Plug Power acquires Frames Group, aiming to produce over 1,000 tons of green hydrogen daily.

Jordi Zonneveld, a former executive at Frames Group, pivoted the company from fossil fuels to green hydrogen production following the 2015 Paris climate agreement. Motivated by concerns for his daughters' future, he successfully grew the clean hydrogen segment to 10% of the business. In 2021, Plug Power acquired Frames Group, aiming to produce over 1,000 tons of green hydrogen daily, supported by U.S. tax credits for clean energy initiatives.

September 22, 2024
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