Plug Power
Winner Foreign Investor of the Year 2023
Plug Power is building one of the largest green hydrogen plants in Europe in the Port of Antwerp-Bruges. Using its PEM electrolyzer, the 100MW plant expects to produce 12,500 tons per year of liquid and gaseous green hydrogen for the European market.
For this American green hydrogen company, it is its first European production plant, located on the port’s NextGen site – a hotspot for the circular economy. Green hydrogen will be transported by tank trucks and trailers, in addition to the hydrogen pipelines expected operational in 2026, developed by Fluxys.
Plug’s investment project will accelerate the energy transition, help decarbonize the economy, and create meaningful jobs. 60% of Europe’s purchasing power is located within 300 miles of the facility, creating important strategic hydrogen connections in Europe for Flanders.
ID Plug Power
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Type of investment: greenfield project
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Investment location: Antwerp
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Investment amount: € 350 - 400 million
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Job creation in Flanders: 50 jobs
- www.plugpower.com
Picture: Lead Counsel for Europe Emmanuelle Justum and Concept Development Director Suerd Polderdijk, Plug Power