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Plug Power secures 25 MW electrolyzer deal in Europe

The project will employ five of Plug’s 5 MW containerized PEM electrolyzers.

Plug Power Inc., a provider of comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 MW of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plug’s 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using green hydrogen, according to a news release.

“The selection of Plug’s technology for this project serves as a clear example of our established industry expertise and proven technology,” stated Plug CEO Andy Marsh. “Industry experts have highlighted the immense market potential for green hydrogen in Europe as being a key factor for reaching European Union decarbonization targets. This presents a significant opportunity for Plug, and we have the market knowledge and technology readily available to make a substantial impact.”

Plug will leverage its extensive experience in green hydrogen industry, backed by 35 years of engineering and expertise following the acquisition of Frames in 2021. Among other, the company is currently advancing on a 100 MW PEM electrolyzer deployment with Galp, an oil and gas company in southern Europe, and commissioning multiple 5 MW electrolyzer systems for industries including glass manufacturing, aluminum recycling, and steel manufacturing processes. The company is also currently executing on 7.5 gigawatts (GW) of Basic Engineering and Design Package (BEDP) contracts.

Plug’s experience in deploying and operating PEM electrolyzer systems globally, highlighted by operating the largest system at its 15 ton per day (TPD) Georgia hydrogen production plant, underscores its ability to provide proven PEM electrolyzer technology for this project.

Moreover, Plug’s state-of-the-art Gigafactory in Rochester, N.Y., one of the largest PEM manufacturing facilities in the U.S., further demonstrates the company’s capacity to deliver on this project. Together, the Georgia plant and the Gigafactory are evidence of Plug’s successful track record with PEM electrolyzer technology.

This deal marks the beginning of a long-term partnership and is the first step in decarbonizing the customer’s operations. The project will be developed in phases, with the potential expansion of up to two GW of electrolyzer capacity.

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