Plug Power Announces Landmark Green Hydrogen Agreement with Allied Green Ammonia in Australia
Key Ideas
- Plug Power Inc. has signed a significant purchase agreement with Allied Green Ammonia (AGA) to supply three gigawatts (GW) of electrolyzer capacity for a green hydrogen-to-ammonia plant in Australia.
- AGA will power the Plug electrolyzers with zero-emission electricity from a 4.5 GW solar plant, aiming to produce around 2,700 metric tons per day (TPD) of green ammonia for various industries.
- The partnership is a step towards a clean energy future, with Plug set to begin manufacturing Proton Exchange Membrane (PEM) electrolyzers by Q1 2027 upon a positive Final Investment Decision (FID) expected by Q2 2025.
- AGA's project, supported by various stakeholders including governments and indigenous peoples, is expected to create local jobs, reduce carbon emissions, and provide sustainable and affordable fuels for global industries.
Plug Power Inc., based in Slingerlands, N.Y., has announced a significant agreement with Allied Green Ammonia (AGA) to supply three gigawatts (GW) of electrolyzer capacity for AGA's green hydrogen-to-ammonia plant in Australia. AGA plans to use a 4.5 GW solar plant to power the electrolyzers, aiming to produce approximately 2,700 metric tons per day (TPD) of green ammonia for various sectors such as agriculture, energy storage, transport, and industrial applications. The partnership involves Plug developing a Basic Engineering and Design Package (BEDP) to attract investors before commencing the manufacture of Proton Exchange Membrane (PEM) electrolyzers in Q1 2027, pending a positive Final Investment Decision (FID) by Q2 2025.
AGA's project, one of the largest green ammonia facilities globally, emphasizes the advantages of electrolysis-based hydrogen for ammonia production, as highlighted by Andy Marsh, CEO of Plug Power Inc. The venture is expected to support a net-zero emissions future and meet the growing demand for green ammonia. AGA's Chairman and Managing Director, Alfred Benedict, expressed excitement about the partnership with Plug and highlighted the importance of enduring partnerships in realizing ambitious green energy projects.
AGA, backed by stakeholders like the Northern Territory Government and the Australian Government, aims to create a sustainable infrastructure that will generate local jobs, reduce carbon emissions, and offer clean and affordable fuels to global industries. The project is expected to play a significant role in the transition to a cleaner energy economy. Plug Power Inc., known for its comprehensive hydrogen solutions, is a key player in advancing the green hydrogen ecosystem and aims to create a commercially viable market for hydrogen fuel cell technology with its various initiatives.
Topics
Utilities
Renewable Energy
Infrastructure
Sustainability
Green Technology
Job Creation
Partnership
Global Economy
Energy Industry
Latest News