{"id":6833,"date":"2020-07-23T10:00:44","date_gmt":"2020-07-23T10:00:44","guid":{"rendered":"https:\/\/plugpower.local\/?p=6833"},"modified":"2023-08-21T12:25:05","modified_gmt":"2023-08-21T16:25:05","slug":"powerspot-giner-elx","status":"publish","type":"post","link":"https:\/\/www.plugpower.com\/blog\/powerspot-giner-elx\/","title":{"rendered":"PowerSpot: Giner ELX"},"content":{"rendered":"\n
In 2020, Plug acquired Giner ELX<\/a>, one of the most experienced teams in the world in Proton Exchange Membrane (PEM) electrolysis. So experienced that most of the team has worked for two decades or more in the field. The company\u2019s offerings included the world\u2019s largest, most efficient and cost-effective PEM hydrogen generators; grid-level renewable energy storage solutions, and on-site hydrogen generation systems for fuel cell vehicle refueling stations. The Giner ELX acquisition was in line with the Company\u2019s vertical integration strategy in the hydrogen business laid out in September of 2019<\/a> with plans to have more than 50% of the delivered hydrogen be green hydrogen by 2024. This activity dramatically increased Plug\u2019s overall green hydrogen supply capabilities and grew Plug’s servable addressable market, facilitating the Company\u2019s ambitious green hydrogen goals to transition from low-carbon to zero-carbon hydrogen solutions.<\/p>\n\n\n\n Read more about Plug’s electrolyzer products<\/a>.<\/p>\n\n\n\n