ITM Power Launches Hydropulse to Deliver Turnkey Green Hydrogen Solutions
In a strategic move echoing the business models of legacy industrial gas providers, ITM Power has unveiled Hydropulse GmbH—a newly formed German subsidiary set to build, own, and operate green hydrogen plants powered by ITM’s proprietary electrolysis technology.
Hydropulse aims to supply industrial sectors with dependable, low-carbon hydrogen through long-term offtake agreements. Target customers include chemical producers, steelmakers, food processors, refineries, and mobility providers—industries with high-volume, consistent hydrogen demand.
According to ITM, the subsidiary will deliver “green hydrogen as a service”, removing capital expenditure, technology risk, and operational complexity for customers. Each plant will be tailored to a specific customer’s load profile and monitored via a remote operations center, streamlining deployment and oversight.
Hydropulse’s early focus will be on small- to mid-scale projects across Germany, the UK, and the Nordics, serving as a proving ground for the model’s commercial, technical, and operational viability.
Crucially, the company will not take on energy procurement or exposure to price volatility, instead leaving power risk to the customer or to a separately negotiated power purchase agreement (PPA). This insulation from energy market fluctuations is part of a broader strategy to simplify project bankability.
By leveraging direct access to ITM’s electrolysers at competitive prices, the company believes it can unlock stalled projects by significantly lowering the cost of green hydrogen production.
“Hydropulse is not pursuing merchant markets, speculative refueling infrastructure, or hydrogen logistics,” ITM said in a statement. “Our focused approach ensures risk is contained and returns are grounded in real industrial use cases with dependable demand.”
ITM CEO—and now Hydropulse Managing Director—Dennis Schulz described the launch as a pivotal next step for the electrolyser manufacturer. “By absorbing the capex, operations, and technology risks that stall green hydrogen adoption, Hydropulse addresses key bankability challenges. This opens a new chapter for ITM, and for the industry.”
