LONDON (ShareCast) - (Sharecast News) - ITM Power announced the launch of its new 50MW full-scope green hydrogen plant 'Alpha 50' on Tuesday, which it said would establish a new global standard for scalable, cost-effective hydrogen production.
The AIM-traded company described Alpha 50 as its flagship system, built on its proprietary stack technology and designed to deliver reliable, high-purity hydrogen at 30 bar pressure using only water and electricity.

It said the plant is fully skid-mounted, prefabricated and standardised, with consolidated process units and built-in redundancy to maximise uptime.

ITM said that, with a compact footprint and modular design, Alpha 50 could be configured into larger facilities and deployed worldwide.

It said it was engineered for outdoor installation and capable of operating across a wide range of temperatures, reducing the need for extensive construction or civil works.

ITM said the system offered high energy efficiency, and could adapt to load changes within seconds to optimise output.

The company said the Alpha 50 was now available to customers and priced at €50m for the full-scope plant, which it described as "substantially more competitive than any comparable solution, regardless of technology or provider".

Chief executive Dennis Schulz said: "Our containerised 5MW plant Neptune V redefined how mid-size projects are executed today.

"It's now time to disrupt how large-scale projects are deployed.

"Alpha 50 makes available our high-performing and proven technology in the most competitive full-scope solution for large-scale projects.

"Alpha 50 will transform the industry and set a new standard for execution at scale."

At 1334 BST, shares in ITM Power were up 6.57% at 83.12p.

Reporting by Josh White for Sharecast.com.

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