Sale Marks Plug’s Largest Multi-Site Electrolyzer Order in Europe, Strengthening the Company’s EU Presence
The Renewable Green Hydrogen Produced by Lhyfe Using Plug’s Systems is Intended for Mobility Applications
NANTES (France) and LATHAM, N.Y. (USA), September 8, 2022 — Lhyfe (EURONEXT: LHYFE), a pure player in renewable green hydrogen, has placed an order for ten 5 megawatt (MW) European manufactured PEM (proton exchange membrane) electrolyzer systems with Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, for production of green hydrogen across multiple plants in Europe.
This is the largest electrolyzer order placed by a French company.
With these electrolyzers of a total capacity of 50 MW (equivalent to up to 20 tons per day), Lhyfe aims to produce a renewable green hydrogen using primarily wind and…