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Stock impact report

Plug Signs MOU with Allied Green Ammonia for 3GW of Electrolyzer Supply at World-Class Green Ammonia Production Facility [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
hydrogen economy, announced the signing of a memorandum of understanding (MOU) with Allied Green Ammonia (AGA), an Australian Company focused on green ammonia production, to supply up to 3 gigawatts (GW) of Plug electrolyzer capacity for AGA's upcoming hydrogen to ammonia facility proposed for the Northern Territory of Australia. Following the MOU, Plug and AGA plan to enter an agreement, as outlined in the MOU, to initiate a Basic Engineering and Design Package (BEDP) for the 3GW capacity project. The BEDP is expected to advance mid-May of this year, with final investment decision (FID) planned for Q4 2025 and the progressive delivery of the 3GW electrolyzer supply slated to begin in Q1, 2027. “Ammonia producers have recognized the substantial advantages of cost and carbon reduction through electrolysis-based hydrogen,” said Plug CEO Andy Marsh. “We're thrilled to sign this MOU and partner with AGA. Our expertise in constructing and operating large-scale hydrogen production facil Show less Read more
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