Green hydrogen final investment decision (FID) momentum is accelerating, setting up 2025 as a potential turning point, ITM Power CEO Dennis Schulz told investors.

Having logged revenues of £15.5m ($19.3m) in H1 FY25, up 183% year-on-year, and reduced its EBITDA 7% to -£16.8m (-$20.9m), the UK electrolyser maker believes it is in “pole position” to capture demand thanks to its operational changes and continued cost reductions.

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