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21 Jan
17:57

ITM Power targets nearly 40% electrolyser cost reduction

UK’s hydrogen equipment manufacturer ITM Power expects to cut the cost of electrolysers by nearly 40% over the next three years, with its newly completed gigafactory in northern England. The company says it’s achieving cost reduction through volume, automation and stack design & assembly, while responding to global demand. Its 1 gigawatt (GW) electrolyser manufacturing plant at Bresser Park, in Sheffield, is the world’s largest PEM electroly…
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