Plug Power signs MOU with AGA for Australian project

Global hydrogen solutions provider Plug Power has announced the signing of a memorandum of understanding (MOU) with Allied Green Ammonia (AGA) to supply electrolyzer capacity for a proposed ammonia facility in Australia.

AGA plans to establish a 2,500 tonne per day green ammonia operation with the proposed location at Gove Peninsula seen as being strategically placed to align with Asia trading partnerships.

Following the MOU, Plug and AGA plan to enter an agreement to initiate a Basic Engineering and Design Package (BEDP) for the project.

The BEDP is expected to advance mid-May of this year, with final investment decision planned for Q4 2025, with the progressive delivery of the 3GW electrolyzer supply slated to begin in Q1 2027.

“Ammonia producers have recognized the substantial advantages of cost and carbon reduction through electrolysis-based hydrogen,” said Andy Marsh, Plug Power CEO.