Plug Power Inc and Lhyfe have partnered to pursue and develop green hydrogen generation plants throughout Europe.
The partnership aims to produce a total hydrogen capacity of 300 MW by 2025 and start developing a 1 GW production site.
Plug Power and Lhyfe will jointly develop green hydrogen generation plants across Europe, using PEM electrolysis technology and renewable energy sources. They will initially work to serve on-road and off-road mobility applications. Both partners will also consider working together to co-develop a US-based offshore wind electrolyser plant.
The partnership is built upon the work which they started earlier this year. Under that agreement, Plug Power’s hydrogen electrolyser technology to provide 1 MW of capacity to the world’s first offshore hydrogen production facility developed by Lhyfe. The project would be powered by electricity from a floating wind turbine off the coast of Le Croisic, at SEM-REV, Centrale Nantes’ offshore test site, which will be operational by 2022.
Andy Marsh, CEO for Plug Power, said, “We’ve already built a robust ‘hydrogen highway,’ which includes 165 hydrogen fueling stations and stationary power for businesses and institutions, a success we plan to replicate in Europe.”
Matthieu Guesné, CEO and founder of Lhyfe, added, “We will be able to rely on Plug Power’s cutting-edge technology to deploy numerous hydrogen production sites onshore and offshore, in Europe but also in North America.”