On Tuesday, Plug Power, Inc. (NASDAQ:PLUG) confirmed that its new 15-ton-per-day hydrogen plant in St. Gabriel, Louisiana, is on track for its first-quarter operations.
The facility, a joint venture between Plug Power and Olin Corporation, uses Olin’s by-product hydrogen from chlorine production and will be a key addition to Plug’s expanding North American hydrogen network.
The project is progressing steadily with a strong focus on safety, having achieved over 412,000 safe working hours with zero recordable injuries.
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Plug Power CEO Andy Marsh highlighted the team’s success in completing high-risk tasks without incidents, thanks to rigorous safety standards.
The plant is currently undergoing a critical dry-out process to remove moisture and impurities from the piping, vessels, and mechanical systems, ensuring high-purity hydrogen production.
Once operational, the plant will boost Plug Power’s total hydrogen production capacity to 39 TPD, supporting growing demand from major partners like Amazon.com, Inc. (NASDAQ:AMZN) and Walmart Inc. (NYSE:WMT).
With operations slated to begin in the first quarter, the St. Gabriel plant will strengthen Plug Power’s position as a leader in vertically integrated hydrogen solutions, providing more sustainable and reliable energy alternatives.
Plug Power will report fourth-quarter results on Monday, March 3, 2025.
Price Action: PLUG shares are trading lower by 0.31% to $1.585 at the last check on Tuesday.
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Photo courtesy of Plug Power
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