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ITM Power's Hydropulse signs terms for 150 MW green hydrogen project with European refinery

Market News
12 Oct 2026
Proactive Investors
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Bullish
ITM Power's Hydropulse signs terms for 150 MW green hydrogen project with European refinery

ITM Power's Hydropulse subsidiary has signed preliminary terms with a European oil refinery for a 150 MW green hydrogen project using ITM Power's Alpha electrolyser platform. The project, under a 10-year agreement, aims to start hydrogen production by 2029 following a Front End Engineering Design study and final investment decision in 2027. Hydropulse will build, own, and operate the facility, securing long-term contracted revenue and reducing exposure to power price fluctuations. This project supports ITM Power's strategy to supply hydrogen directly to industrial customers and expand its build-own-operate model.

ITM Power’s Hydropulse green hydrogen project is the subject here. For readers following the Energy sector, here is Pluang's market snapshot as of Oct 12, 2026 12:21 WIB: of 62 priced Energy-sector US stocks tradable on Pluang, 44 rose and 17 fell today. Notable movers include OVV at USD 63.88 (+3.97%), APA at USD 45.52 (+3.90%), and PR at USD 23.02 (+3.83%).

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