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major-1-2bn-clean-power-deal-secured-by-intelligent-energy-in-india
major-1-2bn-clean-power-deal-secured-by-intelligent-energy-in-india

Major £1.2bn clean power deal secured by Intelligent Energy in India

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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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