ITM Power’s plans for a second gigafactory in the UK have taken a step forward with the company announcing today (Nov 9) its intention to buy a site in Sheffield around two miles from its existing facility – and it’s expected to be fully operational by the end of 2023.
The new site is part of the University of Sheffield Innovation District and has outline planning consent and a full design brief agreed with the City Council, ITM Power confirmed in a statement.
Complementing the existing 1GW per annum (pa) of capacity at ITM Power’s Bessemer Park site, the new 1.5GW pa factory will provide a template for the company’s first international facility, which is expected to have a capacity of 2.5GW pa.
This means ITM Power’s total electrolyser capacity could reach 5GW pa by the end of 2024.
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