Plug Power’s ambitious growth plans are being supported with liquid hydrogen tanks and trailers supplied by cryogenic storage and transportation equipment specialist Taylor-Wharton America.
The company yesterday (16th Feb) announced the news as part of a newly signed strategic agreement that will see the Air Water subsidiary offer new equipment leasing solutions to Plug Power.
Taylor-Wharton America is increasing its liquid hydrogen tank production as part of the commitment.
“It’s exciting to see the continued penetration of Plug Power’s GenDrive in the material handling industry as the most cost effective and productive solution that also operates with zero emissions”, states Eric Rottier, Chairman and CEO Taylor-Wharton.
“We’re proud to be able to supply critical equipment and leasing solutions to enable faster market adoption for this environmentally important technology.”
Thought to be the largest user of liquid hydrogen today, Plug Power has plans to build the first nationwide green hydrogen network this year. The network is expected to produce 50 tonnes of green hydrogen by 2022 and 500 tonnes by 2025.
Commenting on its collaboration with Taylor-Wharton, Keith Schmid, Chief Operating Officer at Plug Power, said, “As the demand for clean energy in material handling applications continues to grow, it is important to have strategic alliances in place to grow a green hydrogen network within the $10 trillion+ hydrogen economy.”
“We value our relationship with Taylor-Wharton as we grow beyond material handling into supplying green hydrogen to adjacent applications.”
In the upcoming March edition, H2 View speaks to Andy Marsh, CEO of Plug Power to discuss the company’s history, evolution in the fuel cell market and plans for the future.