The Woodbine plant ran at 97% uptime, 99.7% availability (excluding a grid outage) and 92.8% efficiency, the green hydrogen company reported.
The Georgia plant uses its 5MW GenEco electrolysers, which are part of its modular PEM line. Plug said the production record proves the systems can “deliver high-performance backed by real-world results.”
The company touted the site as the largest operating green hydrogen plant in the US and claimed market leadership by citing additional facilities in Tennessee and Louisiana, although neither is yet at full capacity.
“Our Georgia plant is running with greater consistency and strength every day,” stated Andy Marsh, Plug’s CEO.
“Plug is setting the path for the acceleration of the hydrogen economy, and this milestone is proof of the progress we’re delivering.”
While Plug claimed the Georgia milestone as proof its electrolyser technology works at scale, the company remains in turnaround mode.
Since 2024, it has been cutting costs and consolidating operations in a bid to reach margin neutrality by the end of 2025.
Q2 revenues rose 21% year-on-year to $174m, with electrolyser sales trebling to $45m, but margins stayed negative at –31%.
Ongoing job cuts, facility consolidation and renegotiated supply contracts drove an $80m non-cash writedown in the quarter.
Earlier this year, Plug boosted liquidity by selling a $30m investment tax credit from the Georgia plant, highlighting the site’s role in Plug’s balance sheet strategy and its reliance on incentives amid Inflation Reduction Act (IRA) uncertainty.
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