Plug Signs Technical Evaluation Phase Contract For 25 MW Of Proton Exchange Membrane Electrolyzers With Dourogás And CapWatt For 80K Ton Per Year Methanol Project
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Plug Power Inc. has signed a contract with Dourogás and CapWatt to provide technical evaluation for 25 MW of its PEM Electrolyzers for a green methanol project in Portugal.
September 12, 2024 | 12:18 pm
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Plug Power Inc. has secured a contract to provide technical evaluation for 25 MW of its PEM Electrolyzers for a green methanol project in Portugal, potentially boosting its presence in the green hydrogen market.
The contract with Dourogás and CapWatt for technical evaluation of PEM Electrolyzers signifies a strategic partnership and potential revenue stream for Plug Power. This aligns with the company's focus on expanding its green hydrogen solutions, likely leading to positive investor sentiment and a short-term stock price increase.
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