Houston-based Phillips 66 Signs Agreement to Advance Green Hydrogen

The collaboration will scale green hydrogen throughout industrial and mobility sectors, while advancing development of key hydrogen infrastructure and fueling capabilities.

Hart Energy Staff

Phillips 66 has signed a memorandum of understanding (MoU) with Plug Power Inc. on to collaborate on the development of low-carbon hydrogen business opportunities, the company said on Oct. 13.

Phillips 66, which has 13 wholly owned and joint venture refineries in the U.S. and Europe, owns extensive hydrogen-related infrastructure and uses hydrogen in the manufacturing of transportation fuels. Plug Power, a leader in hydrogen fuel cells and electrolyzers, has begun construction on green hydrogen production facilities in California, New York, Tennessee and Georgia that will ultimately supply 500 tons per day of liquid green hydrogen by 2025.

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