Plug Power Inc. agreed with Walmart Inc. for an option to deliver up to 20 tons/day of liquid green hydrogen to power material handling lift trucks across Walmart distribution and fulfilment centres in the US.
This is one of the first green hydrogen supply contracts for Plug, validating the company’s multi-year investment in its green hydrogen network.
Plug will deliver green hydrogen to Walmart facilities using a fleet of liquid transport Plug has put into service using capabilities gained from its recent acquisition of Applied Cryo Technologies.
Walmart has worked with Plug Power to adopt and expand hydrogen fuel cells throughout its facilities for over a decade, beginning with a 50-fleet pilot in 2012 and extending to a fleet of 9,500.
Walmart is continuing to decarbonise its operations by striving to incorporate the use of green hydrogen throughout its facilities in an effort to pursue lift truck operations that are efficient, clean, quiet and most importantly, more sustainable.
Plug is targeting 70 tonnes/day of green hydrogen production by the end of 2022 and remains on track for 500 tonnes/day of production in North America by 2025 and 1,000 tonnes/day globally by 2028.
Andy Marsh, CEO of Plug, said, “Walmart has been an early adopter of innovative hydrogen and fuel cell technology for over a decade, and our hydrogen-powered solutions offer a tool to enhance productivity improvements for Walmart’s operations.”
Jeff Smith, Director at Walmart, commented, “Hydrogen is critical to helping us power a more sustainable supply chain and Plug Power’s hydrogen solutions allow us to continue making progress.”
Plug Power Inc. has also revealed a new brand, purpose, and logo reflecting its commitment to building a more secure and sustainable energy future.