ITM Power shares jump 18% on major green hydrogen deal in Asia-Pacific

  • Shares in ITM Power PLC (AIM:ITM) surged 18% in early trading on Monday after the company announced it had been selected to supply more than 300MW of electrolysers for a major green hydrogen project in the Asia-Pacific region. The UK-based clean energy firm said it had signed an agreement with a customer, who has not yet been named, confirming its role in the project, which aims to produce hydrogen for use in power generation and reduce carbon emissions.