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Home » News » Hydrogen » Plug Power Excluded from Danish Power-to-X Tender Due to Missing Bank Guarantee
Finance

Plug Power Excluded from Danish Power-to-X Tender Due to Missing Bank Guarantee

By Philip BrooksNovember 28, 20231 Min Read
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US hydrogen technology firm Plug Power Inc has been disqualified from the first Danish Power-to-X (PtX) tender after failing to provide the required bank guarantee, as confirmed by the Danish Energy Agency. The Plug Power Idomlund Denmark project, with a proposed capacity of 100 MW, had initially bid the lowest price in the tender, but

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