Plug Power Lands Major Electrolyser Contract in Australia

• Plug Power powers up a $6.5 billion green ammonia project in Australia, delivering 3 GW electrolyser capacity to harness solar energy for a sustainable future.

Plug Power Inc has finalized a contract to supply 3 GW of electrolyser capacity for Allied Green Ammonia's (AGA) large-scale green hydrogen and ammonia project in Australia's Northern Territory. This initiative aims to create one of the world's largest green ammonia facilities, utilizing 4.5 GW of solar energy to produce approximately 2,700 metric tonnes per day of green ammonia. The project is expected to make a final investment decision (FID) by the second quarter of 2025.

Plug Power will also develop the basic engineering and design package (BEDP) to attract investors and secure financing. Production and delivery of its proton exchange membrane (PEM) electrolysers are projected to begin in the first quarter of 2027. Collaborators on this $6.5 billion project include AFRY AB, serving as the owner’s engineer, and Nacap, responsible for constructing the hydrogen pipeline.

What are the key details of Plug Power's contract with Allied Green Ammonia?

Here are the key details of Plug Power’s contract with Allied Green Ammonia (AGA):

• Electrolyser Capacity Supply: Plug Power will supply 3 gigawatts (GW) of electrolyser capacity specifically designed for the AGA green hydrogen and ammonia project.
• Project Location: The large-scale facility will be located in Australia’s Northern Territory, leveraging local renewable resources.
• Energy Utilization: The project aims to harness 4.5 GW of solar energy, positioning it as a significant contributor to the renewable energy sector.
• Production Output: The facility is designed to produce approximately 2,700 metric tonnes of green ammonia per day, potentially transforming the green energy landscape.
• Final Investment Decision (FID): AGA plans to make a final investment decision for the project by the second quarter of 2025, indicating a critical step towards project development.
• Basic Engineering Design: Plug Power is tasked with developing the Basic Engineering and Design Package (BEDP), which is essential for attracting investors and securing necessary financing for the project.
• Proton Exchange Membrane (PEM) Electrolysers: The production and delivery of Plug Power’s PEM electrolysers are expected to commence in the first quarter of 2027, marking a key timeline in the project’s development.
• Project Investment: The overall investment for the project is projected to be around $6.5 billion, highlighting its scale and significance in the renewable energy sector.
• Collaborative Partnerships: The project includes partnerships with several key collaborators. AFRY AB will serve as the owner’s engineer, while Nacap will take on the responsibility of constructing the hydrogen pipeline.
• Environmental Impact: The initiative directly supports global decarbonization efforts, as green ammonia can be a sustainable alternative for hydrogen storage and transportation without contributing to greenhouse gas emissions.
• Market Implications: With this contract, Plug Power reinforces its position in the growing green hydrogen market, exemplifying the shift towards renewable energy solutions in industrial applications.