Frames Group, focusing on green hydrogen production, acquired by Plug Power with support from the Biden administration.
Jordi Zonneveld, a former oil and gas executive, transitioned his company Frames Group to focus on green hydrogen production after the 2015 Paris climate agreement. Motivated by climate concerns for his daughters, he increased the clean hydrogen segment to 10% of business within five years. In 2021, Frames Group was acquired by Plug Power, which aims to produce over 1,000 tons of green hydrogen daily and has received substantial support from the Biden administration.
September 22, 2024
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