John MaxMay 25, 2023
The American-based hydrogen company will deliver 5MW containerized electrolyzer modules.
What makes the three deals that Plug Power Inc. (NASDAQ: PLUG) has landed particularly unique is that the 5MW containerized elecotroyzer modules the company will supply are for green hydrogen projects in hard to decarbonize industries.
Plug has deals with Ardagh Glass Limmared AB, APEX Group, and Hydro Havrand.
Plug’s electorlyzers are for the first-ever use of industrial-scale green hydrogen in glass manufacturing, steel manufacturing and aluminum recycling processes.
Sweden-based Ardagh Glass Limmared AB, a glass packing producer, will produce 2.1 metric tons per day (TPD) of green H2 by the end of 2023. This will replace a portion of the natural gas the plant uses and lower its overall carbon emissions. To generate clean hydrogen from Plug’s electrolyzer, Ardagh will use hydroelectric power.
APEX Group, an integrator with expertise in strong project execution in steel manufacturing, will demonstrate the feasibility of generating green steel. Two electrolyzer modules from Plug with a capacity to produce 4.2 metric TPD of green H2 will be delivered to SWB, Berman, Germany’s public utility company, by the end of 2023.
Hydro Havrand, a business unit of aluminum powerhouse Norsk Hydrogen ASA, will build a closed-loop circular economy for its aluminum recycling plant in Hoyanger, Norway. Plug’s elecgtrolyzer moduel will be employed by Hydro by June 2024, and will displace natural gas use in the plant’s burner with 2.1 metric TPD of green hydrogen.