Plug Power creates hydrogen partnerships with Airbus, Phillips 66

Plug Power’s fuel cells in use in airport ground support equipment in Germany. Source: Plug Power Inc.

October 13 (Renewables Now) - Plug Power Inc (NASDAQ:PLUG) today announced a couple of hydrogen-focused partnerships with European commercial aircraft maker Airbus (EPA:AIR) and Houston-based diversified energy manufacturing and logistics company Phillips 66 (NYSE:PSX).

The US turnkey hydrogen solutions provider has joined forces with Airbus to study the feasibility of bringing green hydrogen to future aircraft and airports around the world. Plug Power said it will establish deployment scenarios for green hydrogen infrastructure at airports, while the European aerospace corporation will provide insight on hydrogen aircraft characteristics.

The two will also choose an airport in the US to become the first “Hydrogen Hub” pilot airport in North America and serve as a case study for hydrogen infrastructure scale-up at other sites.

Airbus has set the ambitious goal of bringing zero-emission aircraft to market by 2035.

“Not only do we envision a future where aircraft everywhere are powered by green hydrogen, but the airports that serve them as well, including ground support equipment, forklifts, and vehicles that shuttle consumers around airports, and to gates,” said Andy Marsh, CEO for Plug Power.

Meanwhile, Plug Power and Phillips 66 have agreed to collaborate on the development of low-carbon hydrogen business opportunities. More specifically, they will seek ways to deploy Plug Power’s technology within Phillips 66’s operations, which include 13 wholly-owned and joint venture refineries in both the US and Europe.

The newly-signed memorandum of understanding envisages collaboration on three key goals, including: integrating and scaling low-carbon hydrogen in the industrial sector; advancing hydrogen fuelling opportunities for the mobility sector; and developing hydrogen-related infrastructure to support the build-out of the hydrogen value chain.

More stories to explore
Share this story
Newsletter
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\