That is good to hear. And by the end of the year they will cover 100% of their needs ( supposedly )
I.have been wondering for a long time how much they were buying from suppliers and what % they would be able to produce.
Of course now with the new supply , the price of hydrogen will probably go below their cost of production. Why would any of Plug's former suppliers bring on more capacity knowing that Plug would stop buying from them and they would lose the largest user of hydrogen as a customer.
Plug (liquid) hydrogen production in Q1’24: - January negligible - February about 10 TPD - March more than 20 TPD
The company’s Georgia hydrogen plant, home to the largest Proton Exchange Membrane (PEM) electrolyzer system in the U.S., has been running at a stable rate of 15 tons per day (TPD) since the beginning of the month.
We've produced 11 tons of the 15 out of Georgia. Tennessee is almost back to full production at 10 -- 10, 11 tons per day. I expect by mid-second quarter, we'll be putting out all 15 tons out of Georgia.
February 06, 2024 Plug Power Starts Production of Liquid Hydrogen at its Existing Tennessee Plant February 01, 2024 Plug Power Completes First Customer Fill of Liquid Green Hydrogen at its Georgia Plant
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