Plug Power Inc. (NASDAQ:PLUG) signed a supply agreement with Allied Biofuels for up to 2 GW of GenEco PEM electrolyzer systems. The deal will help ABF develop sustainable aviation fuel and green diesel, with a final investment decision expected in Q4 2026. This adds to Plug Power’s existing 3 GW partnership in Australia, totaling 5 GW with Allied partners. The technology will be used at ABF’s plant in Uzbekistan for global sustainable fuel markets. Plug Power specializes in hydrogen fuel-supply solutions for various industries, such as material handling and energy producers.

Read more at Yahoo Finance: Plug Power (PLUG) Signs Supply Deal for Electrolyzer Systems with Allied Biofuels