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0.000559753708368256 -0.00139938427092085 -0.00177255340983302 -0.00643716764623557 -0.00876947476443705 -0.0157663961190409 -0.0344248530646515 -0.0344248530646515
Stock impact report

Plug Power Grabs PEM Electrolyzer Deal for Castellon Refinery in Spain [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
PLUG announced that it has clinched a deal for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems from Castellón Green Hydrogen S.L., a joint venture between bp and Iberdrola. PLUG will leverage its solid expertise in the green hydrogen industry to offer its advanced PEM electrolyzer technology for carbon reduction targets. Plug Power's electrolyzers utilize PEM stack technology in a modular design, which offers a small footprint with potential for capacity expansion. The electrolyzer's hydrogen output is capable of instant adjustment based on the electrical input, which makes it ideal for pairing with intermittent renewable resources. Per the abovementioned deal, Plug Power will supply five of its 5 MW containerized PEM electrolyzers that will help lower the carbon footprint at bp's Castellón refinery in Valencia, Spain. The electrolyzers will facilitate the production of green hydrogen, replacing part of the refinery's gray hydrogen production. This will Show less Read more
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