Plug Power Expands Global Footprint with Hydrogen Electrolyzer Systems
Key Ideas
  • Plug Power has successfully installed and commissioned electrolyzer systems worldwide, showcasing leadership in hydrogen technology.
  • With over 95 MW of electrolyzer systems operational globally, Plug sets a new milestone in PEM electrolyzer capacity.
  • The company anticipates a significant increase in hydrogen production capacity with the commissioning of 37 additional units later this year.
  • Plug's expansion includes diverse deployments across continents, contributing to a substantial generation of hydrogen at customer sites.
Plug Power, Inc. has announced the successful installation and commissioning of electrolyzer systems worldwide, indicating a significant step in meeting the increasing global demand for hydrogen. CEO Andy Marsh highlighted the achievement, emphasizing Plug's leadership in providing proven technology. The company's electrolyzer systems, totaling over 95 MW, are already operational or in commissioning phase across different continents, setting a new industry milestone in PEM electrolyzer capacity. Plug's diverse deployments in North America, Europe, Africa, Asia, New Zealand, and India adhere to various regulatory requirements, showcasing a commitment to global expansion. These systems, situated at customer sites, have collectively produced over 1,500 metric tons of hydrogen since installation. Notably, Plug's Georgia plant houses the world's largest operational PEM electrolyzer system, further solidifying its position in the hydrogen industry. With plans to ship and commission 37 additional units in the latter part of the year, Plug expects a substantial increase in daily hydrogen production capacity. The company's innovative approach includes the deployment of a 25MW electrolyzer in Europe, with a goal to achieve 93 metric tons of daily hydrogen production as global installations reach full capacity. The positive sentiment around Plug Power's expansion is reflected in the confidence to increase hydrogen capacity while establishing one of the largest PEM electrolyzer OEM installed bases globally.
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