Hydrogen solutions provider Plug Power will supply natural gas firm TC Energy Corporation with three 30-tonnes-per-day hydrogen liquefaction systems to decarbonise its operations across Canada and the US.
Under the new deal, Plug Power is expected to deliver two of the three liquefiers in Q2 or Q3 2024. These will be deployed in TC Energy sites in North America. Each of the supplied system will utilise a hydrogen refrigeration cycle to help with cost, distribution, and overall energy efficiency.
Andy Marsh, CEO of Plug Power, said the deal validates its investment in Plug Power’s liquefiers and focused on optimising both capital and operation efficiency for its customers immersed in the hydrogen market.
Through the acquisition of Joule Processing LLC in 2022, Plug gained core competency in liquefaction systems known for its operational efficiency, flexibility, and reliability.
Corey Hessen, Executive Vice-President and President of Power and Energy Solutions at TC Energy, commented, “Securing long-lead equipment and systems gives us a head start as we move to finalising sites for hydrogen production and distribution hubs.”
TC Energy is a Canadian energy infrastructure company with business across North America and beyond. It has about C$34bn of secured capital projects, and it expects to sanction about C$5bn of projects each year through the decade. In Mexico, TC Energy has executed a strategic alliance with Mexico’s state-owned electric utility, CFE, to jointly develop the US$4.5bn Southeast Gateway pipeline, which will provide 1.3bn ft3/day of offshore pipeline capacity to serve markets in Mexico’s southeast region. It is expected to be in service by mid-2025.