Plug Power to build PEM stack, electrolyser gigafactory in Rochester, NY

Image source: @PlugPowerInc (Twitter)

January 26 (Renewables Now) - Plug Power Inc (NASDAQ:PLUG), a US developer of hydrogen fuel cell technology, will build a gigafactory to manufacture proton-exchange membrane (PEM) fuel stacks and electrolysers in the New York state’s Rochester area.

The USD-125-million (EUR 103.1m) facility, or the Plug Power Innovation Center as the company calls it, will have a capacity of over 1 GW of electrical output. The factory will produce seven million membrane electrode assemblies (MEAs)/plates, 60,000 stacks and 500 MW of electrolysers per year, and conduct research and development for MEAs and fuel cell stacks, Plug Power said.

The state of New York is supporting the company with USD 13 million in tax credits, the state’s governor, Andrew Cuomo, has announced.

Located in the town of Henrietta, the Innovation Center is expected to start manufacturing by mid-2021 and create around 375 jobs. Plug Power, a New York state native, also plans to produce green hydrogen on-site to supply local commercial fleets, it said.

(USD 1.0 = EUR 0.825)

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