Great British Energy and the UK government announced a £86.5 million investment in a South Yorkshire hydrogen project, creating more than 400 jobs. ITM Power UK Ltd will receive £40 million in equity from Great British Energy and a £46.5 million government grant in principle to expand its electrolyser manufacturing. The expansion will add a 1 GW capacity to the company’s South Yorkshire facility, producing electrolysers that split water into hydrogen and oxygen. The project supports the development of ITM’s next‑generation ‘Chronos’ electrolyser platform, which aims to reduce costs and improve efficiency. The investment is part of the government’s clean‑energy strategy, which has already secured over £90 billion of private investment in UK clean‑energy projects.
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