It is going to a long one on this one. ITM has scrapped its 2024 target for electrolyser production capacity.
and reversed course on a decision to open a second UK factory in Sheffield.
They will go for government support for capital as European countries will have various incentives and plans in place for ways of reducing dependence on Russian oil and gas.
@Upthegains Germanys push in Hydrogen is no secret - it has been developing the infrastructure for a while now. As gentle reminder this topic thread is specifically about ITM. If you want to post about Hydrogen investing please do it in 🌲 Green investing 🌲. If you are posting about how ITM is specifically involved in some country plan then it would be pertinent and on topic for this thread.