New York will be home to one of the world´s largest hydrogen production plants

New York State continues to be one of the frontrunners when it comes to meeting the world's great need for green energy. This time around, the state is partnering with Plug Power Inc. (Nasdaq: PLUG), a move that will prompt the company to expand its green hydrogen footprint. The company is reportedly planning and committed to building a hydrogen production facility in New York's Science, Technology and Advanced Manufacturing Park (STAMP). The company also announces that as part of its business development, it plans to build a substation on the same site. Analysts describe the facility as the largest in America when you look at all of the country's green hydrogen production facilities. The plan is for the facility to produce 45 tons of green liquid hydrogen per day to serve the northeast region. It will use around 120 MW of Plug's PEM electrolysers to generate hydrogen using the clean hydropower of New York. The latest development follows an earlier one that involved building the Tennessee facility. If everything goes according to plan, the facility could have the capacity to produce around 500 tons of green hydrogen per day by 2025. Plug Power CEO Andy Marsh says he wants to lead the company in its efforts and commitment to building the green hydrogen economy. Marsh commends his home state, New York, for the significant role he has played in supporting the clean energy initiative. He sees his company's green hydrogen solutions as a great asset to the positive change in environmental conservation. He also sees her commitment to business as one of the best ways to support changes in the state's economic climate. He thanks all of the company's partners and the elected representatives for their leadership role in achieving the goals set. U.S. Senator Charles Schumer is delighted and encourages further collaboration. He commends the company for building the green hydrogen production facility, which he believes can create around 60 new, well-paid, green energy jobs. He also sees the move as an opportunity to expand or grow the economy in western New York.