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., Sept. 08, 2022 (GLOBE NEWSWIRE) — Lhyfe (EURONEXT: LHYFE), a pure player in renewable green hydrogen, has placed an order for Plug Power Inc.’s (NASDAQ: PLUG) 50MW of PEM electrolyzers for the production of renewable green hydrogen. This marks Plug’s largest multi-site electrolyzer order in Europe, highlighting the company’s commitment to expanding its presence in the EU market.
Lhyfe, a leading player in the production of renewable green hydrogen, will use Plug’s electrolyzer technology to produce hydrogen that is intended for mobility applications. Green hydrogen is gaining traction as a clean and sustainable fuel source for various sectors, including transportation. By partnering with Plug, Lhyfe is furthering its mission to provide environmentally friendly solutions for the mobility sector.
How This Will Affect Me:
As a consumer, the increased production of renewable green hydrogen using Plug’s electrolyzer technology could potentially lead to more sustainable transportation options in the future. This could mean cleaner air quality and reduced carbon emissions, benefiting both your health and the environment.
How This Will Affect the World:
The collaboration between Lhyfe and Plug to produce renewable green hydrogen has the potential to have a significant impact on the world by reducing carbon emissions and promoting a shift towards cleaner energy sources. This partnership is a step towards a more sustainable future and could inspire other companies to invest in green technologies.
Conclusion:
The partnership between Lhyfe and Plug Power Inc. marks a significant milestone in the production of renewable green hydrogen for mobility applications. This collaboration not only strengthens Plug’s presence in the EU market but also highlights the importance of investing in clean energy solutions for a more sustainable future. With the increased production of green hydrogen, we are one step closer to reducing carbon emissions and combating climate change on a global scale.
