Entries by Jonathan Mack

ETERNAL operates in countries which are crucial import partners of green hydrogen for Germany

Germany is expected to import around 80% of its future green hydrogen demand, presenting opportunities for diversification and reduced dependence on specific partners. ETERNAL POWER operates amongst other in Brazil, the UAE, Turkey, Namibia and Vietnam, where the scale-up sees significant potential for low-cost green hydrogen production and where the German Federal Ministry for Economic Affairs and Climate Action is discussing or has already signed partnerships.

Chemistry industry and mobility sector expected to be the driving factors of the green hydrogen market

Hydrogen producer ETERNAL POWER recognizes the mobility sector, particularly heavy-duty transport, and the chemical industry as key drivers for the rapid development of the green hydrogen market. Despite being currently more expensive than fossil alternatives, industries that must adhere to CO2 quotas and are technically prepared to switch to green hydrogen present a positive business case.

Participating at McKinsey GBB23 to build a more sustainable future

Dr. Moritz Schwencke and Robert Meitz from ETERNAL POWER joined this year’s McKinsey GBB which connects entrepreneurs, innovators and investors with the aim to build green businesses. The team presented ETERNAL POWERs approach to become a fully integrated supplier for green hydrogen and had great conversations with other companies interested and active in the sector.

Strengthening our German-Emirati partnership and registering Eternal Power Middle East LLC in MASDAR Free Zone

As member of the German-Emirati Hydrogen Task Force, ETERNAL POWER participated in the 7th Emirati-German Energy & Climate Day hosted by the German Federal Ministry for Economic Affairs and Climate Action in Abu Dhabi. Dr. Moritz Schwencke und Robert Meitz also joined the discussions on the World Future Energy Summit in Abu Dhabi and met with partners to discuss concrete next steps for joined projects.

ETERNAL POWER is born

A team of five experienced renewable energy, shipping and logistics specialists join forces to establish Eternal Power with the ambition to build a leading global producer of green hydrogen in order to power the decarbonisation of future energy consumption.