Electrolyzer demand could outstrip supply as green hydrogen demand grows rapidly: ITM Power

摘要

UK-based electrolyzer manufacturer ITM Power has warned thatdemand could outstrip supply as green hydrogen demand rapidlygrows, and said its new 1 GW per year factory could reach capacityearlier than expected.The company’s backlog of contracted work and contracts in thefinal stages of negotiation for the year to April 30 was up 44% on theyear to GBP171 million ($236 million), constituting 310 MW ofelectrolyzer capacity, it said in a results statement Sept. 13.