Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, and Lhyfe, a pioneer producer and supplier of renewable and ecological hydrogen announced a partnership to jointly pursue and develop green hydrogen generation plants throughout Europe.
The initiative seeks to generate a total hydrogen capacity of 300MW by 2025 and to start the development of a 1GW production site.
hydrogen electrolyzer technology
Plug Power’s hydrogen electrolyzer technology will provide 1MW of capacity to the world’s first offshore hydrogen production facility
The agreement builds upon the working relationship already established between the two companies earlier in 2021. In that project, Plug Power’s hydrogen electrolyzer technology will provide 1MW of capacity to the world’s first offshore hydrogen production facility, developed by Lhyfe and powered by electricity from a floating wind turbine off the coast of Le Croisic, at SEM-REV, Centrale Nantes’ offshore test site, which will be operational by 2022.
Executives from Plug Power and Lhyfe gathered in Paris, France, at Hyvolution 2021, where they signed a Memorandum of Understanding (MOU) outlining their respective roles and responsibilities, and their goals for the years ahead.
green hydrogen revolution
Andy Marsh, CEO of Plug Power said, "We’re thrilled to expand our work with Lhyfe, bringing the green hydrogen revolution throughout Europe. The team at Lhyfe has bold ambitions and capabilities that align with our vision for a decarbonized future, and ability to scale hydrogen infrastructure quickly."
He adds, "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."
hydrogen applications
Plug Power has installed several PEM technology solutions in Germany, France, The Netherlands, Italy, and Portugal
Plug Power is the largest buyer of liquid hydrogen globally and has been present in Europe for more than 10 years. The company has made significant progress in deploying hydrogen applications with key European industries, logistics customers, and vehicle manufacturers, including its joint venture with Renault called HYVIA.
Plug Power has installed several PEM technology solutions in Germany, France, The Netherlands, Italy, and Portugal, and recently announced the launch of its European headquarters in North Rhine-Westphalia, Germany.
Clean hydrogen
Matthieu Guesné, CEO and founder of Lhyfe said, "We are very proud of the confidence that a player such as Plug Power has in our determination and ability to produce clean hydrogen."
He adds, "Thanks to this partnership, we will be able to rely on Plug Power’s cutting-edge technology to deploy numerous hydrogen production sites onshore and offshore, in Europe but also in North America, which has particularly important decarbonization needs, in particular, to replace the fossil fuel products that are still extracted and consumed on a massive scale."
offshore renewable hydrogen production site
Lhyfe inaugurated the industrial production site for renewable hydrogen in direct connection with a wind farm
Lhyfe is a pioneer in the industrial production of renewable green hydrogen. In September 2021, the company inaugurated the world’s first industrial production site for renewable hydrogen in direct connection with a wind farm.
It will inaugurate the world’s first offshore renewable hydrogen production site on the SEM-REV offshore test site in 2022. Lhyfe is deploying some 60 projects in Europe for mobility and industry.
state-of-the-art PEM electrolysis technology
As part of the announcement, Plug Power and Lhyfe will pursue opportunities to jointly develop green hydrogen generation plants throughout Europe, generated with state-of-the-art PEM electrolysis technology and supplied with electrical power from renewable energy sources.
The new initiative will primarily serve on-road and off-road mobility applications. Finally, the two parties will also consider working together to co-develop a US-based offshore wind electrolyzer plant.