Plug power supply (NASDAQ: Plug) is probably preparing for one of its biggest green hydrogen victories. On the Tashkent International Investment forum, Plug and Allied Green Ammonia just signed a deal to deploy 2 GW of electrolytic meter capacity in Uzbekistana Move, which brings its global partnership to 5 GW on both continents. The Uzbekistan plant, backed by the country's government, aims to produce sustainable aviation fuel, green urea and green diesel, part of the $5.5 billion green chemical complex. Senior executives at both companies signed the agreement on site, which shows how strategic the project is for its long-term energy ambitions.
This is the second major green hydrogen risk in between. Allied Green's flagship project in Australia has been lined up for 3 GW and is still tracking the final investment decision for the 4th quarter of 2025. To sum up, these initiatives show that plugins are not just positioned as technology suppliers, but as deoxidation partners for decarbonization. Plug's president Sanjay Shrestha highlighted strategic consistency between the companies, pointing to opportunities to expand into new regions outside Australia and Central Asia.
For investors watching the hydrogen space, this partnership can provide early clues about how industrial-scale electrolytic deployments will unfold globally. Pugn's technology is now underway on five continents, thus supporting the industry from transport to chemicals. Although execution risks always hover in projects of this scale, repeated trading can be in momentum and momentum and can be a durable advantage.
This article first appears on Gurufocus.
