ITM Power, traded as GB:ITM, has been selected as the supplier for a significant green hydrogen project in the Asia-Pacific region where over 300MW of electrolysers will be provided for a power plant. This project, which has secured local funding approval, aims to generate green hydrogen to reduce carbon emissions and is pending a Final Investment Decision (FID). The selection of ITM Power for this project highlights the company's increasing influence in the green hydrogen sector and its dedication to advancing sustainable energy solutions. Despite challenges such as negative profitability and cash flow issues impacting ITM Power's stock score, the company shows promise for growth through strategic partnerships. However, concerns about valuation remain. With its specialization in designing and manufacturing electrolysers using proton exchange membrane (PEM) technology, ITM Power focuses on producing green hydrogen from renewable electricity and water. Founded in 2000 and headquartered in Sheffield, England, ITM Power continues to make strides in the field of renewable energy and sustainable solutions.