Plug Power Secures 25 MW Order for PEM Electrolyzer Systems in Europe
Key Ideas
  • Plug Power Inc. secures an order for 25 MW of PEM electrolyzer systems in Europe, demonstrating the company's commitment to green hydrogen solutions and reducing carbon footprints.
  • The project, utilizing 5 MW containerized PEM electrolyzers, highlights Plug's industry expertise and readiness to make a substantial impact in the European green hydrogen market.
  • Plug's partnership with the customer marks the beginning of a long-term decarbonization effort, with potential future expansion of electrolyzer capacity up to two GW, showcasing a promising future collaboration.
  • With extensive experience, including a 100 MW deployment with Galp in southern Europe and ongoing projects in various industries, Plug's track record in PEM electrolyzer technology positions it as a leader in the field.
Plug Power Inc., based in Latham, New York, has announced securing an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project aims to reduce the carbon footprint by utilizing green hydrogen. Plug's CEO, Andy Marsh, emphasized the company's industry expertise and technology readiness for the European market's decarbonization goals. Plug has a strong track record, including a 100 MW PEM electrolyzer deployment with Galp in southern Europe and projects in glass manufacturing, aluminum recycling, and steel manufacturing. The company's operational experience with PEM electrolyzer systems, highlighted by its Georgia production plant, underscores its ability for this project. The deal marks the start of a long-term partnership with potential capacity expansion. Plug Power is focused on building a green hydrogen ecosystem, aiming to help customers achieve their business goals and contribute to decarbonization. With plans for a green hydrogen highway across North America and Europe, the company's Gigafactory in Rochester, New York, and green hydrogen production plants signify its commitment to sustainable solutions. By leveraging its expertise and technology, Plug aims to play a significant role in advancing the green hydrogen industry.
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