United States, Universal Hydrogen Wants to Get Fuel-Cell Planes Ready to Fly by 2024, Plug Power, Inc.: Plug Power Develops New GenDrive Products for The European Market, Plug Power Develops New GenDrive Products for The European Market, CORRECTION – Guggenheim Securities Hires Cleantech Expert Jonathan Silver to Expand Sustainability Effort, Guggenheim Securities Hires Cleantech Expert Jonathan Silver to Expand Sustainability Effort, McKinsey Study ‘Road Map to a US Hydrogen Economy’ Promotes Scale-Up Activities in the Growing Hydrogen Economy, Chart Industries Expands Liquid Hydrogen and LNG Business with Strategic Agreements, Plug Power, Inc.: Plug Power Announces Corine Dubruel as Vice President and Managing Director, Europe, Plug Power Announces Corine Dubruel as Vice President and Managing Director, Europe, Plug Power Signs MOU with Linde for the Demonstration of Fuel Cell-Powered On-Road Vehicles, Plug Power and Apex Clean Energy to Develop Green Hydrogen Network Using Wind Power. Get all the technical documentationand resources you need here. The company is headquartered in Latham, New York, and has facilities in Spokane, Washington, and Rochester, New York. [2][3], In February 2020, the company introduced 125 kW Progen fuel cell engines for class 6, 7 & 8 trucks and heavy duty off-road equipment. Plug Power's GenDrive system integrates fuel cells manufactured by both Plug Power and Ballard Power Systems and incorporates a hydrogen storage system that allows the system to "recharge" in a matter of minutes as opposed to several hours for lead-acid batteries. Investor Relations The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. Latham, NY 12110 [4], "Plug Power Ships First Production Progen Engines for Electric Vehicle Range Extenders", "Plug Power Fuel Cells Power USPS Lift Truck Fleet in Maryland", "Plug Power introduces new fuel-cell system for heavy duty on-road applications", https://en.wikipedia.org/w/index.php?title=Plug_Power&oldid=982137085, Engineering companies of the United States, Companies based in Albany County, New York, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 6 October 2020, at 11:13. The Company offers its products globally to retail, grocery, and institutional food distribution centers, as well as manufacturing facilities. The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization. Get the latest News, Investor Resources,Stock information and more. It allows hydrogen-powered forklifts to run at a constant steady power compared to conventional batteries, which experience "droop" in their output towards the end of a shift. Plug Power Inc. is an American company engaged in the design and manufacturing of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. About Plug Power Inc Plug Power, Inc. designs, develops, manufactures and commercializes fuel cell systems for electric lift trucks and materials handling equipment. 968 Albany Shaker Road Extending its reach into the on-road electric vehicle market, Plug Power’s ProGen platform of modular fuel cell engines empowers OEMs and system integrators to rapidly adopt hydrogen fuel cell technology. Plug Power was founded in 1997 as a joint venture between DTE Energy and Mechanical Technology Inc. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Plug Power is the leading provider of clean hydrogen and zero-emission fuel cell solutions that are both cost-effective and reliable. Find the latest Plug Power, Inc. (PLUG) stock quote, history, news and other vital information to help you with your stock trading and investing. The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. New Markets for Zero-Emission Fuel Cell Products Our leading fuel cell products are designed to address your biggest productivity and uptime challenges, all while providing sustainable solutions for your business operations. At Plug Power, we aspire to recruit, develop, and retain people of diverse cultural backgrounds who can contribute to their fullest potential in pursuit of personal, organizational, and business objectives. Plug Power, Inc. designs, develops, manufactures and commercializes fuel cell systems for electric lift trucks and materials handling equipment. Literature & Resources The company went public in 2002. Plug Power is the partner that customers trust to take their businesses into the future. In our interactions with each other, we are sensitive to the values and beliefs of others. Plug Power, Inc. designs, develops, manufactures and commercializes fuel cell systems for electric lift trucks and materials handling equipment. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. GenDrive units occupy the same space designed for conventional batteries. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. The company is headquartered in Latham, New York, and has facilities in Spokane, Washington, and Rochester, New York. With proven hydrogen and fuel cell products, Plug Power replaces lead-acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers. Indoor forklifts were their first viable market with customers such as Nike, BMW, Wal-Mart, Home Depot, Mercedes-Benz, Kroger, and Whole Foods. ProGen engines are proven today, with thousands in service, supporting some of the most rugged operations in the world. In February 2017, the company announced the first shipments of its ProGen fuel cell engines designed for electric delivery vehicles and the adoption of its GenDrive system by the USPS truck fleet in Capitol Heights, Maryland. Plug Power Inc. is an American company engaged in the design and manufacturing of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.