Plug Power Secures Order for Green Hydrogen Electrolyzers in Spain
Key Ideas
- Plug Power has secured an order for 25 MW of PEM electrolyzer systems from bp and Iberdrola's joint venture in Castellón, Spain, to decarbonize bp's operations, reducing 23,000 tons of CO2 emissions per year.
- The project highlights Plug's established industry expertise, technological prowess in green hydrogen, and its role in contributing to European Union decarbonization targets.
- The long-term partnership signifies the beginning of decarbonizing bp's operations, with plans for potential expansion up to 2 GW of electrolysis capacity, demonstrating a significant step towards sustainability.
- Plug Power's green hydrogen ecosystem aims to create a commercially viable market, with extensive plans for a green hydrogen highway across North America and Europe, supported by its state-of-the-art Gigafactory in Rochester, N.Y.
Plug Power Inc., a global leader in hydrogen solutions, has secured a substantial order for 25 MW of proton exchange membrane (PEM) electrolyzer systems from bp and Iberdrola's Castellón Green Hydrogen S.L. joint venture in Spain. The project, utilizing Plug's 5 MW containerized PEM electrolyzers, aims to decarbonize operations at bp's Castellón refinery, reducing 23,000 tons of CO2 emissions annually. Plug's CEO, Andy Marsh, expressed confidence in the market potential for green hydrogen in Europe, emphasizing the company's ability to make a substantial impact in decarbonization efforts. Leveraging its 35 years of expertise and experience in green hydrogen, Plug will play a significant role in the project's success. The partnership signifies a major step towards decarbonizing bp's operations, with plans for future expansion of up to 2 GW of electrolysis capacity. Plug's focus on creating a green hydrogen ecosystem, including production, storage, and delivery solutions, showcases its commitment to sustainability and commercial viability. The company's state-of-the-art Gigafactory in Rochester, N.Y., and plans for a green hydrogen highway underscore its dedication to driving the green hydrogen economy across continents. The project marks an important milestone in the journey towards a more sustainable future.
Topics
Projects
Renewable Energy
Technology
Sustainability
Carbon Reduction
Industry Expertise
European Market
Business Partnership
Green Hydrogen Ecosystem
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