On Thursday, Plug Power, Inc. (NASDAQ:PLUG) said it has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt.
The contract will provide Technical Evaluation Phase support for 25 megawatts of Proton Exchange Membrane Electrolyzers during the Front End Engineering Design process for a green methanol project in Portugal.
Leveraging the success of its Basic Engineering and Design Package for large-scale facilities, Plug has now introduced a comparable solution for projects involving multiple 5 MW PEM electrolyzer units.
The new TEP offering is designed to assist customers by providing essential technical information and support throughout the permit and funding application process, as well as during plant development.
This service aims to minimize risks and help customers make well-informed Final Investment Decisions.
Like the BEDP, the TEP offering focuses on delivering crucial insights and technical expertise to ensure successful project execution.
"This agreement underscores our leadership and expertise in PEM electrolyzer technology," said Plug CEO Andy Marsh. "With the world's largest PEM electrolyzer plant and extensive real-world experience, we are well-positioned to provide the technical support needed to advance this project."
H2DRIVEN aims to strengthen the national economy and enhance resilience by advancing research and development, fostering innovation, diversifying production systems, and decreasing dependence on external markets.
According to Benzinga Pro, PLUG stock has lost over 77% in the past year. Investors can gain exposure to the stock via Global X Hydrogen ETF (NASDAQ:HYDR).
Price Action: PLUG shares are trading lower by 1.55% to $1.91 at last check Thursday.
Plug Power, Inc.(納斯達克股票代碼:PLUG)週四表示,它已與杜羅加和CapWatt開發的項目 H2DRIVEN 簽訂了合同。
該合同將在葡萄牙綠色甲醇項目的前端工程設計過程中爲25兆瓦的質子交換膜電解槽提供技術評估階段的支持。
利用其大型設施基礎工程和設計包的成功,Plug現在爲涉及多個5 MW peM電解槽裝置的項目推出了類似的解決方案。
新的TEP產品旨在通過在許可證和資金申請過程中以及工廠開發期間提供基本的技術信息和支持,爲客戶提供幫助。
該服務旨在最大限度地降低風險並幫助客戶做出明智的最終投資決策。
與BEDP一樣,TEP產品側重於提供重要的見解和技術專業知識,以確保項目成功執行。
Plug首席執行官安迪·馬什說:「該協議凸顯了我們在peM電解槽技術方面的領導地位和專業知識。」「憑藉世界上最大的peM電解槽工廠和豐富的現實經驗,我們完全有能力提供推進該項目所需的技術支持。」
H2DRIVEN 旨在通過推進研發、促進創新、多樣化生產系統和減少對外部市場的依賴來加強國民經濟和增強抵禦能力。
根據Benzinga Pro的數據,PLUG的股票在過去一年中下跌了77%以上。投資者可以通過Global X Hydrogen ETF(納斯達克股票代碼:HYDR)獲得股票敞口。
價格走勢:週四最後一次支票時,PLUG股價下跌1.55%,至1.91美元。