Worldwide energy supply

Plug Selected by New Fortress Energy for 120 MW Green Hydrogen Plant on Gulf Coast

Retrieved on: 
Thursday, August 4, 2022
Hydrogen, Private Securities Litigation Reform Act, Electrolysis, Security (finance), Goal, TPD, Worldwide energy supply, Revolution, Neches River, Communication, PEM, Electric Bond and Share Company v. Securities and Exchange Commission, Policy, Technology, Progress Energy Inc, Motor vehicle, Wes Edens, Solution, Port, GLOBE, SEC, CEO, Natural gas, Equipment, Partnership, Environment, NASDAQ, Renewable energy, NFE, LNG, Plug

LATHAM, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has entered an agreement with New Fortress Energy Inc. (NFE) (NASDAQ: NFE) for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.

Key Points: 
  • Plug To Supply PEM Electrolyzer Technology, Equipment for NFEs First Investment in Green Hydrogen Production
    LATHAM, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has entered an agreement with New Fortress Energy Inc. (NFE) (NASDAQ: NFE) for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.
  • The facility is the first investment in green hydrogen for NFE, a global infrastructure company committed to accelerating the worlds transition to clean energy.
  • Plugs decarbonization goals and NFEs energy transition goals are strongly aligned, and our partnership has strengthened at a pivotal time for the green hydrogen industry, Andy Marsh, CEO of Plug, said.
  • New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the worlds transition to reliable, affordable, and clean energy.

Growth of Landfill Gas Market to be Impacted by the Growing Demand for Energy Worldwide| Technavio

Retrieved on: 
Monday, March 9, 2020
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Landfill Gas Market Landscape 2020-2024: Geographic Landscape

Key Points: 
  • Landfill Gas Market Landscape 2020-2024: Geographic Landscape
    Landfill Gas Market Landscape 2020-2024: Technology Segmentation
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  • The global energy demand is expected to increase by 30% by 2040 as per IEA due to the increase in population and global economic growth.
  • This is propelling the need for primary sources of energy such as nuclear, hydro, coal, oil, gas, bioenergy, and renewables.
  • The rising focus on decarbonization of power supply and increasing demand for electricity are encouraging investments in electricity from all over the world.