Plug Power (NASDAQ: PLUG), a leader in hydrogen solutions, has announced a binding supply agreement with Allied Biofuels FE LLC (ABF) for up to 2 GW of GenEco PEM electrolyzer systems.
The agreement supports ABF's development of sustainable aviation fuel (SAF), electro-sustainable aviation fuel (eSAF), and green diesel, with a final investment decision expected in Q4 2026.
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Author's summary: Plug Power partners with Allied Biofuels to support sustainable fuel development.