Short description
Global Integrated Mass Producer of Green Hydrogen and its Derivatives.
Description
Eternal Power builds a global integrated mass producer of green hydrogen and its derivatives by developing, financing, building and operating production facilities. Its Team hereby addresses and solves the main challenge of the green hydrogen sector: the large-scale production of fully sustainable hydrogen at a competitive price to serve a massively growing demand: The nascent market will reach an annual value of 1,400 billion EUR by ~2050 and will go on to account for roughly ~20% of the world’s primary energy need by 2050.
Eternal Power covers the whole value chain: developing green field production sites encompassing utility- scale renewable energy generation, production of green hydrogen and conversion to its derivative (eg ammonia). We secure those sites globally at ideal locations (eg Germany, Sweden, Spain, UAE, Chile). Our products will be sold and shipped to off-takers such as utilities, fertilizer producers, chemical companies and shipping / logistics groups. ETERNAL POWER is technology agnostic and will source leading renewable energy and electrolyzer hardware to secure an industry leading, “rock-bottom”, cost position (LCOE and LCOH).
Last funding
No Way
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Total funding
$$121212
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Location
Hamburg, Hamburg, Germany, Europe
Founded on
April 1, 2021
Non-profit?
No
Acquired?
No
Employees count
11-50
Investors
No Way, Noway Youcantaccess
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