Plug Power Expands Green Hydrogen Solutions Across Europe
Key Ideas
- Plug Power Inc. has successfully deployed 13 hydrogen refueling stations across Europe in the last two years, supporting material handling and mobility applications for various customers.
- These refueling stations serve Plug's European customer base, including major companies like Amazon, ASDA, and Lidl, as well as Plug's own facilities and joint ventures for hydrogen fuel cell electric commercial vehicles.
- The use of green hydrogen in many of these sites enables customers to achieve efficiency gains while meeting corporate sustainability goals, demonstrating the growing demand for green hydrogen solutions in the European market.
- Plug's expertise in hydrogen refueling stations has significantly reduced the time-to-market for a station from 18 months to just 6 months, highlighting the company's execution capabilities and commitment to expanding its green hydrogen ecosystem.
Plug Power Inc., a global leader in hydrogen solutions, has completed the deployment of 13 hydrogen refueling stations across Europe to support material handling and mobility applications for various customers. These stations, located in the UK, France, Germany, Spain, and the Netherlands, are currently in the commissioning phase and are expected to be fully operational by this summer. They cater to Plug's European material handling customer base, which includes companies like Amazon, ASDA, and Lidl, as well as Plug's own facilities and joint ventures for hydrogen fuel cell electric commercial vehicles.
The utilization of green hydrogen in many of these sites allows customers to achieve efficiency gains while meeting sustainability goals. The company's turnkey hydrogen refueling solutions have been instrumental in the conversion of lead acid battery-powered to hydrogen fuel cell-powered equipment, particularly for sites facing grid constraints. Plug's experience in building hydrogen refueling stations has enabled a significant reduction in the time-to-market for a station, from 18 months to just 6 months.
Plug's commitment to expanding its green hydrogen ecosystem is further evidenced by its plans to operate a green hydrogen highway across North America and Europe. The company aims to build multiple green hydrogen production plants by the end of 2028, in addition to its state-of-the-art Gigafactory for producing electrolyzers and fuel cells. With a focus on decarbonizing the economy, Plug Power is at the forefront of driving the adoption of hydrogen fuel cell technology in various applications.
Topics
Europe
Sustainability
Business Growth
Green Technology
Fuel Cell
European Market
Energy Generation
Material Handling
Mobility Applications
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