Plug Power has secured a contract with H2DRIVEN, a green methanol project in Portugal being developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 MW of its Proton Exchange Membrane (PEM) electrolyzers.
The project is expected to produce 80,000 tons of green methanol annually by combining synthesis gas from biomass gasification with green hydrogen generated through water electrolysis powered by solar energy. The methanol produced will be utilized in heavy industry and mobility applications, according to the developers.
The TEP offering from Plug Power will focus on delivering critical insights and technical expertise to support H2DRIVEN developers with their successful project execution. The company also recently introduced a program to support the development of projects using multiple 5 MW PEM electrolyzer units.
After the successful execution of the TEP, the H2DRIVEN project will proceed to the next phase of the project, with operations expected by the end of 2026.
"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", he added.
The Front End Engineering Design (FEED) process for the project will be led by collaborating closely with Plug to leverage its expertise in PEM technology.
Plug Power is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet decarbonization targets. The company has deployed more than 69,000 fuel cell systems and over 250 fueling stations so far.
Plug is said to be quite successful with its Basic Engineering and Design Package (BEDP) for larger-scale hydrogen plants in global markets.
Plug Power bags $1.66 bn loan from US DoE for up to six green hydrogen projects -