Plug Power to Establish 3 Green Hydrogen Production Plants in Finland
Plug Power Inc, a prominent provider of comprehensive hydrogen solutions for the global green hydrogen economy, has unveiled an ambitious plan to
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Plug Power Inc, a prominent provider of comprehensive hydrogen solutions for the global green hydrogen economy, has unveiled an ambitious plan to
Nasdaq listed company Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tons per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyzer capacity, by the end of the decade with final investment decision by 2025/2026.
US company Plug Power announced a billion-euro investment to develop hydrogen production plants in Finland as energy strategy and climate targets were being questioned by the Finns Party in government negotiations.
To be located in Kokkola, Kristiinankaupunki and Porvoo, the plants have a daily green hydrogen production capacity of 850 tons, according to a tentative plan unveiled on Tuesday by Plug Power.
If the plans go ahead, three hydrogen production plants would be built in Kokkola, Kristinestad and Porvoo, leading to the creation of around 1,000 direct jobs and over 3,000 indirect jobs.