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Plug Power questions plant's economics
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FFI wants to use its own electrolyser technology
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No change to capital cost at $83 million
(Adds FFI chairman and CEO comments)
By Sonali Paul
MELBOURNE, Jan 27 (Reuters) - Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday.
The project, announced in October 2021, is a key plank in Fortesc...
>>> Read more: UPDATE 1-Plug Power scraps electrolyser plant partnership with Fortescue
Plug Power questions plant's economics
*
FFI wants to use its own electrolyser technology
*
No change to capital cost at $83 million
(Adds FFI chairman and CEO comments)
By Sonali Paul
MELBOURNE, Jan 27 (Reuters) - Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday.
The project, announced in October 2021, is a key plank in Fortesc...
>>> Read more: UPDATE 1-Plug Power scraps electrolyser plant partnership with Fortescue
