Plug Power Inc., based in Latham, New York, has announced a significant achievement in its electrolyzer business by reaching 7.5 gigawatts in global Basic Engineering and Design Package (BEDP) contracts. These contracts provide essential details for the engineering and integration of green hydrogen projects, potentially leading to revenues of $0.5B to $0.75B per gigawatt. Plug recently finalized a 3 GW BEDP contract with Allied Green Ammonia in Australia and has an additional 4.5 GW in contracts spanning the U.S. and Europe, showcasing its strong global presence. The company's emphasis on Proton Exchange Membrane (PEM) technology and liquid hydrogen plants has positioned it as a leader in the green hydrogen industry. Plug Power is dedicated to driving the green hydrogen revolution and has plans to expand its operations by operating a green hydrogen highway across North America and Europe. To support its growth, Plug has built a Gigafactory to produce electrolyzers and fuel cells, with multiple green hydrogen production plants set to be operational by the end of 2028. Plug Power's CEO, Andy Marsh, highlighted the increasing demand for green hydrogen and the company's industry-leading position in PEM electrolyzer technology. The general timeline for projects to move from BEDP and FEED to Final Investment Decision (FID) is 6-18 months, indicating potential for rapid growth in the green hydrogen sector. The company's recent milestone and contract wins signify its commitment to decarbonizing the economy and providing comprehensive hydrogen solutions to its customers.