Plug Power Inc.
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About
PowerPlug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel and provide service to customers such as Amazon, BMW, The Southern Co., Carrefour and Walmart. The company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics and data centers.
Editor's note: Updated March 31, 2021.
News
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.
Energy Transition in Motion (Week of July 19, 2024)
Here is a look at some of this week’s renewable energy news, including the launch of the California hydrogen hub.
Plug Power Secures $1.66B Conditional Loan Guarantee from DOE
Plug Power said the funds will be used to finance development and construction of up to six green hydrogen production facilities.
Plug Power Finalizes Contract with US Auto Manufacturer
Plug Power says it will supply hydrogen infrastructure and fuel cell solutions as part of the agreement.
Energy Transition in Motion (Week of Jan. 26, 2024)
Here is a look at some of this week’s renewable energy news, including NextEra Energy’s growing renewable energy backlog.
Plug Power Jumps on Govt Loan, Liquid Green Hydrogen Production Start
Plug Power has secured over $1 billion in government funding following liquidity issues amid supply challenges in the liquid hydrogen market in North America.
Energy Transition in Motion (Week of Jan. 5, 2024)
Here is a look at some of this week’s renewable energy news, including a step forward for BP’s efforts to transform an old oil refinery into a biofuel facility.
Plug Power Eyes Opportunity, Addresses Challenges
The company is tracking about $5 billion of potential revenue opportunity for electrolyzer sales as it works to build out its hydrogen network.
Energy Transition in Motion (Week of June 30, 2023)
Here is a look at some of this week’s renewable energy news, including a record-setting solar auction in Nevada.
Lhyfe, Plug Power, Partners Land Grant for North Sea Hydrogen Project
The project aims to demonstrate the technical and financial viability of large-scale hydrogen production offshore.
Energy Transition in Motion (Week of June 16, 2023):
Here is a look at some of this week’s renewable energy news, including the merger of two wind turbine and foundation installation vessel companies.
Energy Transition in Motion (Week of June 9, 2023):
Here is a look at some of this week’s renewable energy news, including a quarterly record for solar installations in the U.S.
Energy Transition in Motion (Week of June 2, 2023): Advancing Projects, Investment
Here is a look at some of this week’s renewable energy news, including more than $20 billion in green hydrogen investments in Oman.
Plug Power Moves to Boost Hydrogen
Plug Power plans to produce 850 tons of green hydrogen per day at three plants, the company says.
Energy Transition in Motion (Week of May 25, 2023): Advancing Projects, Investment
Here is a look at some of this week’s renewable energy news, including plans for a $4.3 billion EV battery cell manufacturing plant.