Plug Power Collaborates with Carreras Grupo Logístico for Green Hydrogen Ecosystem in Spain

PLUG
September 20, 2025
Plug Power Inc. announced a collaboration with Carreras Grupo Logístico to launch a complete green hydrogen ecosystem in Spain. This initiative aims to establish the first hydrogen-powered logistics site in Spain at Carreras Grupo Logístico's center in Masquefa, Barcelona. The project involves replacing existing lead-acid battery-powered forklifts with hydrogen fuel cells to enhance decarbonization and operational efficiency. If successful, Plug will deliver hydrogen fuel cells, a 1 MW electrolyzer, and a hydrogen refueling station to Carreras Grupo Logístico. This strategic partnership highlights the potential of hydrogen-powered solutions to improve energy efficiency, productivity, and sustainability while reducing operational costs in the logistics sector, expanding Plug's presence in the European market. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.