Plug Power Inc., a global leader in hydrogen solutions, has secured a contract with H2DRIVEN to provide support for a green methanol project in Portugal. This project involves using PEM Electrolyzers to produce green hydrogen for methanol production, aiming to generate 80,000 tons annually and reduce CO2 emissions by 105 kilotons by 2027. The partnership with H2DRIVEN is seen as a strategic move to drive innovation, diversify production systems, and reduce reliance on external markets, ultimately contributing to a cleaner energy future. The Technical Evaluation Phase (TEP) will focus on providing essential support and technical information for the project's Front End Engineering Design process. Once completed, the project will progress to the Final Investment Decision phase, targeting operational readiness by the end of 2026. Plug Power's expertise in PEM technology and green hydrogen production positions them as a key player in advancing sustainable solutions for heavy industry and mobility applications. H2DRIVEN's initiative not only aims to boost the national economy and increase exports but also supports the EU's technological sovereignty by promoting R&D and driving technical advancements. The project aligns with Plug's broader goal of building a green hydrogen ecosystem, with plans to operate green hydrogen plants across North America and Europe. Through collaborations like these, Plug aims to commercialize hydrogen fuel cell technology and drive decarbonization efforts in multiple sectors.