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ITM Power, Sumitomo Enter Strategic Partnership

ITM Power and Sumitomo Corporation have entered into a strategic partnership “for the development of multi-megawatt projects in Japan based exclusively on ITM Power’s electrolyser products.”  The two companies will also look for collaborative opportunities outside Japan.  In a July 9 press release, ITM refers to the two companies’ shared vision for “the use of hydrogen to decarbonise heat, transport and industrial processes” as the foundation for the arrangement.