Plug Lands 1 GW Electrolyzer Order with H2 Energy Europe
Plug Secures World’s Largest Electrolyzer Order to Date
Green Hydrogen to Power Northern European Transportation Sector
Harnessing offshore wind power, Plug’s electrolyzer technology will enable the production of up to 100,000 metric tonnes per year of green hydrogen for use in the energy and transportation sector in northern
Pairing Plug’s leading electrolyzer technology with H2 Energy Europe’s engineering capabilities and strong partnerships, this project is a major step towards reducing carbon emissions in the transportation sector for key countries in northern
“We see green hydrogen as the future and have made significant investments in green hydrogen including in the construction of a gigafactory for electrolyzer production,” noted
Plug’s electrolyzer products destined for H2 Energy’s Danish complex will be manufactured at Plug’s gigafactory in
“Plug Power’s unique knowledge and market position within the green hydrogen ecosystem made our choice of collaboration very easy. We have the same ambitions to reduce CO2 emissions and create a world where hydrogen is the future of energy,” said
Swiss-headquartered H2 Energy Europe is a joint venture between commodity trading firm Trafigura Pte Ltd. and H2 Energy Holding AG. Through its affiliated companies, H2 Energy was the first to develop and deliver hydrogen fuel cell trucks to commercial users and create a green hydrogen fueling ecosystem in
Plug has been a leader in PEM (proton exchange membrane) electrolysis technology for nearly 50 years and was recently named the number one hydrogen electrolyzer company by Guidehouse Insights.
About Plug
Plug is building an end-to-end green hydrogen ecosystem, from production, storage and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially viable market for hydrogen fuel cell technology, the company has deployed more than 50,000 fuel cell systems and over 165 fueling stations, more than anyone else in the world, and is the largest buyer of liquid hydrogen. With plans to build and operate a green hydrogen highway across
Plug has been a leader in PEM (proton exchange membrane) electrolysis technology for nearly 50 years and was recently named the number one hydrogen electrolyzer company by Guidehouse Insights. This order with H2 Energy Europe follows a series of other sizable electrolyzer orders across the globe for Plug, including a 250 MW unit through a joint venture with Fortescue Future Industries Pty Ltd. in Australia, a 100 MW unit for Fertiglobe in
The company behind the world's first and most comprehensive green hydrogen ecosystem, Plug is making green hydrogen adoption simple for companies ready to improve both the efficiency and sustainability of their operations. For more information, visit www.plugpower.com.
About H2 Energy
H2 Energy was established in
Plug Safe Harbor Statement
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (PLUG) , including but not limited to statements about: PLUG’s plans to build and operate a green hydrogen highway across
MEDIA CONTACTS:
Plug
Allison+Partners
plugPR@allisonpr.com
H2 Energy Europe
Clifford zur Nieden
czn@h2energy.ch
Tel: +41 (79) 200 39 46
Mindshare Denmark
andreas.hedensten@mindshareworld.com
+45 (28) 92 64 94
Image: https://ml.globenewswire.com/media/ZDBjYzIzMGYtZTg2MS00N2ZmLWFlMmEtZGYxOGRmNjQ3ODlmLTEwMjc5MDY=/tiny/Plug-Power-Inc-.png
Image: Primary Logo
Source: Plug Power, Inc. (PLUG)