Plug Power Secures Major Order for PEM Electrolyzer Systems in Europe
Key Ideas
  • Plug Power Inc. has secured a significant order for 25 megawatts of PEM electrolyzer systems in Europe to help reduce the carbon footprint of a company, signaling a positive step towards green hydrogen adoption.
  • The project, utilizing Plug's advanced technology, highlights the company's expertise and readiness to contribute to the European Union's decarbonization targets and the growing market potential for green hydrogen in Europe.
  • This order marks the beginning of a long-term partnership aimed at decarbonizing the customer's operations, with plans for phased development and potential capacity expansion up to two gigawatts of electrolyzer capacity.
  • Plug's extensive experience in the green hydrogen industry, exemplified by ongoing projects with various industries and the operation of the largest PEM system in Georgia, reinforces its ability to deliver reliable PEM electrolyzer technology globally.
Plug Power Inc., based in Latham, New York, has announced the successful securing of an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project, set to utilize five 5 MW containerized PEM electrolyzers, aims to reduce the carbon footprint of the client through the use of green hydrogen technology. Plug's CEO, Andy Marsh, highlighted the significance of the company's technology selection for this project, emphasizing Plug's established industry expertise. This deal marks the initiation of a long-term partnership focused on decarbonizing the customer's operations, with potential plans for expanding the electrolyzer capacity up to two gigawatts. Plug's experience in the green hydrogen sector, including collaborations with industries like glass, aluminum, and steel manufacturing, reinforces its position as a leader in providing PEM electrolyzer technology. The article also underlines Plug's commitment to advancing green hydrogen solutions globally, with projects such as the deployment of a 100 MW PEM electrolyzer with Galp in southern Europe and the execution of Basic Engineering and Design Package (BEDP) contracts. The company's track record, including operating the largest PEM system in Georgia and its state-of-the-art Gigafactory in New York, showcases its ability to deliver reliable and proven technology. Plug Power's vision extends to building a green hydrogen ecosystem encompassing production, storage, delivery, and energy generation to support customers in meeting business goals and driving decarbonization. With plans for a green hydrogen highway in North America and Europe and the development of hydrogen production plants, Plug is solidifying its position as a key player in the green technology sector. The company's commitment to providing green hydrogen solutions across various industries further highlights its dedication to environmental sustainability and innovation.
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