Plug Power(US:PLUG) Globenewswire·2025-10-30 12:00Core Insights - Plug Power Inc. has signed a binding supply agreement with Allied Biofuels FE LLC for up to 2 gigawatts (GW) of GenEco PEM electrolyzer systems, aimed at supporting the development of sustainable aviation fuel (SAF), electro-sustainable aviation fuel (eSAF), and green diesel [1][2] - This agreement, along with a previously announced 3 GW collaboration with Allied Green Ammonia, brings the total contracted electrolyzer capacity between Plug and its partners to 5 GW [2] - The signing took place in Australia during Plug's CEO Andy Marsh's visit, highlighting the company's expanding role in large-scale renewable fuel production in Central Asia [3] Company Developments - Plug Power's technology will be utilized in ABF's flagship SAF and eSAF facility in Uzbekistan, strategically positioned to serve global sustainable fuel markets [2] - The agreement is one of the largest electrolyzer supply contracts announced in 2025, emphasizing Plug's commitment to enabling renewable fuel production [3] - Plug's CEO stated that the agreement demonstrates the company's ability to turn hydrogen commitments into operational projects at a multi-gigawatt scale [4] Industry Position - Plug Power is reinforcing its position as a leading provider of electrolyzers for renewable fuel and hydrogen-based energy transition projects, with ongoing advancements in South Korea, India, and Japan [4] - The company has deployed over 72,000 fuel cell systems and 275 fueling stations globally, making it the largest user of liquid hydrogen [6] - Plug is focused on building a fully integrated hydrogen economy, providing solutions across production, storage, delivery, and power generation [5]