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Plug Power’s GenEco Electrolyzers Power Live Customer Demos at The Green Box Innovation Hub

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Plug Power (NASDAQ: PLUG) announced the successful operation of its GenEco electrolyzer systems at The Green Box cleantech campus in the Netherlands. The site features 1 MW and 5 MW PEM electrolyzers running at full capacity for live demonstrations and technical workshops targeting European customers.

The GenEco platform, designed for industrial applications like refining, sustainable aviation fuel, and green ammonia production, has already attracted visits from major companies including Galp, Technip, Tata Steel, and Sener. The 5 MW system, primarily powered by on-site solar from over 18,000 panels, demonstrated successful hydrogen production in May 2025.

The facility leverages a 6 MW public grid connection and operates on a 10 kV network. Plug Power reports an active electrolyzer opportunity pipeline exceeding $21 billion across 2025 and 2026, supported by EU Green Deal, RePowerEU, and UK Energy Act initiatives.

Plug Power (NASDAQ: PLUG) ha annunciato il successo operativo dei suoi sistemi elettrolizzatori GenEco presso il campus cleantech The Green Box nei Paesi Bassi. Il sito ospita elettrolizzatori PEM da 1 MW e 5 MW che funzionano a piena capacità per dimostrazioni dal vivo e workshop tecnici rivolti ai clienti europei.

La piattaforma GenEco, progettata per applicazioni industriali come la raffinazione, il carburante sostenibile per l'aviazione e la produzione di ammoniaca verde, ha già attirato visite da parte di importanti aziende come Galp, Technip, Tata Steel e Sener. Il sistema da 5 MW, alimentato principalmente da energia solare onsite proveniente da oltre 18.000 pannelli, ha dimostrato una produzione di idrogeno di successo a maggio 2025.

La struttura sfrutta una connessione alla rete pubblica da 6 MW e opera su una rete a 10 kV. Plug Power segnala un portafoglio di opportunità attive per elettrolizzatori superiore a 21 miliardi di dollari per il 2025 e 2026, supportato dalle iniziative EU Green Deal, RePowerEU e UK Energy Act.

Plug Power (NASDAQ: PLUG) anunció el exitoso funcionamiento de sus sistemas electrolizadores GenEco en el campus cleantech The Green Box en los Países Bajos. El sitio cuenta con electrolizadores PEM de 1 MW y 5 MW operando a plena capacidad para demostraciones en vivo y talleres técnicos dirigidos a clientes europeos.

La plataforma GenEco, diseñada para aplicaciones industriales como refinación, combustible sostenible para aviación y producción de amoníaco verde, ya ha recibido visitas de grandes empresas como Galp, Technip, Tata Steel y Sener. El sistema de 5 MW, alimentado principalmente por energía solar in situ de más de 18,000 paneles, demostró una producción exitosa de hidrógeno en mayo de 2025.

La instalación aprovecha una conexión a la red pública de 6 MW y opera en una red de 10 kV. Plug Power reporta una cartera activa de oportunidades para electrolizadores que supera los 21 mil millones de dólares durante 2025 y 2026, respaldada por iniciativas como el EU Green Deal, RePowerEU y la Ley de Energía del Reino Unido.

Plug Power (NASDAQ: PLUG)가 네덜란드의 The Green Box 클린테크 캠퍼스에서 GenEco 전해조 시스템의 성공적인 운영을 발표했습니다. 이 사이트에는 1MW 및 5MW PEM 전해조가 유럽 고객을 대상으로 한 실시간 시연 및 기술 워크숍을 위해 최대 용량으로 가동되고 있습니다.

산업용으로 설계된 GenEco 플랫폼은 정유, 지속 가능한 항공 연료 및 그린 암모니아 생산과 같은 분야에 적용되며, Galp, Technip, Tata Steel, Sener 등 주요 기업의 방문을 이미 받았습니다. 5MW 시스템은 현장에 설치된 18,000개 이상의 태양광 패널로 주로 전력을 공급받아 2025년 5월에 성공적인 수소 생산을 시연했습니다.

이 시설은 6MW 공공 전력망 연결을 활용하며 10kV 네트워크에서 운영됩니다. Plug Power는 EU 그린 딜, RePowerEU, 영국 에너지 법안 등의 지원을 받아 2025년과 2026년에 걸쳐 210억 달러가 넘는 전해조 기회 파이프라인을 보유하고 있다고 보고했습니다.

Plug Power (NASDAQ : PLUG) a annoncé le bon fonctionnement de ses systèmes d’électrolyseurs GenEco sur le campus cleantech The Green Box aux Pays-Bas. Le site dispose de électrolyseurs PEM de 1 MW et 5 MW fonctionnant à pleine capacité pour des démonstrations en direct et des ateliers techniques destinés aux clients européens.

La plateforme GenEco, conçue pour des applications industrielles telles que le raffinage, les carburants d’aviation durables et la production d’ammoniac vert, a déjà attiré des visites de grandes entreprises telles que Galp, Technip, Tata Steel et Sener. Le système de 5 MW, principalement alimenté par l’énergie solaire sur site provenant de plus de 18 000 panneaux, a démontré une production d’hydrogène réussie en mai 2025.

L’installation utilise une connexion au réseau public de 6 MW et fonctionne sur un réseau de 10 kV. Plug Power signale un portefeuille d’opportunités actif pour les électrolyseurs dépassant 21 milliards de dollars pour 2025 et 2026, soutenu par les initiatives EU Green Deal, RePowerEU et UK Energy Act.

Plug Power (NASDAQ: PLUG) gab den erfolgreichen Betrieb seiner GenEco-Elektrolyseursysteme auf dem Cleantech-Campus The Green Box in den Niederlanden bekannt. Der Standort verfügt über 1 MW und 5 MW PEM-Elektrolyseure, die mit voller Kapazität für Live-Demonstrationen und technische Workshops für europäische Kunden betrieben werden.

Die GenEco-Plattform, die für industrielle Anwendungen wie Raffination, nachhaltigen Flugkraftstoff und grüne Ammoniakproduktion entwickelt wurde, hat bereits Besuche von großen Unternehmen wie Galp, Technip, Tata Steel und Sener erhalten. Das 5-MW-System, das hauptsächlich durch vor Ort installierte Solarenergie von über 18.000 Paneelen betrieben wird, zeigte im Mai 2025 eine erfolgreiche Wasserstoffproduktion.

Die Anlage nutzt einen 6-MW-Anschluss an das öffentliche Stromnetz und arbeitet mit einem 10-kV-Netz. Plug Power berichtet von einer aktiven Pipeline für Elektrolyseur-Projekte im Wert von über 21 Milliarden US-Dollar für 2025 und 2026, unterstützt durch Initiativen wie den EU Green Deal, RePowerEU und das UK Energy Act.

Positive
  • Successful deployment and operation of 1 MW and 5 MW PEM electrolyzers demonstrating real-world capabilities
  • Strong customer interest with visits from major industrial companies like Galp, Technip, Tata Steel, and Sener
  • Large opportunity pipeline of over $21 billion for 2025-2026
  • Strategic European presence strengthened through The Green Box facility
  • System demonstrated economic advantages by operating during negative electricity pricing periods
Negative
  • None.

Insights

Plug Power's operational electrolyzers in Europe demonstrate commercial readiness and strengthen regional expansion amid growing customer interest.

Plug Power's announcement represents a tangible operational milestone in their European expansion strategy. The company has successfully deployed both 1 MW and 5 MW PEM electrolyzer systems at The Green Box innovation hub in the Netherlands, where they're now running at full capacity. This operational showcase creates a critical customer engagement vector for Plug's technology.

The significance lies in the real-world demonstration capability now available to European industrial customers. Major companies including Galp, Technip, Tata Steel, and Sener have already visited the site, indicating serious commercial interest. These aren't merely theoretical presentations – these are working systems producing hydrogen under actual operating conditions, a crucial distinction in an industry where proven reliability matters tremendously.

The deployment's integration with on-site solar infrastructure demonstrates the system's compatibility with renewable energy sources – a key selling point for potential customers seeking decarbonization solutions. More importantly, the mention of successful operation during periods of negative electricity pricing highlights a compelling economic use case where hydrogen production becomes exceptionally cost-effective when the grid is oversupplied with renewable energy.

The announcement references an electrolyzer opportunity pipeline exceeding $21 billion across 2025-2026, supported by favorable European policy frameworks like the EU Green Deal and RePowerEU. This operational demonstration site positions Plug to convert more of this pipeline into firm orders by reducing perceived technology risk for potential customers who can now witness the systems functioning in a European context with European regulatory approval.

Live Demonstration Site in the Netherlands Already Hosting Leading Industrial Plug Customers

SLINGERLANDS, N.Y., May 20, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced that its GenEco electrolyzer systems are fully operational at The Green Box, a cleantech innovation campus in the Netherlands. The site features Plug’s 1 MW and 5 MW PEM electrolyzers, which are now running at load and actively supporting live demonstrations and technical workshops for European customers.

The GenEco platform is Plug’s high-performance, modular electrolyzer system designed for flexible deployment across industrial applications such as refining, sustainable aviation fuel (SAF), and green ammonia production.

“Establishing a live demonstration site at The Green Box is a key step in supporting our European customers,” said Andy Marsh, CEO of Plug Power. “Being able to showcase GenEco under real-world conditions reinforces confidence in our technology and supports commercial discussions already underway across the region.”

Recent visitors to the site include Galp, Technip, Tata Steel, Sener, and several regulatory representatives and notified bodies. The site’s successful hydrogen production launch in May 2025 demonstrated the 5 MW GenEco system operating at full load and on specification, primarily powered by on-site solar. Several testing periods aligned with negative electricity pricing, underscoring the economic advantages of integrating Plug’s systems with local renewable power.

Plug’s deployment was enabled by The Green Box’s advanced energy infrastructure, including a 6 MW public grid connection and an independently operated 10 kV network. With more than 18,000 solar panels, the campus meets most of its own electricity needs and functions as a smart energy hub—ideal for hosting and scaling technologies like Plug’s GenEco electrolyzers.

The Green Box strengthens Plug’s European footprint, serving as both a live customer showcase and a hub for innovation. Plug continues to advance its regional strategy with an active electrolyzer opportunity pipeline exceeding $21 billion across 2025 and 2026, supported by policy programs such as the EU Green Deal, RePowerEU, and the UK Energy Act.

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 GenEco platform’s applicability for flexible deployment across industrial applications; the Green Box cleantech innovation campus’ ability to successfully demonstrate the 5 MW GenEco system; the economic advantages of integrating Plug’s systems with local renewable power; and Plug’s ability to continue to advance its regional strategy with an active electrolyzer opportunity pipeline exceeding $21 billion across 2025 and 2026. 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, 2023, Plug’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024 and September 30, 2024 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
www.plugpower.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/97718a77-5b65-4ce3-a58e-ed52e6df0823


FAQ

What is the capacity of Plug Power's GenEco electrolyzers at The Green Box facility?

Plug Power has installed 1 MW and 5 MW PEM electrolyzers at The Green Box facility in the Netherlands.

How much is PLUG's electrolyzer opportunity pipeline worth for 2025-2026?

Plug Power reports an active electrolyzer opportunity pipeline exceeding $21 billion across 2025 and 2026.

Which major companies have visited PLUG's Green Box demonstration site?

Major visitors include Galp, Technip, Tata Steel, Sener, along with regulatory representatives and notified bodies.

What powers Plug Power's electrolyzer system at The Green Box?

The system is primarily powered by on-site solar energy from over 18,000 solar panels, with access to a 6 MW public grid connection.

What applications is PLUG's GenEco platform designed for?

The GenEco platform is designed for industrial applications including refining, sustainable aviation fuel (SAF), and green ammonia production.
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