tiprankstipranks
The Fly

Plug Power signs 3 GW BEDP contract with Allied Green Ammonia

Plug Power signs 3 GW BEDP contract with Allied Green Ammonia

Plug Power announced the signing of a Basic Engineering and Design Package, BEDP, with Allied Green Ammonia, AGA, an Australian company focused on green ammonia production, for a three-gigawatt, GW, electrolyzer plant supplying hydrogen to AGA’s planned ammonia facility proposed for the Northern Territory of Australia. Plug‘s BEDP offering is instrumental for project owners like AGA to support their Front-End Engineering Design, FEED, and incorporate Plug’s electrolyzers into the basic design of the overall plant, enabling project owners to make the final investment decision, FID. The FID for AGA’s hydrogen-to-ammonia facility, with a capacity of 2,700 metric ton-per-day, TPD, green ammonia, is planned for Q4 2025. “Moving this major green hydrogen-to-ammonia project to the BEDP phase is a sign of its maturity in the development process,” noted Plug CEO Andy Marsh. “In total, we now have 7.5 GW of BEDP contracts globally to support our growth targets.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com