ITM Power subsidiary teams with Eternal Power to ‘unlock’ stalled hydrogen projects
ITM Power’s new plant-building subsidiary has partnered with German project developer Eternal Power to “unlock” stalled green hydrogen projects.
Hydropulse said the venture aims to fast-track industrial green hydrogen deployment by combining its “hydrogen as a service” model with Eternal’s boots on the ground experience and customer access.
This, it said, will “unlock” projects that have been delayed or stalled due to complexity, cost, or execution challenges.
The new subsidiary, which launched on Wednesday (25 June), plans to build, own, and operate small- to mid-size green hydrogen plants contracted to supply industrial hydrogen consumers under long-term offtake contracts.
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