Energy & Water
What is happening? Entergy Texas and an affiliate of New Fortress Energy Inc. entered into an MOU for the development of renewable energy and hydrogen infrastructure to support the green hydrogen economy in SE Texas. The MOU will utilize existing transmission infrastructure & new high-side substation and transformer connections on the site of NFE’s 120 megawatt industrial-scale green hydrogen plant.
Why is this important? The facility will be able to produce more than 50 tons per day (TPD) of green hydrogen by way of industry-leading proton exchange membrane (PEM) electrolysis technology from Plug Power (NASDAQ: PLUG) & is scalable to nearly 500 megawatts.
Thank you for subscribing to our newsletter.
Great things are just around the corner!