You will use the German hydrogen mill technology technology

The US -based hydrogen fuel cell company PLUG Power Inc. (Nasdak:stopper) The German chemical company will be used Basf(OTCQX:PasfiPurification solutions in hydrogen liquefy plants.

What happened: PLUG POWER will use the BASF PD15 D15 stimuli as well as implement oxygen solutions and remove water in Basf.

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Cooperation will mainly focus on hydrogen liquefaction factories with capabilities of 30, 60 and 90 tons per day, according to the report.

“We are also proud of obtaining the approval of other prominent players in the green hydrogen sector,” Pasf Vice -President Pasf I Detlef Ruff He said.

“We believe that this cooperation will provide our customers with proven and reliable solutions to a party that enhances the economic feasibility of liquid hydrogen plants.” Daniel Kennedy Common in the statement.

Why do it matter: Plug Power recently announced Dion attached deal worth $ 525 million with Yorkville Counselor While the company is looking to implement the transformation plan successfully.

The company also launched Hydrogen liquefy attachment In Louisiana as part of a joint project with Olin Company. The factory is able to filter more than 15 metric tons of hydrogen on a daily basis.

PLUG POWER shared the profits of the company Q4, which offered A. Revenue of 191.5 million dollarsIt decreased much less than the estimates of analysts worth $ 263.2 million. The company also published the loss of the total margin by 122 %.

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This article Energy Partners Connect with BASF: The German hydrogen company purification technology will be used Originally Benzinga.com