NFE enters agreement with Plug Power for 120 MW green hydrogen plant on Gulf Coast
8/9/2022
Press Release - New Fortress Energy New Fortress Energy Inc. announced today that it has entered an agreement with Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas. Expected to be one of the largest of its kind in North America, the facility will leverage Plug’s industry-leading proton exchange membrane (PEM) electrolysis technology and enable the production of more than 50 tons per day (TPD) of green hydrogen. With the development of additional supporting infrastructure, the facility will be scalable to nearly 500 megawatts. “We are pleased to enter int