BTS Transportation Consumer Price Index rose 1.6% in 2024
Pony AI first company in China approved for autonomous truck platooning tests

Plug to supply 3GW electrolyzer capacity to Allied Green Ammonia

Plug Power announced a landmark purchase agreement with Allied Green Ammonia (AGA). This agreement will see Plug supplying an impressive three gigawatts (GW) of electrolyzer capacity to AGA’s green hydrogen-to-ammonia plant, currently under development in Australia.

AGA will install a 4.5 GW solar plant to power the Plug electrolyzers with zero emission clean electricity. The green hydrogen produced will be used to make green ammonia.

With the agreement now signed and sealed, Plug will develop a Basic Engineering and Design Package (BEDP), providing crucial technical details and engineering specifications to attract investors and finalize financing.

Upon a positive Final Investment Decision (FID) expected by Q2 2025, Plug will kick off the manufacturing and delivery of Proton Exchange Membrane (PEM) electrolyzers starting in Q1 2027.

AGA’s ambitious mega project, one of the largest green ammonia production facilities in the world, is set to produce approximately 2,700 metric tons per day (TPD) of green ammonia. This venture is driven by a growing demand from AGA’s customers in Asia and Europe for ammonia used in a range of sectors, including agriculture, energy storage, transport, and industrial applications.

Comments

The comments to this entry are closed.