ITM Power PLC Announces Sale to Linde of World s Largest PEM Electrolyser newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
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About ITM Power plc:
ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. In October 2019, the Company announced the completion of a £58.8 million fundraising, including an investment by Linde of £38 million, together with the formation of a joint venture with Linde to focus on delivering renewable hydrogen to large-scale industrial projects worldwide. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world s leading energy infrastructure operators. ITM Power signed a forecourt siting agreement with Shell for hydrogen refuelling
/PRNewswire/ ITM Power ("ITM Power" or "the Company") (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the sale to Linde of a.
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DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde to Build, Own and Operate World s Largest PEM Electrolyzer for Green Hydrogen
2021-01-13 / 12:00
The issuer is solely responsible for the content of this announcement.
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Linde to Build, Own and Operate World s Largest PEM Electrolyzer for Green Hydrogen
Guildford, UK, January 13, 2021 - Linde (NYSE: LIN; FWB: LIN) today announced it will build, own and operate the
world s largest PEM (Proton Exchange Membrane) electrolyzer plant at the Leuna Chemical Complex in Germany.
The new 24-megawatt electrolyzer will produce green hydrogen to supply Linde s industrial customers through the
company s existing pipeline network. In addition, Linde will distribute liquefied green hydrogen to refueling stations