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Burckhardt Compression won a contract from Joule Processing and Plug Power to deliver 12 large hydrogen refrigeration compressors for six hydrogen liquefaction plants in the USA, which will together liquefy 180 tons of hydrogen per day.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
Plug Power signed a collaboration agreement with Atlas Copco Mafi-Trench and Fives to jointly develop hydrogen liquefaction plants. The partnership aims to standardize turnkey liquefier plants for global markets.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
Plug Power signed a definitive agreement to acquire Frames Group, a Netherlands-headquartered turnkey systems integrator with about 300 employees, on November 9, 2021. The deal supports Plug's goal of 3 GW installed electrolyzer capacity by 2025.
Atlas Copco Gas and Process has received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15 TPD hydrogen liquefaction plants in Texas, due for delivery in Q2 2023.
