Plug Power (PLUG) Clinches PEM Electrolyzer Deal in Europe
PLUGPlug Power(PLUG) ZACKS·2024-06-24 23:30

Plug Power, Inc. (PLUG) recently clinched a deal for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems from a customer in Europe. PLUG will leverage its solid expertise in the green hydrogen industry to offer its advanced PEM electrolyzer technology for carbon reduction targets. Plug Power’s electrolyzers utilize PEM stack technology in a modular design, which offers a small footprint with potential for capacity expansion. The electrolyzer’s hydrogen output is capable of adjusting ins ...