- Press Releases
January 10 (Renewables Now) - UK electrolyser manufacturer ITM Power Plc (LON:ITM) today announced a EUR-1.95-million (USD 2.2m) grant award under Germany’s H2Giga project which seeks to support the series production of electrolysis systems.
The company’s German subsidiary ITM Power GmbH has been approved for the award for the SINEWAVE project as part of the H2Giga initiative of the German Federal Ministry of Education and Research (BMBF).
The project, running to March 2025, will explore process engineering, materials science and digital sub-disciplines to contribute to the construction of efficient integrated large-scale proton-conducting membrane (PEM) electrolysis systems. It is a collaboration between Linde GmbH, which is the project coordinator, ITM Linde Electrolysis (ILE) GmbH, ITM Power GmbH, Helmholtz-Zentrum Dresden Rossendorf, the Technical University of Dresden and the Technical University of Munich.
ITM Power said this is the first time it has accessed German federal funding. ITM Power GmbH’s role will include the education of installation experts, researching safety training programmes, developing live monitoring of electrolyser systems and developing a supply chain for large-scale deployments.
"Our participation in the Federally funded SINEWAVE project provides an endorsement of our place in Germany's hydrogen strategy,” commented chief executive Graham Cooley.
The H2Giga project is one of three key projects, the other being TransHyDE and H2Mare, that the German government is funding with over EUR 700 million as part of the National Hydrogen Strategy.
(EUR 1 = USD 1.130)