Plug Power Inc. announced that it has been awarded an order to deliver a one gigawatt (GW) electrolyzer to hydrogen company H2 Energy Europe. Planned for a green hydrogen production complex in Denmark, this is the large capacity electrolyzer installation in the world to date. Harnessing offshore wind power, Plug's electrolyzer technology will enable the production of up to 100,000 metric tonnes per year of green hydrogen for use in the energy and transportation sector in northern Europe, supplying the fuel needed for the equivalent of approximately 15,000 heavy duty vehicles per day.

Through its joint venture with Hyundai, H2 Energy will supply fleets of heavy-duty fuel cell trucks. In addition, earlier this year H2 Energy entered a joint venture with Phillips 66 to build more than 250 hydrogen refueling stations in Denmark, Germany and Austria supplied with green hydrogen from H2 Energy. Pairing Plug's leading electrolyzer technology with H2 Energy Europe's engineering capabilities and strong partnerships, this project is a major step towards reducing carbon emissions in the transportation sector for key countries in northern Europe while building energy security.

Plug's electrolyzer products destined for H2 Energy's Danish complex will be manufactured at Plug's gigafactory in Rochester, N.Y., the world's first and large fuel cell and electrolyzer manufacturing gigafactory. Deployment of the technology at H2 Energy's complex is expected in 2024, with production of green hydrogen in 2025.