When it comes to electrolysers, there’s one company which is never far from the headlines: ITM Power. Thanks to its focus on three broad markets areas – mobility, Power-to-X and industry, the British manufacturer of polymer electrolyte membrane electrolysers has grown considerably in recent years and moved into the world’s largest electrolyser manufacturing facility in Sheffield, UK in January 2021.
Through standardisation, modularisation and the employment of world class practices, ITM Power has the manufacturing capacity to produce 1GW of electrolysis a year. The company says the Gigafactory provides a blueprint which can be easily replicated when there are large order volumes. And ITM Power confirmed to H2 View there are already fully funded plans in the pipeline to build a second gigawatt-scale facility which would be even bigger than the current one.
“We have already raised sufficient funds to build a second factory – it’s critical to our continued success that we are able to fulfil our order book as the market continues to grow at a very rapid rate,” Dr. Rachel Smith, Executive Director of ITM Power, told H2 View.
“The design and build phase for Bessemer Park took two years, so we would anticipate an 18-month lead time from the point of the second factory investment decision to the first product output – which is why we will continue to watch and develop markets to ensure we align our production capacity inline with the opportunities.”
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