A €2.3bn ($2.4bn) non-binding offtake agreement highlights robust demand for Eternal Power’s hydrogen production, according to its Managing Director, who emphasised its significance compared to Memorandum of Understandings (MOUs).
Last October, Eternal Power announced it would provide hydrogen to an unnamed offtaker in Germany from its production plant in Dummerstorf. The project is expected to become operational in 2028 and produce 9,000 tonnes of hydrogen per year.
Read more: Eternal Power unveils €2.3bn offtake deal for German hydrogen facility