As we close out another important year in the clean energy landscape, we are proud to look back to 2025 as a period defined by measurable progress, strategic focus, and achievements across our business. From improving hydrogen production to expanding customer relationships and bringing powerful technologies to the real world to eliminate carbon, this year has reinforced what can be achieved with focused strategies and strong partnerships.
Although 2025 has brought new challenges to the entire world of energy, it has reaffirmed the strength of our team, the dedication of our customers, and our commitment together to build an independent future – where hydrogen serves as the basis. As we reflect on the events of the past twelve months, we are energized by how far we have come and excited for the future.
As the year draws to a close, let's look back at the key milestones that defined 2025.
Intensified Focus
At the beginning of the year, we honed our strategy to focus on Plug's highest value markets: electrolyzers, cargo handling, and hydrogen fuel. This effort, known internally as Project Quantum Leap, streamlined our operations, aligned our resources with our priorities, and positioned the company for sustainable growth. And as the year progressed, this focus translated into meaningful progress in all of these core areas.
Milestones in Motion: GenEco Electrolyzers
As customers around the world work to strengthen energy security and reduce dependence on fossil fuels, Plug's GenEco electrolyzer business has delivered sustainable hydrogen solutions that enable on-site independent hydrogen production. The year 2025 was a milestone year as we focused on markets where hydrogen has the greatest impact on performance and economics. This focus has supported increased capacity, newly deployed sites, and a broader global customer base.
GenEco by the numbers
More electrolyzers will leave our doors and reach customers in 2025 than ever before. By 2025, we shipped more than 185 MW of GenEco electrolyzers to customers worldwide, representing a 203% year-over-year growth compared to 2024. With this delivery, our total deployment of electrolyzers has now crossed 317 MW in over 70 units.
Due to this year's momentum, Plug electrolyzers are now operating on every continent except Antarctica. In 2025, we advanced some of the most important hydrogen projects in the world, strengthening our position as a reliable technology partner for large-scale applications. Below is a closer look at a few of GenEco's 2025 electrolyzer sites where that delivery is taking shape.
25 MW by Iberdrola and BP in Castellon, Spain
10 MW by Lhyfe in Le Cheylas, France
5 MW with H2HOLLANDIA in Nieuw Buinen, the Netherlands
100 MW by GALP in Portugal
5 MW with Cleanergy Solutions in Namibia, Africa
5 MW for a GenEco customer in Croixrault, France
5 MW by Ingerop in Châtenay-Malabry, France
Along with this growth in shipments, we have also expanded our GenEco customer base, supporting a growing number of new projects and deployments around the world. Highlights of GenEco's new customers by 2025 include 55 MW with Carlton Power in the UK, 8 GW with Allied Green Ammonia across Australia, Uzbekistan and the UAE and more.
Milestones in Motion: GenDrive Fuel Cells for Material Handling
By 2025, our GenDrive systems keep aircraft moving in every warehouse and industrial facility, delivering reliable, zero-emissions power to work hard. Supported by our on-site hydrogen infrastructure, customers have reliable access to fuel when and where they need it, helping to maintain efficiency and sustainability. We also strengthened our customer base by adding new long-term GenDrive customers, including Floor & Decor in the US and STEF across France and Spain, further expanding the adoption of hydrogen-powered material handling in key global markets.
Fuel Cell by the numbers
By 2025, we have deployed more than 3,100 GenDrive units, expanding our global installed base to more than 72,000 units operating in warehouse equipment worldwide. We also reached a milestone in 2025, completing more than 20 million gallons of hydrogen, the most we've ever achieved in a single year. Collectively, these fuels, now in excess of one billion, have helped keep customers' flights running smoothly, efficiently, and without disruption.
By 2025, our hydrogen platform operated at a record pace, translating demand into the real world by delivering more than 9,000 hydrogens and more than 5.25 million kilograms of hydrogen to customers around the world.
Milestones in Motion: Hydrogen Network Production
As demand for clean, reliable hydrogen continues to grow through 2025, the plug-in hydrogen production network played a key role in providing customers with low-carbon fuel at scale. The year marked a milestone with the Louisiana plant coming online, expanding our network and strengthening our ability to serve customers across the state. Across our plants in Georgia, Tennessee, and Louisiana, we increased productivity, improved efficiency, and delivered consistent production, strengthening a resilient and energy-secure hydrogen ecosystem.
Plug's Hydrogen Network by the numbers
The plug hydrogen production network, now exceeding 40 tons per day, has delivered another strong year of progress and performance. By 2025, our three US hydrogen plants produced more than 4,600 metric tons of hydrogen, supporting customers with reliable, low-carbon supply at scale.
Our Woodbine, Georgia facility led the way, producing more than 2,500 metric tons, more than half of the total annual output, while our Charleston, Tennessee plant contributed 1,541 metric tons. Our new facility in St. Gabriel, Louisiana reached a milestone with its first production of liquid hydrogen in mid-April and delivered 561 metric tons.
Beyond production volume, 2025 was also a year of operational triumphs: the Tennessee plant achieved 99% uptime and an average efficiency of nearly 92%, Georgia set a new operational benchmark in August with 97% efficiency and 99.7% availability. Supporting this growing production sector, our transport fleet was expanded to include 34 liquid hydrogen trailers and 89 gas trailers, strengthening our ability to reliably deliver hydrogen to customers across the network.
Together, these milestones highlight the growing strength, reliability, and momentum of our hydrogen network as we continue to scale.
15 ton-per-day Hydrogen Plant in Louisiana – check out the plant tour here
Keep an eye on 2026
As we look toward 2026, clean energy is more than an environmental step—it's the foundation of energy independence and hard work. Hydrogen, electrolyzers, and fuel cells are proving their worth in all logistics, industrial production, and critical energy applications, strengthening grid resilience and supporting domestic energy production.
Next year will be driven by efficiency, with companies and countries investing in sustainable clean energy systems now, while policy benefits such as the fuel cell ITC are available, best positioned for long-term energy security and economic leadership.
Increasing demand from electricity, data centers, and aging electrical infrastructure makes hydrogen's ability to provide extended uptime independent of the grid increasingly important. Large-scale hydrogen and e-fuel projects are expected to move to final investment decisions, while industrial and planning applications continue to find clean solutions that improve both productivity and sustainability.
We look forward to 2026 and are ready to bring technology to scale to help our customers meet these opportunities.
Safe Harbor
This blog post contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding expected market trends, customer acceptance of hydrogen solutions, project development and execution, policy and regulatory incentives, demand for hydrogen, electrolyzers and fuel cells, and Plug, Power20 programs and exits beyond 20 expectations. Forward-looking statements are based on management's expectations and current assumptions as of the date of this posting and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially include, among others: changes in economic, market, or industry conditions; policy, regulatory, or incentive changes; the diversity of customer needs and adoption rates; delays or challenges in project implementation, approval, or performance; supply chain constraints; competitive pressures; Plug Power's ability to increase productivity and performance; liquidity and capital market conditions; and other risks described in Plug Power's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their date. Plug Power undertakes no obligation to revise or update any forward-looking statements except as required by law.