Plug Power and Lhyfe to develop Green Hydrogen Plants across Europe

Nov. 1, 2021
The plants will have a combined hydrogen generation capacity of 300 MW

Hydrogen solutions firms Plug Power and Lhyfe have signed a Memorandum of Understanding to jointly develop green hydrogen plants in Europe and a 1GW production site.

The green hydrogen plants, built throughout Europe, will have a combined generation capacity of 300 MW by 2025 and use PEM electrolysis technology powered from renewable sources. Energy produced at these plants will be used for the on-road and off-road mobility solutions.

The agreement builds on Plug Power and Lhyfe’s earlier relationship, where Plug Power’s hydrogen electrolyzer technology will provide 1 MW of capacity to the world’s first offshore hydrogen production facility. Lhyfe developed the H2 site, which will be powered by electricity from a floating wind turbine and begin operations next year.

“The team at Lhyfe have bold ambitions and capabilities that align with our own vision for a decarbonized future, and ability to scale hydrogen infrastructure quickly,” Plug Power CEO Andy Marsh said in a statement. “In North America, 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.”

The two firms will also consider co-developing an offshore wind electrolyzer plant in the US.