- Plug Power and Olin's joint venture, Hidrogenii, has commissioned a new hydrogen liquefaction plant in Louisiana.
- The facility boosts Plug's total hydrogen production capacity to 40 tons per day (TPD).
- The plant plays a pivotal role in strengthening regional hydrogen supply chains and supporting U.S. low-carbon energy transition.
Hidrogenii, a joint venture between Plug Power Inc. (PLUG, Financial) and Olin Corporation, has successfully commissioned a 15 metric-ton-per-day (TPD) hydrogen liquefaction plant in St. Gabriel, Louisiana. This facility is one of the largest electrolytic hydrogen liquefaction plants in North America, marking a significant milestone in Plug Power's strategy to expand its hydrogen network.
The new plant will process hydrogen produced by Olin for trailer shipments across the United States, serving Plug's material handling customers through its spot pricing market. With this addition, Plug Power's total hydrogen production capacity has increased to 40 TPD, complementing its existing facilities in Woodbine, Georgia (15 TPD), and Charleston, Tennessee (10 TPD).
Andy Marsh, CEO of Plug Power, highlighted that the Louisiana facility strengthens the company’s financial position by providing a reliable and cost-effective hydrogen source, reducing reliance on third-party suppliers. Ken Lane, President and CEO of Olin, emphasized the strategic alignment of this venture with Olin's approach of building high-value adjacencies that fit within their capital framework.
Established in 2022, the Hidrogenii joint venture aims to fortify the regional hydrogen supply chain and aid the U.S. transition to low-carbon energy. By leveraging existing infrastructure and hydrogen innovation, Hidrogenii is contributing to the foundation of the American hydrogen economy.
