This order reinforces our strong booking momentum in the electrolyzer business and puts Plug Power well on its path to achieving its 2022 electrolyzer sales planLATHAM, N.Y., Nov. 24, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen market, today announces it has been selected by Fertiglobe (ADX: FERTIGLB) the strategic partnership between OCI NV (Euronext: OCI) and the Abu Dhabi National Oil Company (ADNOC) and Scatec ASA (OSE: SCATC), the Sovereign Fund of Egypt and Orascom Construction (NASDAQ Dubai: OC; EGX: ORAS), as the technology provider for a 100 megawatts electrolyzer to produce green hydrogen as feedstock for up to 90,000 tons of green ammonia production at EBIC in Ain Sokhna, Egypt.
Egypt is an ideal location to produce green hydrogen given its unique renewables profile with strong solar…