ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Record Using Plug Electrolyzer Technology

WOODBINE, Ga., May 29, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, announced today that its hydrogen plant in Woodbine, Georgia produced 300 metric tons of liquid hydrogen in April 2025—the facility’s highest monthly output to date and a new benchmark for the U.S. hydrogen industry.

The plant, which opened in January 2024, is the largest electrolytic liquid hydrogen production facility in the United States and uses Plug’s proprietary GenEco proton exchange membrane (PEM) electrolyzer technology. Designed for a nameplate capacity of 15 tons per day, the site continues to demonstrate the scalability, reliability, and cost-competitiveness of Plug’s vertically integrated approach.

“Plug’s Georgia plant is doing exactly what it was built to do—delivering real hydrogen at real scale using Plug technology,” said Andy Marsh, CEO of Plug Power. “This isn’t a pilot or a promise. It’s commercial hydrogen production, with proven technology running 24/7 and making an impact today.”

The Georgia facility is a cornerstone of Plug’s growing hydrogen generation network, which includes operational plants in Georgia, Tennessee, and Louisiana. Together, these sites represent a combined production capacity of 40 tons per day, making Plug the largest producer of liquid hydrogen in the United States.

“The performance in Georgia reinforces strong market demand for Plug’s GenEco electrolyzers,” said Jose Luis Crespo, Chief Revenue Officer at Plug Power. “Producing and delivering hydrogen with our own technology strengthens customer value, improves margins, and supports long-term commercial growth.”

Hydrogen produced at the Georgia plant supplies Plug’s key customers in logistics and distribution—including Walmart, Amazon, and Home Depot—helping them decarbonize operations while ensuring a stable, domestically produced fuel supply.

Learn more about Plug’s GenEco electrolyzer at work in our latest blog “GenEco - the electrolyzer that’s doing real things”.

About Plug Power
Plug is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications, and energy producers—advancing energy independence and decarbonization at scale.

With electrolyzers deployed across five continents, Plug leads in hydrogen production, delivering large-scale projects that redefine industrial power. The company has deployed over 72,000 fuel cell systems and 275 fueling stations and is the largest user of liquid hydrogen. Plug is rapidly expanding its generation network to ensure reliable, domestically produced supply, with hydrogen plants currently operational in Georgia, Tennessee, and Louisiana, producing 40 tons per day.

With employees and state-of-the-art manufacturing facilities across the globe, Plug powers global leaders like Walmart, Amazon, Home Depot, BMW, and BP.

Safe Harbor
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (“Plug”), including but not limited to statements about: the continued status of Plug’s hydrogen plant in Woodbine, Georgia as largest electrolytic liquid hydrogen production facility in the United States or of Plug as the largest producer of liquid hydrogen in the United States; the ability for the Georgia plant to continue to meet or exceed this new 300 metric tons for the U.S. hydrogen industry benchmark, to demonstrate the scalability, reliability, and cost-competitiveness of Plug’s vertically integrated approach, or to produce significant enough volumes of commercial hydrogen to make a tangible impact on the hydrogen industry or Plug’s future financial status; the ability for Plug’s hydrogen generation network to continue to grow and to produce at nameplate capacity; whether or not the performance of the Georgia plant will reinforce market demand for Plug’s GenEco electrolyzers; the ability for Plug’s production of hydrogen with Plug’s technology to strengthen customer value, improve margins, and support long-term commercial growth; that ability for Plug’s hydrogen production to aide key customers in logistics and distribution and decarboning operations; and Plug’s ability to provide a stable, domestically produced fuel supply continuously for its customers. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Plug in general, see Plug’s public filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of Plug’s Annual Report on Form 10-K for the year ended December 31, 2024 and Plug’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and Plug undertakes no obligation to update such statements as a result of new information.

MEDIA CONTACT
Fatimah Nouilati – Allison
plugPR@allisonpr.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.