: "we are proud to expand our collaboration with rwe. building on our strong relationship developed through the joint execution of the geth2 nukleus project, this additional 150mw capacity reservation underlines rwe's confidence in our technology and delivery capability. repeat business with a global leader in energy is the strongest validation of our strategy, our products, and our people." for further information, please visit www.itm-power.com or contact: itm power plc   justin scarborough, head of investor relations   +44 (0)114 551 1080 berenberg   ciaran walsh, harry nicholas   +44 (0)20 3207 7800 j.p. morgan cazenove   richard perelman, charles oakes +44 (0)20 7742 4000   about itm power plc: itm power was founded in 2000 and itm power plc was admitted to the aim of the london stock exchange in 2004. headquartered in sheffield, england, itm power designs and manufactures electrolysers based on proton exchange membrane (pem) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water. this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   agrgpuqcbupagab return to news summary

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