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Taylor-Wharton supports Plug Power’s growth plans with equipment and leasing solutions

Source: Update:2021-02-23 00:11:15 Author: Browse:420次

Air Water subsidiary Taylor-Wharton America is providing liquid hydrogen tanks and trailers to Plug Power to support the company’s ambitious growth plans.

The company yesterday (18th Feb) announced the news as part of a newly signed strategic agreement that will see the Taylor-Wharton inrease production of its liquid hydrogen tanks.

Air Water has made leasing solutions available to Plug Power for the equipment, both of which are critical components to the hydrogen fuel cell supply chain.

 “It’s exciting to see the continued penetration of Plug Power’s GenDrive in the material handling industry as the most cost effective and productive solution that also operates with zero emissions”, states Eric Rottier, Chairman & CEO Taylor-Wharton.

“We’re proud to be able to supply critical equipment and leasing solutions to enable faster market adoption for this environmentally important technology.” 

Headquartered in New York, Plug Power provides commercially viable hydrogen and fuel cells to global leaders in the material handling space, including Walmart, Amazon, Home Depot and more. 

Thought to be the largest user of liquid hydrogen today, Plug Power has plans to build the first nationwide green hydrogen network this year.

The network is expected to produce 50 tonnes of green hydrogen by 2022 and 500 tonnes by 2025.

Commenting on its collaboration with Taylor-Wharton, Keith Schmid, Chief Operating Officer at Plug Power, said, “As the demand for clean energy in material handling applications continues to grow, it is important to have strategic alliances in place to grow a green hydrogen network within the $10 trillion+ hydrogen economy.”

“We value our relationship with Taylor-Wharton as we grow beyond material handling into supplying green hydrogen to adjacent applications.”

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