Plug Power secures FEED contract with HY2GEN for 275 MW hydrogen electrolyser system at Courant project in Québec

Plug Power has been awarded a Front-End Engineering Design (FEED) contract by HY2GEN to supply a 275 MW GenEco PEM electrolyser system for the Courant project located in Baie-Comeau, Québec. The GenEco system, a core component of HY2GEN’s green hydrogen production strategy, will enable large-scale hydrogen generation using renewable electricity. This agreement marks Plug Power’s first major electrolyser supply contract in Canada, positioning the company to expand its footprint in North America’s burgeoning hydrogen market. HY2GEN, a leading developer of green hydrogen projects, will leverage the electrolyser to produce low-carbon hydrogen for industrial and mobility applications. The Courant project is expected to play a key role in Québec’s decarbonization efforts by supplying clean hydrogen to local industries and transportation sectors.

Counterparts (2)

supplier

Plug Power

company

Plug Power is a hydrogen technology company building an end-to-end green hydrogen ecosystem, including electrolyzers, liquefaction, storage, transport, and fuel cell power solutions for industrial and material handling applications. The company operates globally with a focus on decarbonizing heavy industry and logistics.

Developer

Hy2gen AG

company

Eschborn, Germany-based Hy2gen AG is a global pioneer in developing, financing, building, and operating plants for green hydrogen and its derivatives (e-fuels, green ammonia, green methanol). Founded in 2017, the company is developing projects with a total electrolysis capacity of 2.5 GW across Europe and North America.