Plug Power has signed a contract with H2DRIVEN in Portugal to support a green methanol project by supplying Technical Evaluation Phase (TEP) assistance for 25 MW of Proton Exchange Membrane (PEM) electrolyzers. The project, developed by Dourogás and CapWatt, plans to generate 80,000 tons of green methanol annually by integrating synthesis gas from biomass gasification with green hydrogen produced through water electrolysis fueled by solar power. The methanol will find applications in heavy industry and mobility. The agreement aims to ensure successful project execution, with operations slated to commence by the end of 2026. Plug Power, boasting expertise in PEM electrolyzer technology, is actively involved in building a green hydrogen ecosystem to aid customers in achieving decarbonization targets. The company's track record includes deploying numerous fuel cell systems and fueling stations, showcasing its capabilities in delivering sustainable solutions for global markets.