News Focus
News Focus
icon url

WeTheMarket

04/30/23 11:11 AM

#50816 RE: Jack_Bolander #50814

JB, in my opinion, a Republican Governor promoting green hydrogen in Florida is good news for Plug Power. Furthermore, the Korean company was not named in the article, it's possible that it could be SK Group, a partner of Plug Power. Finally, the article mentions a lack of hydrogen refueling stations in Florida, which Plug Power could provide by opening access to the hydrogen refueling stations at their distribution centers. https://www.theledger.com/story/business/2023/04/28/mulberry-will-be-the-site-of-floridas-first-hydrogen-fuel-plant/70157574007/

Relevant quotes:

"As part of the memorandum signed by the governor Wednesday, the company has agreed to collaborate with “Space Florida to support the development and deployment of clean hydrogen and related technologies for aerospace and space industry launch applications,” the governor’s release said."

"There are currently zero hydrogen fueling stations for alternative fuel vehicles in Florida, according to the U.S. Department of Energy website. The most alternative energy stations are for electric vehicles at 7,286 public stations and another 794 private charging stations."