Plug Power to invest $365m in Korean gigafactory as part of previously announced joint venture

Electrolysers and fuel cells will be mass-produced at an undisclosed location as part of the $745m venture, SK Plug Hyverse

Plug Power CEO Andy Marsh and SK E&S CEO Choo Hyung-wook pictured at the CES 2023 conference in Las Vegas in January. — Plug Power CEO Andy Marsh and SK E&S CEO Choo Hyung-wook pictured at the CES 2023 conference in Las Vegas in January.Photo: SK E&S

Leigh Collins

Plug Power SK Group South Korea Asia PEM electrolysers

Published 2 May 2023, 17:41Updated 2 May 2023, 17:41