Plug Power Secures Major 25 MW PEM Electrolyzer Deal in Europe
Key Ideas
  • Plug Power secures a significant 25 MW PEM electrolyzer deal with a major European customer to reduce carbon footprint using green hydrogen.
  • The project will employ five containerized PEM electrolyzers, showcasing Plug's expertise and proven technology in the green hydrogen industry.
  • Plug's extensive experience and state-of-the-art manufacturing facilities demonstrate its ability to deliver on this project and pave the way for long-term decarbonization strategies.
  • This partnership marks the beginning of a sustainable journey with the potential for significant expansion in electrolyzer capacity up to two GW.
Plug Power Inc., a global leader in hydrogen solutions, has secured a notable order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a European customer. This project aims to reduce the customer's carbon footprint by utilizing green hydrogen. Plug's CEO, Andy Marsh, emphasized the selection of their technology for its expertise and proven track record in the industry. The European market's potential for green hydrogen aligns with Plug's capabilities, including its 100 MW PEM electrolyzer deployment with Galp in southern Europe and various ongoing projects in different industries. Leveraging 35 years of engineering experience, Plug operates globally, with key facilities like the Gigafactory in Rochester, N.Y., showcasing its manufacturing capacity. This deal signifies the initiation of a long-term partnership focused on decarbonization, with plans for significant electrolyzer capacity expansion. Plug's success in deploying PEM electrolyzer systems and its commitment to green solutions position it as a key player in driving sustainable practices in the hydrogen industry.
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