This collaboration will fast-track project development by combining Hydropulse’s technology access and unique ‘hydrogen-as-a-service’ model with Eternal Power’s on-the-ground development expertise and customer access – unlocking projects that were previously stuck due to complexity, capital cost, high upfront investments, or execution delays.
Hydropulse builds, owns, and operates containerised green hydrogen plants tailored to industrial customers, with no upfront investment, no technology risk, and a fully managed long-term supply model. Eternal Power will now help identify, structure, and drive projects through key development milestones, including permitting and commercial coordination.
“With Eternal Power at our side, we can move faster and deliver smarter – getting hydrogen to industrial users who need it today, not years down the line,” said Dennis Schulz, CEO of ITM Power and Managing Director of Hydropulse. “This partnership is about turning potential into reality, and unlocking serious near-term value for customers and shareholders by removing key barriers to hydrogen adoption.”
“Hydropulse is building the bridge between electrolyser technology and real-world use,” said Moritz Schwencke, CEO of Eternal Power. “Together with ITM Power and its standardised PEM electrolyser systems, we are ready to speed up on-site deployment and contribute to a faster ramp-up of the hydrogen economy in Germany.”
The partnership will target industrial hydrogen users, where the Hydropulse ‘hydrogen-as-a-service’ model removes traditional capex and investment risk barriers, and Eternal Power’s project development expertise and local know-how ensure that projects move fast.