Sheffield to Become ‘Home of UK Hydrogen’ Says ITM – Northern Financial Review

Sheffield to become ‘home of UK hydrogen’ says ITM – Northern Financial Review

Sheffield-based green hydrogen firm ITM Power plc said a grant of £46.5 million from the UK’S Department for Energy Security and Net Zero (DESNZ) has been “formally awarded.” ITM said the grant, together with the £40 million equity investment from Great British Energy, “provides significant support for the establishment of operational capability to manufacture our next-generation Chronos electrolyser stack.” The Sheffield firm designs and manufa…

ITM Power Secures £46.5M UK Grant for Chronos

ITM Power announces £46.5m grant from DESNZ for Chronos Electrolyser Manufacturing. Combined with £40m equity investment from Great British Energy.

ITM Power secures £46.5m government grant to build next-generation electrolyser line

ITM Power has confirmed that a £46.5 million grant from the Department for Energy Security and Net Zero has now been formally awarded. The funding was first announced in April, alongside a £40 million equity investment from Great British Energy. Together, they underpin the manufacturing capability for ITM’s next-generation Chronos electrolyser stack. Chronos, developed over […] The post ITM Power secures £46.5m government grant to build next-gen…