Intelligent Energy has secured a hydrogen fuel cell deal in India – at the value of £1.2bn over the a 10 year period.
The major deal will see over 27,400 telecom towers in the country powered by hydrogen fuel-cells, and will also have a transformative impact on the country’s energy market by creating high efficiencies and cost savings – all alongside reducing emissions.
“This transaction delivers contracted revenues of approximately £1.2bn over ten years, which is a major development for Intelligent Energy and the industry,” said Henri Winand, CEO of Intelligent Energy Holdings.
“Our technology will not only help to bring a stable, reliable power supply to these towers, it will also demonstrate the full power of hydrogen fuel cells today, and in the future.”
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