Andy Marsh, the chief executive of Plug Power, reacted at a press conference organised by Business Finland in Helsinki on Tuesday, 30 May 2023. Marsh said the American fuel-cell company has laid out plans to build three green hydrogen plants in Finland, identifying the country’s functioning infrastructure, commitment to reducing carbon emissions and recent accession to Nato as pull factors. (Emmi Korhonen – Lehtikuva)
PLUG POWER, a fuel-cell company headquartered in Latham, New York, on Tuesday unveiled a tentative plan worth an estimated 5.6 billion euros to build three hydrogen plants in Finland – in Kokkola, Kristiinankaupunki and Porvoo.
The American company is expected to make a final investment decision on the projects in 2025–2026.