ETERNAL POWER becomes a member in the H2Global Foundation
ETERNAL POWER is now a member of the H2Global Foundation: We are looking forward to adopt an active role in promoting the green hydrogen sector.
Hydrogen is team work! Our partners:
Signed a JV agreement with a leading group in Turkey
In Ankara, Eternal Power has signed a Joint Venture Agreement with a strong, highly experienced and well established Turkish Group to set up a Joint Venture company to develop, finance, build and operate green hydrogen (or derivatives thereof) production facilities in Turkey and other countries in the region with a capacity of at least 1 GW installed renewable energy capacity. More details will follow in a separate press release by both partners in upcoming weeks.
Signed a MoU with four local partners in Brazil
In Brazil, Eternal Power has signed a MoU (Memorandum of Understanding) with four strong local partners to develop green hydrogen production facilities of up to 1 GW (electrolyzer capacity) in the Ceará Export Processing Zone (‘ZPE’), adjacent to the Port of Pecém, the hydrogen „hot spot“ close to Fortaleza.
JV agreement signed in UAE
In Abu Dhabi, Eternal Power has signed a Joint Venture Agreement with a strong local partner for a green ammonia production facility of at least 500 MWp (capacity of the PV field) in UAE with significant subsequent capacity expansions planned for in later stages.
Signed MoU with a local partner in UAE
ETERNAL POWER has signed a MoU (Memorandum of Understanding) with a strong local partner in United Arab Emirates (UAE) in order to plan, build and operate a green hydrogen production facility of at least 500 MWp in UAE.
Project pipeline starts building up
ETERNAL POWER initiates first initiatives to start building its global renewalbe energy pipeline with a focus on solar projects in Germany as well as Spain, Italy, Turkey, UAE, Africa and Brazil.
Grazia Equity invests in ETERNAL POWER
Grazia Equity, one of Germany‘s most selective and experienced start-up investors, decides to join Eternal Power‘s team and become a member of the founders‘ team.
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.