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Date of issue: 26th April 2024

Hygen Energy Announces Strategic Partnership to Drive Industry Growth

As leading developers in the UK’s hydrogen sector, we’re proud to announce a milestone partnership that will accelerate clean-energy projects nationwide. We have appointed ITM, the listed energy storage and clean fuel company, as a key supplier for state-of-the-art PEM electrolysers, essential for our hydrogen projects within the UK and across Europe.

We foresee this collaboration unfolding in two phases:

  • Phase 1 is expected to comprise 50 MW of Neptune Plug and Play electrolysers across a number of UK government HAR2 and further funding applications.
  • Phase 2 is expected to comprise 150 MW of larger-scale modular versions.
    Each project is subject to a Final Investment Decision (FID).

 

We recognise the immense economic potential a robust UK supply chain brings to the fast-growing hydrogen industry. Together with ITM, we are committed to enhancing our projects’ feasibility and financial viability, particularly those involving larger-scale electrolyser installations.

ITM has continued to grow its NEPTUNE annual build capability, both in terms of units and MW capacity. The company is confident that it will be able to fulfil our demand requirements, whilst simultaneously working alongside and delivering to a wide range of customers over the coming years.

Dennis Schulz, CEO of ITM (pictured right), said: “Our collaboration with Hygen is an important milestone for both companies and for the UK. We look forward to working in partnership with Hygen and its group companies RYZE and Wrightbus over the coming years, together playing a leading role in advancing the green hydrogen economy.”

Hygen director Jamie Burns (pictured left) said: “We are determined to lead from the front when it comes to developing and delivering low-carbon hydrogen projects.

“To build this critical infrastructure, we need ambitious partners such as ITM, which has impressed us with its focus on manufacturing quality UK-built products.

“Hygen is intent on delivering low carbon hydrogen projects in the near term, giving the UK’s net-zero industry a valuable boost.”

To learn more about Hygen Energy, click here.