MorGen Energy 20 MW Project FID and LTSA Signed

Summary by AI BETAClose X

ITM Power plc has announced that MorGen Energy's 20 MW West Wales Hydrogen project in Milford Haven has reached Final Investment Decision (FID), making it one of the first UK Government HAR1 funded projects to do so. ITM Power will supply its 20 MW POSEIDON electrolysis module for the plant, which is expected to produce approximately 2,000 tonnes of hydrogen annually and commence commissioning in 2028, serving industrial clusters across Wales. Additionally, ITM Power has secured a ten-year Long-Term Service Agreement (LTSA) with MorGen Energy for the project's operational maintenance and support.

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