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NFE and Plug Power sign agreement for 120 MW Gulf Coast hydrogen plant

Arnes BiogradlijaBy Arnes Biogradlija05/08/20222 Mins Read
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Near Beaumont, Texas, New Fortress Energy and Plug Power have reached an agreement for a 120 megawatt industrial-scale green hydrogen facility.

The facility will utilize Plug’s industry-leading proton exchange membrane (PEM) electrolysis technology to produce more than 50 tons per day (TPD) of green hydrogen, making it one of the largest of its kind in North America. The project will be scalable to nearly 500 megawatts with the establishment of additional supporting infrastructure.

“We are pleased to enter into this agreement that marks the beginning of our collaboration with Plug, a leader in electrolysis technology that shares our vision for the role of hydrogen in accelerating a clean and secure energy transition around the world,” said Wes Edens, Chairman and CEO of New Fortress Energy. “Amid an increasingly favorable U.S. policy environment for hydrogen, we are focused on scalable solutions that have a real impact on decarbonization and believe we are uniquely positioned to be an early mover in this vast and rapidly evolving market.”

The site of the green hydrogen project is strategically located on the banks of the Neches River in Jefferson County, Texas, providing proximity to industrial end-users as well as access to reliable power and superior logistics, including rail, marine, and existing pipelines spanning the U.S. Gulf Coast region. The Port of Beaumont and Sabine-Neches Navigation District are home to numerous large-scale industrial facilities in the refining, petrochemical, and other sectors that use hydrogen for desulfurization and feedstock processing.

“Plug’s decarbonization goals and NFE’s energy transition goals are strongly aligned, and our partnership has strengthened at a pivotal time for the green hydrogen industry,” Andy Marsh, CEO of Plug, said. “We are thrilled to support NFE’s first investment in green hydrogen. This facility is a model that we intend to replicate in other locations across the country.”

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