Plug Power Inc., a global leader in hydrogen solutions, has secured an order for 25 MW of PEM electrolyzer systems from bp and Iberdrola’s joint venture in Castellón, Spain. The project aims to decarbonize operations at bp’s refinery in Valencia by replacing gray hydrogen with green hydrogen, potentially avoiding 23,000 tons of CO2 emissions annually. Plug's technology selection for this project showcases their industry expertise and readiness to contribute to European Union decarbonization goals. With plans for future expansion, the partnership signifies a significant step towards green hydrogen adoption in Europe. Plug's experience in the field, including operating the largest PEM system in Georgia and their Gigafactory in Rochester, demonstrates their capability to deliver on large-scale projects. Iberdrola's role reinforces a commitment to sustainability, aligning with their substantial investments in sustainable energy. This initiative marks the beginning of a transformative journey to decarbonize operations and highlights the companies' dedication to advancing the green hydrogen economy.