Plug Power has signed a memorandum of understanding (MOU) with Allied Green Ammonia (AGA) to deliver up to 3 GW of Plug electrolyzer capacity for AGA’s upcoming hydrogen to ammonia facility planned for the Northern Territory of Australia. AGA’s production facility is set to run a green ammonia process with a capacity of 2500 metric tons per day.
After signing the MOU, Plug and AGA intend to finalize an agreement, as detailed in the MOU, to commence a Basic Engineering and Design Package (BEDP) for the 3 GW capacity project. The BEDP is scheduled to progress by mid-May 2024, meanwhile the final investment decision is targeted for the fourth quarter of 2025. The gradual delivery of the 3 GW electrolyzer supply is planned to commence in the first quarter of 2027.
In May 2023, Plug Power committed to construct three hydrogen electrolysers with a total capacity of 2.25 GW in Finland by 2030. The Finnish government’s goals to become carbon neutral by 2035 will benefit from this. The Kokkola South facility will have 1 GW of electrolytic capacity erected for the generation of 85 tpd of green hydrogen and 700 kilotonnes of green ammonia per year.
