Plug Power(PLUG) Newsfilter·2025-04-03 11:00Core Insights - STEF Group has launched two hydrogen projects in collaboration with Toyota Material Handling Europe and Plug Power, aimed at creating a hydrogen ecosystem for temperature-controlled logistics [1][9][11] - The projects are located in Athis-Mons, France, and Torrejón de Ardoz, Spain, focusing on using green hydrogen to power forklifts at these sites [2][3] Group 1: Hydrogen Projects Overview - The Athis-Mons project utilizes green hydrogen produced with renewable energy delivered on-site, while the Torrejón de Ardoz project generates hydrogen on-site using an electrolyzer powered by a 2.9 MWp photovoltaic rooftop plant [2][3] - A total of 115 hydrogen-powered forklifts will be deployed, with 48 in Athis-Mons and 67 in Torrejón de Ardoz [8] Group 2: Benefits of Hydrogen Technology - Hydrogen fuel cells can enhance forklift operator productivity, offering better performance in temperature ranges from -18° to +4°, and allowing for quick refueling in under 3 minutes [4][5] - The lifespan of hydrogen fuel cells is approximately 10 years, which is double that of traditional batteries, contributing to reduced environmental impact [5] Group 3: Strategic Partnerships - Toyota Material Handling Europe will supply fuel cell-ready forklifts tailored to STEF's needs, enhancing operator safety and comfort [7] - Plug Power will provide a comprehensive GenKey ecosystem, including hydrogen fuel cells, infrastructure, and ongoing service, to support STEF's operations [10][11] Group 4: Sustainability Initiatives - These projects are part of STEF's Moving Green climate initiative, which aims to utilize 100% low-carbon energy in its buildings by the end of 2025 [6]