Plug Power has secured a supply order for its PEM (proton exchange membrane) electrolyzer systems from Lyfe for the production of green hydrogen across multiple plants in Europe.
Lyfe procures ten 5-MW European manufactured PEM electrolyzers with a total capacity of 50 MW with the aim to generate renewable green hydrogen using primarily wind and solar power for various mobility applications in Europe. Lhyfe and Plug will jointly develop 300 MW of renewable green hydrogen plants across Europe by 2025 after it has entered into a strategic partnership in October 2021.
Lhyfe will be developing each hydrogen plant. It will also operate each site and manage renewable energy as well as renewable green hydrogen commercialization and delivery.