Plug Power Inc. and Lhyfe will partner to jointly pursue and develop green hydrogen generation plants throughout Europe. The initiative seeks to generate a total hydrogen capacity of 300 MW by 2025, and to start the development of a 1 GW production site.

The agreement builds upon the working relationship already established between the two companies earlier this year. 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.

In addition, Plug Power and Lhyfe will pursue opportunities to jointly develop green hydrogen generation plants throughout Europe, generated with 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.

Executives from Plug Power and Lhyfe gathered in Paris, France, at Hyvolution 2021, where they signed an MOU outlining their respective roles and responsibilities, and their goals for the years ahead.

"We’re thrilled to expand our work with Lhyfe, bringing the green hydrogen revolution throughout Europe,” said Andy Marsh, CEO for Plug Power. “The team at Lhyfe have bold ambitions and capabilities that align with our own vision for a decarbonized future, and ability to scale hydrogen infrastructure quickly. 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."