About Plug Power
Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals.
Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America.
At STAMP, Project Gateway will produce green hydrogen for logistics and transportation users. This will enable users to replace fossil fuels in on-road applications like heavy-duty freight and forklifts.
The Project Gateway facility will produce green hydrogen using an electrolysis process of water utilizing clean hydropower. The production facility will produce approximately 45 metric tons of liquid hydrogen that produces no pollution and creates essentially no waste.
STAMP's strategic location, development readiness and utility advantages provide the ideal site for renewables manufacturing.
STAMP's low-cost, 100% renewable hydropower and shovel-ready permitting, zoning, and environmentals all support Project Gateway's development. Learn more about STAMP's advantages.
STAMP Regional Advantages
STAMP's strategic location in the Buffalo-Rochester Tech Corridor provides significant advantages for renewables manufacturing.
The region's advanced research & development institutions, workforce training partners, and renewable energy supply chain all support Project Gateway's development. Learn more about STAMP's regional advantages.
STAMP Site Investment
Plug Power is also investing $55 million to advance the construction of STAMP's 345/115 KV substation.
The substation is commencing construction phasing in 2021 in partnership with the New York Power Authority and National Grid.
The project enables Project Gateway and future users to access 100% renewable energy at delivered prices of $0.035/KWH. Learn more about STAMP's Utility Advantages.
The GCEDC Board of Directors have approved an investment agreement with Project Gateway that will generate approximately $2.3 million per year in revenues supporting local governments, education, and infrastructure in Genesee County, the Town of Alabama, and the Oakfield-Alabama Central School District.
Project Gateway anticipates adding 68 full-time jobs at an average salary of around $70,000 plus benefits. Learn more about careers at Plug Power here.
Looking for the right location to grow?
Contact Chris Suozzi, GCEDC VP of Business & Workforce Development