Plug signs technical evaluation phase contract for 25 MW of PEM electrolyzers for methanol project in Portugal

In New York, Plug Power has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 megawatts (MW) of its Proton Exchange Membrane (PEM) Electrolyzers during the Front End Engineering Design (FEED) process for their green methanol project in Portugal.

The TEP offering provides customers with technical information and support to advance their projects through the permit and funding application phase and the plant development phase while mitigating risks and making informed Final Investment Decisions (FID). 

Following a soft launch of this new engineering study and support offering, Plug said it is pleased to have secured a first TEP contract with H2DRIVEN. H2DRIVEN expects its project to produce 80,000 tons of green methanol annually by combining synthesis gas from biomass gasification with green hydrogen generated through water electrolysis powered by solar energy. This sustainable methanol will be utilized in heavy industry and mobility applications, contributing to a cleaner energy future, Plug said.

During the TEP, Plug will provide essential support and detailed information on its PEM electrolyzer technology, guiding the client through the FEED process.

H2DRIVEN expects the project to be operational by the end of 2026.

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