By Giulia Petroni

Linde PLC said Wednesday that it would build and operate a 24-megawatt electrolyzer plant that produces hydrogen using renewable energy at the Leuna chemical complex in Germany.

The industrial-gases and engineering company said the electrolyzer will be built by ITM Linde Electrolysis GmbH, a joint venture between Linde and ITM Power PLC, using proton exchange membrane technology. Production is scheduled to start in the second half of 2022.

"The total green hydrogen being produced can fuel approximately 600 fuel cell buses, driving 40 million kilometers and saving up to 40,000 tons of carbon dioxide tailpipe emissions per year," Linde said.

The plant will supply Linde's industrial customers through an existing pipeline network, the company said. The liquefied hydrogen will also be distributed to refueling stations and other industrial customers in the region.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

01-13-21 0646ET