Brookfield Renewable to Supply Plug Power's First Green Hydrogen Plant With Renewable Energy

Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) has agreed to supply Plug Power (NASDAQ: PLUG) with 100% of the renewable energy needed to energize its green hydrogen plant. The facility will be one of the first industrial-scale projects in North America.

The power supply deal with Brookfield Renewable will enable Plug Power to produce 10 tons of liquid hydrogen per day from emissions-free renewable energy. Brookfield will sell the power from its existing portfolio of renewable energy assets in North America. The agreement helps advance Plug Power's goal of producing more than 50% of its hydrogen from renewable sources by 2024.

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Source Fool.com