Plug Power Inc, a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has entered an agreement with New Fortress Energy Inc. for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.
Expected to be one of the largest of its kind in North America, the facility will leverage Plug’s industry-leading proton exchange membrane electrolysis technology and enable the production of more than 50 tons per day of green hydrogen. With the development of additional supporting infrastructure, the facility will be scalable to nearly 500 megawatts. The facility is the first investment in green hydrogen for NFE, a global infrastructure company committed to accelerating the world’s transition to clean energy.
“Plug’s decarbonization goals and NFE’s energy transition goals are strongly aligned, and our partnership has strengthened at a pivotal time for the green hydrogen industry,” Andy Marsh, CEO of Plug, said. “We are thrilled to support NFE’s first investment in green hydrogen. This facility is a model that we intend to replicate in other locations across the country.”
The green hydrogen project site is strategically located on the banks of the Neches River in Jefferson County, Texas, affording proximity to industrial end-users as well as access to reliable power and superior logistics including rail, marine and existing pipelines that span the U.S. Gulf Coast region. The Port of Beaumont and broader Sabine-Neches Navigation District are home to an array of large-scale industrial facilities in the refining, petrochemical and other sectors that utilize hydrogen for desulfurization and feedstock processing.
“We are pleased to enter into this agreement that marks the beginning of our collaboration with Plug, a leader in electrolysis technology that shares our vision for the role of hydrogen in accelerating a clean and secure energy transition around the world,” said Wes Edens, Chairman and CEO of New Fortress Energy. “Amid an increasingly favorable U.S. policy environment for hydrogen, we are focused on scalable solutions that have a real impact on decarbonization and believe we are uniquely positioned to be an early mover in this vast and rapidly evolving market.”
Plug has been a leader in PEM electrolysis technology for nearly 50 years and was recently named the number one hydrogen electrolyzer company by Guidehouse Insights. In May 2022, Plug secured the world’s largest electrolyzer order to date with H2 Energy Europe. (August 4, 2022)
UNITED STATES - GREENH2 - Production