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Uniper Selected Plug to Design the 100 MW Electrolyzer Package for Netherlands Plant to Accelerate European Green Energy Adoption
- Aim is to accelerate the introduction of green energy in Europe - The H2Maasvlakte project will help achieve Uniper's decarbonization targets DÜSSELDORF,
About this update from Plug Power, Inc.
[{"type":"text","content":"- Aim is to accelerate the introduction of green energy in Europe - The H2Maasvlakte project will help achieve Uniper's decarbonization targets DÜSSELDORF, Germany and LATHAM, N.Y., March 07, 2023 (GLOBE NEWSWIRE) -- Uniper, a leading international energy company, has selected Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen solutions for the global green hydrogen economy, to design the electrolyzer technology for Uniper’s Maasvlakte site at the Port of Rotterdam. At the Maasvlakte Energy Hub, Uniper will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026, rapidly expanding that capacity to 500 MW by 2030 at the latest. The Rotterdam Harbor area, which includes the Maasvlakte, is the largest carbon emitting industrial cluster in the Netherlands. In 2021 the area emitted 23,4 Mton CO2. Decarbonizing this area alone would contribute significantly to the Dutch overall target to reach net zero by 2050. “Uniper has embarked on the journey to drastically reduce its emissions,” said Allard Castelein, CEO Port of Rotterdam. “We are very pleased with the steps Uniper is taking. As a port authority we support, stimulate and help companies in Rotterdam to reach the Paris climate treaty goals in multiple ways, including getting infrastructure like a hydrogen pipeline network in place in time. Projects like Uniper’s help reach climate goals but also contribute to a sound future for companies.” Under the agreement, Plug will deliver 10 prefabricated PEM (proton exchange membrane) electrolyzer arrays for Uniper’s flagship project, H2Maasvlakte upon Uniper’s positive FID. Uniper selected Plug’s mature stack electrolyzer technology. “The H2Maasvlakte project marks a significant milestone for Europe’s transition to more sustainable, localized energy in response to geopolitical risk and climate change,” said Andy Marsh, CEO of Plug. “Plug is fully committed to a green hydrogen future and our electrolyzer technology has a proven track record of helping customers produce green hydrogen at scale. Our partnership with Uniper validates Plug’s investment in strengthening our EU presence to bring much-needed energy security to the European market.” \"Uniper is striving for a carbon-neutral portfolio by 2035. Our flagship project H2Maasvlakte contributes significantly to this,” said Axel Wietfeld, CEO of Uniper...