Houston-based energy manufacturing and logistics firm Phillips 66 and fuel cell manufacturer Plug Power Inc. have signed a memorandum of understanding (MOU) to collaborate on the development of low-carbon hydrogen business opportunities.

Phillips 66 already owns hydrogen-related infrastructure and uses hydrogen in the manufacturing of transportation fuels. Plug Power, meanwhile, is developing green hydrogen production facilities in California, New York, Tennessee and Georgia that would ultimately supply 500 tons/day of liquid green hydrogen by 2025.

The companies committed to exploring ways to deploy Plug Power’s technology within Phillips 66’s operations.

Plug Power’s David Bow, executive vice president of Electrolyzer Solutions, touted Phillips 66’s “rich history...