[New] Sheffield-based green hydrogen firm, ITM Power, has announced that it now expects to post revenue between £25.5m and £26.5m for the 2025 financial year, up 30% from its previously announced range.
Yorkshire Post
The leading developments of large-capacity modular systems from Siemens Energy and ITM Power have lowered energy demand and, consequently, operating costs; alongside reduced capital costs and the established expectation of a long lifetime, electrolyzers will become integral to green hydrogen.
Custom Market Insights
Proton Exchange Membrane Electrolysis represents the primary focus for Western investment, with companies like ITM Power receiving £86.5 million in UK government funding to scale their next-generation stacks, betting that higher efficiency and a smaller footprint will justify a price premium.
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Shell engaged UK-based Supercritical Solutions for a paid feasibility study to plan a pilot demonstration of its high-pressure electrolyzer design.
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In Germany, Accelera by Cummins will supply a 100 MW PEM electrolyser system for bp's green hydrogen project at the Lingen refinery, which is planned to produce 11000 t of green hydrogen a year from 2027.
Mining Weekly
Shell has recently announced plans to build Europe's largest green hydrogen plant in Holland, with an expected capacity to produce up to 60,000 kilograms of green hydrogen daily.
oilprice.com
Shell and Air Liquide are each building a 200-megawatt electrolyzer on the Maasvlakte, which will rapidly increase the production of green hydrogen in Rotterdam.
Hynetwork
The green hydrogen unit, composed of a 100-megawatt electrolysis plant, will produce up to 15 ktpa of renewable hydrogen using proton exchange membrane electrolyzers, which will be supplied by Plug Power, Techip Energies said.
rigzone.com
In 2025, Air Liquide and TotalEnergies committed USD 1.05 billion to develop large-scale projects in the Netherlands, including 200 MW and 250 MW electrolyzer facilities expected to begin operations by 2027, reinforcing long-term investment momentum.
MarkNtel Advisors
With Nel, you are effectively betting that green hydrogen will move from PowerPoint to pipelines, especially in the US where new subsidies and mega-projects are finally starting to land.
Nel Hydrogen: Is This Green Tech Stock Finally Turning
TotalEnergies targets half a million tons of green hydrogen by 2030, which is substantial given that European refineries currently consume 7 million tons of hydrogen annually.
TOPSOE
Last updated: 19 June 2026
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