Certarus (USA) Ltd. (“Certarus” or the “Corporation”), North America’s leading transporter of compressed natural gas and Plug Power Inc., a leading provider of turnkey solutions for the global green hydrogen economy, have entered into a long-term supply and logistics agreement to further scale and expand the infrastructure needed to accelerate the adoption of green hydrogen fuel. The companies will leverage their collective expertise in hydrogen production, mobile energy distribution and related technologies to enhance the North American supply chain – helping to make hydrogen fuel an affordable and convenient option for companies looking to reduce carbon emissions and achieve ESG goals across multiple industry sectors.
Plug Power will provide Certarus with up to 10 tons of green hydrogen per day from its North American hydrogen production network with initial deliveries expected in Q1 2022. Certarus’ integrated logistics platform and industry-leading fleet of compressed gas delivery trailers will safely move hydrogen directly from production locations to Plug Power’s and Certarus’ end users. These end users include leading mining, power generation, natural gas mid-stream and industrial energy users. The companies will also partner on the supply of equipment from Plug Power to cost effectively serve these customers’ needs.
“We are building out a green hydrogen ecosystem, with the goal to deliver 500 tons per day of green hydrogen by 2025 and 1,000 tons per day by 2028,” said Andy Marsh, CEO of Plug Power. “The partnership with Certarus is a meaningful step in building out the green hydrogen ecosystem to serve large energy sectors and in providing Plug Power the ability to flex and scale our overall delivery capabilities.”
“We are thrilled to be working with Plug Power to help scale the logistics supply chain needed for the broad adoption of green hydrogen. Certarus’ safety record, logistics network and expertise will help service Plug Power as it continues to grow. Certarus’ access to Plug Power’s green hydrogen production will allow us to sell cost-effective green hydrogen to our own unique customers,” said Curtis Philippon, President and CEO of Certarus.