Hydrogen solutions provider Plug Power will supply natural gas firm TC Energy Corporation with three 30-tonnes-per-day hydrogen liquefaction systems to decarbonise its operations across Canada and the US.
Under the new deal, Plug Power is expected to deliver two of the three liquefiers in Q2 or Q3 2024. These will be deployed in TC Energy sites in North America. Each of the supplied system will utilise a hydrogen refrigeration cycle to help with cost, distribution, and overall energy efficiency.
Andy Marsh, CEO of Plug Power, said the deal validates its investment in Plug Power’s liquefiers and focused on optimising both capital and operation efficiency for its customers immersed in the hydrogen market.
Through the acquisition of Joule Processing LLC in 2022, Plug gained core competency in liquefaction systems known for its operational efficiency, flexibility, and reliability.
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