STOCK TITAN

S&B Begins Construction of Plug’s Hydrogen Plant

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Project bolsters S&B’s energy transition expertise

HOUSTON--(BUSINESS WIRE)-- S&B Engineers and Constructors (S&B) has begun construction on Plug Power Inc.’s (NASDAQ: PLUG) Peachtree hydrogen project located in Kingsland, Georgia. The plant will utilize Plug’s proprietary electrolysis technology to produce green hydrogen, which will then be liquefied, stored, and loaded for transport. When complete, the facility will be capable of producing 15 tons of liquefied hydrogen per day.

Plug Power Inc.'s Peachtree hydrogen project located in Kingsland, Georgia. (Photo: Business Wire)

Plug Power Inc.'s Peachtree hydrogen project located in Kingsland, Georgia. (Photo: Business Wire)

S&B is providing the engineering, procurement and construction (EPC) services for the Peachtree site and previously completed engineering work for Plug’s Pathfinder hydrogen test facility co-located on the site.

“S&B is proud to work with Plug to design and build renewable energy solutions that support the growing hydrogen economy,” said Ray Sherman, President of S&B's Energy Transition, Power and Industrial business. “These projects position S&B and its client at the forefront of hydrogen solutions as our world moves toward a lower-carbon future.”

The Peachtree hydrogen project is expected to create more than 200 construction jobs.

“The Peachtree project is an important step to meeting increasing demand for green hydrogen solutions,” said Sanjay Shrestha, Plug’s General Manager, Energy Solutions & Chief Strategy Officer. “We selected S&B as our partner to develop North America’s green hydrogen supply network based on its reputation, expertise and ability to deliver. We look forward to the successful completion of this project.”

About S&B Engineers and Constructors

S&B Engineers and Constructors is one of the leading engineering, procurement, construction and fabrication firms in the United States. With more than 50 years of experience, S&B designs, builds and delivers world-scale projects, serving the oil and gas, petrochemicals, renewables, power and public sectors, with quality, integrity and safety. Connect with us on LinkedIn.

Lindsay Burke, Director of Communications and Marketing

S&B Engineers and Constructors, Ltd.

lsburke@sbec.com

518.879.2101

Source: S&B Engineers and Constructors

Plug Power Inc.

NASDAQ:PLUG

PLUG Rankings

PLUG Latest News

PLUG Stock Data

1.71B
623.32M
8.8%
46.6%
26.86%
Other Commercial and Service Industry Machinery Manufacturing
Manufacturing
Link
United States of America
LATHAM

About PLUG

the powerhouse in hydrogen fuel cell technology, plug power is revolutionizing the industry with cost-effective solutions that increase productivity, lower operating costs and reduce carbon footprints. its signature solution, genkey, provides an all-inclusive package for customers, incorporating genfuel hydrogen and fueling infrastructure, gencare aftermarket service and a market-specific fuel cell system. plug power maintains two system-product brands: relion, a modular, scalable fuel cell product for customers seeking solutions in critical stationary power applications; and gendrive, a lead-acid battery replacement used in electric lift trucks in high-throughput material handling applications. with more than 6,500 gendrive units deployed to material handling customers, accumulating more than 100 million hours of runtime, plug power manufactures tomorrow’s incumbent power solutions today, so customers can powerahead.