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Plug Power and United Hydrogen Sign Supply Agreement  

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New York-based Plug Power has announced a supply agreement with United Hydrogen. The alliance was recently formalized with the signing of a three-year reserved product supply agreement between the two companies and will allow Plug Power to maintain competitive pricing for its current customer base, while also provisioning for future growth.
Plug Power and United Hydrogen Sign Supply Agreement  
Courtesy of United Hydrogen

Under the agreement, United Hydrogen will supplement Plug Power’s hydrogen delivery operation with a dedicated supply of liquid hydrogen—facilitating a diversified supply chain.

United Hydrogen currently provides liquid hydrogen to industrial customers throughout the U.S. and supplies fuel to the developing fuel cell electric vehicle market in California. United Hydrogen also delivers gaseous hydrogen to customers throughout the Southeast and Midwest U.S., in addition to its liquid hydrogen business.

“Hydrogen is, and should be, a competitive market,” said Andy Marsh, CEO, Plug Power, “and it’s crucial that we continually take steps to strengthen our supply chain and identify new, exciting partners in our efforts to grow global hydrogen and fuel cell markets. United Hydrogen is one of many such partners that show us what these relationships should look like.”

 “We are very proud to be joining forces with an organization like Plug Power,” said Brent Koski, COO, United Hydrogen. “Our mission has always been to achieve broad participation in the hydrogen economy through affordable, reliable production and distribution of hydrogen. I believe Plug Power shares that mission, and that they have already played a crucial role in helping to establish a competitive and commercially-viable hydrogen market that is poised for explosive growth in the years ahead.”

Plug Power has also signed an agreement with France’s Engie, to facilitate the adoption of hydrogen and fuel cell systems.

As a part of the agreement, the companies are partnering to identify mutually beneficial markets and customers, packaging Plug Power’s fuel cell technology with Engie’s hydrogen infrastructure, renewable energy and service programs to deliver cost effective hydrogen energy solutions.

According to a press release from Plug Power, “This partnership allows global customers to easily implement hydrogen technology into their operations, seamlessly purchasing hydrogen fuel cells and accessing clean energy.”

By combining Plug Power’s hydrogen fuel cell systems and Engie’s experience in deploying renewable hydrogen solutions, this agreement is expected to facilitate adoption of hydrogen as an efficient, productivity-enhancing clean energy source throughout customers’ logistic chains, especially within distribution centers, ports and airports.

 

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