Plug Power Inc., a global leader in hydrogen solutions, is collaborating with Carreras Grupo Logístico to launch the first hydrogen-powered logistics site in Spain. The initiative will introduce fuel cell technology at Carreras Grupo Logístico's logistics center in Masquefa, Barcelona, replacing lead-acid battery-powered forklifts. This transition aims to improve energy efficiency, productivity, and sustainability, while lowering operational costs. The project at Masquefa will serve as a testing ground for Plug's technology, with insights to be used for future expansion across Spain. The move signifies a milestone in the logistics sector's decarbonization efforts. The benefits of hydrogen fuel cells, such as quick refueling, enhanced productivity, and reduced operational costs, are highlighted. The global market for hydrogen fuel cell forklifts is on the rise, with major companies like Amazon and Walmart already leveraging this technology to drive efficiency and cost savings. Plug's CEO, Andy Marsh, expressed enthusiasm about the collaboration, emphasizing the positive impact of hydrogen-powered solutions on decarbonization and operational efficiency. Plug Power is dedicated to building a green hydrogen ecosystem, including production, storage, and delivery solutions. The company's vision includes a green hydrogen highway spanning North America and Europe, supported by cutting-edge production facilities. Plug aims to lead in the adoption of hydrogen fuel cell technology across various industries, from material handling to power generation, aligning with global sustainability goals. The collaboration with Carreras Grupo Logístico exemplifies the growing momentum towards green hydrogen solutions in the market.