Plug Power and Allied Biofuels Forge Major Agreement for Green Energy Transition in Uzbekistan

On October 30, 2025, Plug Power Inc. (NASDAQ: PLUG) announced a significant milestone in its mission to facilitate the global transition to sustainable energy. The company has executed a binding supply agreement with Allied Biofuels FE LLC (ABF) to deliver up to 2 gigawatts (GW) of its cutting-edge GenEco PEM electrolyzer systems. This agreement is designed to bolster ABF's pioneering efforts in producing sustainable aviation fuel (SAF), electro-sustainable aviation fuel (eSAF), and green diesel at a state-of-the-art facility in Uzbekistan.

This agreement not only underscores Plug Power’s commitment to renewable energy but also marks a continuation of its collaboration with Allied Biofuels, following a previously announced 3 GW partnership with Allied Green Ammonia (AGA) in Australia. With the new supply agreement in place, the total contracted electrolyzer capacity between Plug Power and its Allied partners now stands at an impressive 5 GW across two groundbreaking projects.

The Uzbekistan facility is strategically positioned to serve the burgeoning global market for sustainable fuels, thereby enhancing Plug’s role in the Central Asia region. The final investment decision (FID) for this landmark project is anticipated in the fourth quarter of 2026.

The signing of this agreement took place in Australia during a visit by Plug Power CEO Andy Marsh, who engaged with project developers and energy partners to explore further hydrogen and liquid fuel opportunities. This collaboration is highlighted as one of the largest electrolyzer supply agreements announced in 2025, reinforcing Plug Power's expanding influence in the renewable fuel sector.

Andy Marsh commented on the agreement, stating, "This agreement is proof that Plug delivers on what others are still planning. We’re turning hydrogen commitments into real, operating projects at multi-gigawatt scale." He added that the event underscores Plug’s deep engagement in the global hydrogen economy and its capability to provide proven electrolyzer technology for SAF and eSAF production.

Alfred Benedict, Chairman of Allied Biofuels, expressed enthusiasm regarding the partnership, stating, "At Allied Biofuels, our mission is to deliver reliable, low-carbon fuel solutions to global markets. Partnering with Plug’s world-class electrolyzer platform ensures we can achieve the scale, reliability, and performance our customers expect." He emphasized that finalizing this supply agreement is a major milestone as they move closer to the FID for the Uzbekistan project.

This collaboration is part of Plug Power’s broader strategy to enhance its global presence, particularly in the Asia-Pacific and Central Asia regions. The company is currently advancing various hydrogen and fuel cell deployments in countries such as South Korea, India, and Japan, facilitating the integration of clean hydrogen into diverse applications, including power generation and industrial processes.

Plug Power operates a fully integrated ecosystem that encompasses hydrogen production, storage, delivery, and power generation. The company has established itself as a key player in the industry with over 72,000 fuel cell systems deployed and 275 fueling stations operational worldwide. Furthermore, Plug is the largest user of liquid hydrogen, with hydrogen plants operational in Georgia, Tennessee, and Louisiana, capable of producing 40 tons per day.

The partnership between Plug Power and Allied Biofuels to deploy up to 2 GW of electrolyzer systems in Uzbekistan represents a significant advancement in the renewable fuel landscape. As the world shifts towards sustainable energy solutions, this collaboration stands as a testament to the potential of hydrogen technologies in achieving global decarbonization goals. With its strategic initiatives and robust technology, Plug Power is poised to play a leading role in shaping the future of the hydrogen economy.