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18 min ago 2 min read
US-based Plug Power has installed a 5MW electrolyser at European Energy’s hybrid wind and battery Power-to-X (PtX) facility in Måde, Denmark.
Successful commissioning and site acceptance of the GenEco PEM unit adds to 8.1MW of electrolysers at the site, to give the facility an operational annual capacity of 550 tonnes of green hydrogen.
It shortly follows European Energy for real-time balancing on operations across the site’s 16MW of wind energy and 5MW of battery storage.
One of a few Plug deployments and contract awards since a rocky stretch entailing political turbulence, , and $1.7bn in net losses, the commissioning comes as part of the firm’s efforts to build to a profitable 2027.
It recently raised close to $40m through associated with a hydrogen liquefication plant in Louisiana, US, having selling those from its Georgia hydrogen plant in early 2025.
In that year’s full-year financials, it narrowed its cash burn and delivered a positive margin in the fourth quarter, signalling early operational progress, while remaining under pressure.
When CEO Jose Luis Crespo was , he outlined a focus on sales growth and securing a positive EBITDA by Q4 this year.
In April, Hy2gen Canada to supply a 275MW electrolyser system for a green hydrogen-based ammonium nitrate plant in Baie-Comeau, Northern Quebec.
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