Energy storage and clean fuel company ITM Power has announced the sale of a €700,000 ($744,000) electrolyser system to a global specialty gas company.
Details around the contract are being kept well-guarded for the time being, with ITM Power’s CEO Dr Graham Cooley saying that he will update the market on further progress from this “important relationship” in due course.
Aspects surrounding the specialty gas company’s identity and financial details of the deal have not been disclosed.
ITM Power completed the sale by competitive tender.
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