{"id":7617,"date":"2021-04-22T14:37:50","date_gmt":"2021-04-22T14:37:50","guid":{"rendered":"https:\/\/plugpower.local\/?p=7617"},"modified":"2021-04-22T23:18:19","modified_gmt":"2021-04-22T23:18:19","slug":"earth-day-2021-going-all-in-on-green-hydrogen","status":"publish","type":"post","link":"https:\/\/www.plugpower.com\/earth-day-2021-going-all-in-on-green-hydrogen\/","title":{"rendered":"Earth Day 2021: Going All in on Green Hydrogen"},"content":{"rendered":"\n
In 2020, Plug Power solidified its global leadership position in green hydrogen solutions and built the foundation to lead the emerging $10T hydrogen economy. We are the largest user of liquid hydrogen \u2013 in fact, we do a refueling every 3 seconds! Even more so, we\u2019ve made a significant commitment to be a major player in the generation of green hydrogen with plans to achieve 500T of capacity daily in the US by 2025, 1,000T globally by 2028.<\/p>\n\n\n\n
This year\u2019s Earth Day, we pose the question \u2013 are we building out this green hydrogen network to support multiple applications; or are we building applications for material handling, on-road vehicles, data centers and beyond, to support selling green hydrogen?<\/em><\/p>\n\n\n\n Our conclusion \u2013 they are wildly mixed together! Let\u2019s explore this\u2026<\/p>\n\n\n\n Green hydrogen is produced by electrolyzers, which use electricity to split water into its constituent molecules, hydrogen and oxygen. When renewable energy powers the process, the result is 100% emissions-free hydrogen. Simply put, no other energy source is as clean, versatile or efficient as green hydrogen.<\/p>\n\n\n\n We made two significant acquisitions in 2020 to support our green hydrogen pursuits \u2013 GinerELX and United Hydrogen. GinerELX has the best PEM stack technology in the world. United Hydrogen is the first company ever to build a green hydrogen plant in the US, based in Tennessee . Between these two, we have the ability to build plants using Plug Power electrolyzers for green hydrogen production.<\/p>\n\n\n\n