GROUPE RENAULT & PLUG POWER JOIN FORCES
TO BECOME LEADER IN HYDROGEN LCV
JV will start commercializing fuel cell LCV’s in Europe starting in 2021 with pilot fleet deployments.
#BreakingNews
: Plug Power Inc. and South Korean SK Group to form a
#Strategic
Partnership to Accelerate
#HydrogenEconomy
Expansion in Asian Markets; Plug Power to Receive $1.5 billion Strategic Investment From SK Group
Plug Power exceeded 2020 gross billings target and is raising 2021 estimates to $475M, up from $450M. The Company is increasing the 2024 gross billings target by more than 40% to $1.7B. Hear more from CEO, Andy Marsh, on PLUG’s 8:30 am ET update call.
PLUG POWER TO BUILD NORTH AMERICA’S LARGEST GREEN HYDROGEN PRODUCTION FACILITY IN WESTERN NEW YORK: As NA's largest green hydrogen production facility, the plant will produce 45 metric tons of green liquid hydrogen daily servicing the Northeast region.
As part of its $1.2B investment in its NA delivery network, Home Depot announced a new 1.5M sq-ft distribution center in Dallas, TX. Read about use of Plug Power
#hydrogen
and
#fuelcell
solutions for
#sustainability
and
#productivity
advantages
We’re incredibly proud to reveal our new brand identity, purpose and logo, reflective of our commitment to a more sustainable and secure energy future. We believe green hydrogen will lead the way – so when you think about a greener world, think Plug.
Plug Power and SK Group Complete $1.6B Capital Investment to Build Hydrogen Economy in Asian Markets
Companies had a virtual deal closing ceremony completing the $1.6 billion capital investment to partner in accelerating hydrogen as an alternative energy source in Asian markets.
Today we broke ground on a $290 million electricity substation and state-of-the-art green hydrogen fuel production facility in Alabama, NY– the largest in North America. We’re one step closer to New York State’s goal of achieving carbon neutrality by 2050!
We are delighted to announce a new partnership with
@AlpineF1Team
! This collaboration will be a complement to the joint venture for
@Groupe_Renault
and
#PlugPower
to explore opportunities for
#hydrogen
solutions in on-road vehicles.
Plug celebrated a milestone today as
@Universal_H2
completed the first flight of a
#hydrogen
regional airliner powered by Plug's ProGen fuel cells. Learn more by reading our latest blog post here:
Full press release:
#PlugPower
blog, we break down the question: Is
#Hydrogen
the new diesel? With the ability to mirror many of the benefits of diesel, without producing any emissions—check out the number of reasons why it makes sense that
#Hydrogen
replaces diesel fuel.
The climate bill is critical to continue US leadership in fuel cell and hydrogen. Good for climate, good for jobs and good for national security- a trifecta - happy to see the senate passed the bill - Posted by Andy
Another warehouse hydrogen project is officially complete! This one included a tank fill with our own liquid hydrogen, a turnkey hydrogen pad, dispensers and fuel cells for a fleet of fork lifts. That’s what we call turnkey!
/1 Plug has completed the first fill of a Plug tanker with liquid green hydrogen produced at its Woodbine, GA production plant, heading straight off to customer sites. The achievement comes one week following the official commencement of operations at the plant.
Plug is proud to announce a new agreement with longtime customer
@Amazon
to supply 10,950 tons per year of liquid
#greenhydrogen
to fuel Amazon operations. Green hydrogen is the key to helping Amazon reach its goal of net-zero by 2040. Read more here:
In a newly-released roadmap for 2025-2035, China is targeting 200K tons of green hydrogen production annually by 2025. In the U.S. alone, Plug will have 180K tons by 2025, leading the global energy transition. We're proud to be at the forefront of these exciting developments!
We’re proud to announce an agreement with
@Walmart
to deliver liquid green hydrogen to power lift trucks across their U.S. distribution and fulfillment centers, marking a huge step towards incorporating zero-carbon energy sources in their supply chain.
Plug Power Completes Restatement of Previously
Issued Financial Statements and Files 2020 Annual
Report - As Anticipated, No Impact on Cash Position, Business Operations or Economics of Commercial Arrangements
Conference Call Today at 8:30 am ET.
Plug Power is delighted to be chosen as one of the 11 winners to develop the H2 Airport by providing
#FuelCells
for ground transportation. Plug Power is looking forward to working alongside other industry leaders as we work to
#decarbonize
the sky.
Record Quarter in Progress: we have already built 12
#hydrogen
systems (3x the last quarter) and approaching all of Q2 unit shipments. And remember - Q2 was a record quarter.
We are reaffirming our Q3 2020 financial commitments.
Exciting visit by Sen Schumer to Plug’s Rochester gigafactory today! Launching the push to make NY the center of the nation’s first Federal
#greenhydrogen
hub, creating thousands of clean energy jobs. Kudos to Schumer’s leadership accelerating the hydrogen economy, jobs.
Plug has completed commissioning and began operation of the first commercial-scale green hydrogen production plant in the U.S. market, representing a landmark achievement in Plug’s build-out of a vertically integrated
#greenhydrogen
ecosystem.
Learn more:
Plug received a conditional commitment for an up to $1.66 billion loan guarantee from the Department of Energy’s (“DOE”) to finance the development of up to six green hydrogen production facilities. Read here:
We’re excited to announce that we’ve landed an order to deliver a 1GW electrolyzer to Swiss hydrogen company H2 Energy – the largest capacity electrolyzer installation in the world to date! Read more:
Plug Power Announces Green Hydrogen Plant in Camden County, Georgia - will produce 15 tons/day of liquid
#greenhydrogen
using 100% renewable energy; will fuel transportation applications, including material handling and fuel cell electric vehicle fleets
Plug Power's Innovation Center - home of Plug's world-class PEM gigafactory!
#ROC
Plug Power Announces Selection of Rochester to Host Plug Power Innovation Center
There are dynamic developments underway in
#hydrogen
. Plug Power’s CEO, Andy Marsh, and CSO, Sanjay Shrestha join the virtual Hydrogen Council CEO Event for a 2 day discussion of challenges and opportunities for the industry ahead.
#HydrogenNow
Plug Power Announces 2021 First Quarter Results - Reports $72.0M in Revenues and $73.7M in Gross Billings for Q1 2021 - up 76% and 71% year over year
Shareholder letter live:
Today we open our green hydrogen and fuel cell innovation center gigafactory in Rochester, NY - the world’s first and largest fuel cell and electrolyzer manufacturing Gigafactory! We’re honored to celebrate this milestone with
@SenSchumer
&
@RepJoeMorelle
.
Today we welcome Preeti Pande to the
#PlugPower
team as our new Chief Marketing Officer (CMO.) Pande will use her extensive expertise to help ensure our products and solutions are responsive to market needs. We are excited to have her onboard!
Plug has been awarded an order to deliver two 30-tons-per-day hydrogen
#liquefaction
systems (also known as hydrogen liquefiers) to
@TCEnergy
. The order is the first-of-its-kind for a
#hydrogen
refrigeration cycle. Learn more here:
Air transportation is a massive contributor to CO2 emissions, with more than 900M tons emitted per year. With companies like
#PlugPower
and
@Universal_H2
leading the way, we’ll soon have greener
#AirTransportation
for passengers and freight. Read more!
Plug starts production of liquid hydrogen at its existing plant in Charleston, Tennessee, adding about ten tons per day of liquid hydrogen supply back onto the U.S. market. Plug also implemented design improvements to enhance overall plant efficiency:
Plug CEO Andy Marsh was on-site today at Plug's Georgia
#greenhydrogen
production plant. Another cryo trailer is being filled for even more liquid hydrogen deliveries to Plug customers.
#ICYMI
#RealTimeUpdate
: A Plug cryo tanker has officially offloaded liquid hydrogen produced at its Woodbine, GA production plant at its first customer stop in Lake Park, GA. Learn more:
Eco Runner, sponsored by Plug, has achieved an impressive world record by driving over 2,488.5 km on just a little under 1 kg of hydrogen. This remarkable feat surpasses the previous record of 2,056 km, further solidifying hydrogen's fuel efficiency.
Plug has secured an order for 100 megawatts (MW) of proton exchange membrane (PEM) electrolyzers. This is the largest announced project in the oil and gas sector in Europe, and it will eliminate approximately 516 tons per day of CO2 (carbon dioxide).
#PlugPower
is now a member of the
#Hydrogen
Industry Cluster that is coordinated by the
#WaterstofNet
Association. This industrial partnership works to make global energy supply
#sustainable
. Learn about WaterstofNet’s mission of carbon-neutral:
Plug will develop three green hydrogen production plants in Finland, resulting in the production of 850 tons per day of green hydrogen, or 2.2 gigawatts of electrolyzer capacity, by the end of the decade with final investment decision by 2025/2026.
Happy National Hydrogen & Fuel Cell Day! “At
#PlugPower
, we have deployed over 40,000 fuel cells, enabled 31.4 million fuelings, and use over 27 tons of hydrogen a day. We have also built over 100 hydrogen stations for customers like Walmart and Amazon.”
#HydrogenNow
With today's federal infrastructure bill signing, the future is brighter for green hydrogen! The bill provides:
– $1.5 billion for clean hydrogen manufacturing and advancing recycling RD&D
– $8 billion in funding for clean hydrogen
Read more from
@ENERGY
“Our work with Microsoft represents decades of leadership in the green hydrogen industry paired with unparalleled talent and tenacity." - Plug CEO Andy Marsh
Read more about Plug's work with Microsoft here:
At the forefront of fighting climate change, Plug Power is “on track” to build out 500 tons of green hydrogen by 2025.
Our own Andy Marsh talks to
@CNBC
@jimcramer
about how the Infrastructure Bill plays a role in supporting hydrogen.
Plug Power is proud to be recognized as the leader in green hydrogen energy production. Today, our own Andy Marsh hosted
@SenSchumer
at
@WNYSTAMP
to discuss how we're bringing affordable hydrogen to the market.
Did you catch the great PLUG interview on
@MadMoneyonCNBC
? Takeaways - Plug on target to achieve $475M in revenue this year; JVs with SK and Renault are moving forward on schedule; & green H2 is here today. Also - CEO Andy Marsh does NOT have COVID-19!
Plug Power Q4-YE 2020 Investor Letter is live at ; call at 8:30 am ET
Plug Power Reports $337 million in Gross Billings for 2020, Up 42.5% Year over Year; Well Positioned to Leverage Industry & Capture Meaningful Share of in the $10T Hydrogen Economy
We’ve signed an agreement with Edison Motors, a Korean electric carmaker, to develop fuel cell electric city bus prototypes. We'll collaborate to prototype fuel cell electric city buses by 2H 2022 and launch a mass-market platform by 2023.
Plug completed the installation and commissioning of an electrolyzer system at an
@amazon
fulfillment center in Aurora, Colo. The one-megawatt (MW) proton exchange membrane electrolyzer is the first for Amazon. Learn more about the project here:
#StayTuned
:
@PlugPowerInc
will hold a Business Update conference call in January 2021.
#CEO
Andy Marsh will provide a review of 2020 versus our stated metrics, and outline plans and strategic priorities for 2021. Access details to come.
We’re at
@COP26
! We’re thrilled to have an on-the-ground presence at the 2021
@UNFCCC
Conference as we put green hydrogen to work to address the goals being discussed over the next two weeks. Follow along as we share updates from Glasgow!
Successful ground breaking event today at the site of Plug Power's green hydrogen production plant in Camden County, GA.
"We are making history as we go from diesel to green hydrogen," said Chief Strategy Officer and GM Energy Solutions
Plug Power and South Korea’s SK E&S Form Joint Venture to Accelerate Expansion of Hydrogen Economy in Asian Markets - collaborate on, fuel cell systems, hydrogen fueling stations, electrolyzers & green hydrogen to the Korean and other Asian markets.
Take a tour of Plug’s
#GreenHydrogen
Plant in Charleston, TN, where we ramped up production from 6.5 to 10 tons per day! With expansion comes new jobs and more opportunities.
/1 Plug has signed a contract to deliver a Basic Engineering and Design Package (BEDP) for a 500 megawatt (MW) electrolyzer project in Europe. The contract, signed on January 29, 2024, increases Plug’s total amount of BEDP contracts to 4.1 gigawatts (GW).
Plug Power Issues Q22021 Investor Letter - .
- $124.6 million in Net Revenue and $126.3 million in Gross
Billings
- Up 83% and 75% Year over Year
- Continues to deliver on all strategic priorities
Starting in 2023, Plug and
@nikolamotor
will enter into a Green Hydrogen Supply Agreement with a volume of up to 125 tons per day of liquid green hydrogen. Nikola will also purchase a 30-ton-per-day liquefaction system from Plug. Learn more here:
Yesterday we broke ground on our newest manufacturing facility in Slingerlands, Albany County, creating over 1,600 new jobs in the region! We’re proud to further expand our
#GreenHydrogen
network right in the county where Plug Power was founded. Read more:
Today,
@HYVIA_Official
, a Plug Power-
@renaultgroup
JV, unveiled two new vehicles powered by green hydrogen: the Renault Master Chassis Cab H2-TECH and the Renault Master City Bus H2-TECH. Learn more here:
Today made me proud to be an American- we stumble a good deal in our journey but in the end try to do right. This legislation makes us a leader in climate change and makes us a leader to make the future better. Andy
#DidYouKnow
: A strong global
#Hydrogen
economy can create 30M jobs by 2025? This week, CEO, Andy Marsh, and CSO, Sanjay Shrestha joined the virtual
#Hydrogen
Council CEO Event for a 2 day discussion on key challenges and opportunities for the industry.
“As the world has moved to achieve net-zero
#CarbonEmissions
,
#PlugPower
has been in an ideal position to support that effort,” says CEO Andy Marsh during a sit down with
@SPGlobal
. Learn more about Plug’s plans further to expand
#GreenHydrogen
in Europe:
Plug delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers. The product is a prime example of Plug’s cutting-edge innovation to drive cost-effective adoption of hydrogen. Read more here:
You can’t take over Times Square without an all-star team! To help launch our new brand identity, these Plug employees drove our truck from Tennessee to NYC for our event today at
@Nasdaq
. Sending a huge “thank you” to them – and to everyone who made today possible.
Today, we announced a partnership with
@Lhyfe_hydrogen
, a producer and supplier of renewable and ecological hydrogen, to jointly pursue and develop green hydrogen generation plants throughout Europe! Read more here:
In a new report,
@WeAreGHInsights
has named Plug Power the
#1
electrolyzer vendor! We’re proud to be at the forefront of the growing electrolyzer market as we forge a path towards decarbonization. Read more and download the executive summary here:
Plug will design and deliver a 10MW PEM electrolyzer system for an offshore hydrogen production plant in the North Sea. The project, part of HOPE consortium, will produce up to four tons of green hydrogen daily.
Plug Power Expands Hydrogen and Fuel Cell Solutions into Walmart eCommerce Applications - Plug supports 9,500+
#GenDrive
today, and is expanding into Walmart's eCommerce network.
Plug has reached nameplate capacity at hydrogen plants in Georgia and Tennessee. With this increased supply from our hydrogen production network, Plug will benefit from a lower cost of hydrogen - a crucial step in our roadmap to achieve profitable growth:
PLUG POWER TO HOST BUSINESS UPDATE CONFERENCE CALL ON JANUARY 26, 2021 TO DISCUSS PRELIMINARY 2020 RESULTS AND 2021 GROWTH PLANS
Toll-free: 877-405-1239
Direct webcast:
CEO, Andy Marsh, will discuss preliminary results for 2020 and plans for 2021.
We can't celebrate
#NationalHydrogenDay
without a slight humble brag. Favorite 2021 Plug moments: breaking ground on a network of the world’s largest green hydrogen plants, starting to build-out the world’s first green hydrogen gigafactory, and forming new global joint ventures.
Plug recently shipped its first 5-megawatt module to Fertiglobe, a strategic partnership between OCI and the Abu Dhabi National Oil Company, in Egypt. It’s the first of many units that will be a part of a 100-megawatt project.
Plug has announced the integration of a Class 6, medium-duty fuel cell electric truck. The integration involves a commercial Class 6 chassis cab with an industry proven electric propulsion system powered by Plug’s cutting-edge ProGen fuel cell technology:
#PlugPower
is proud to announce that we are one of the original investors in the first fund to support
#hydrogen
infrastructure projects! We are excited to see how
@FiveTHydrogen
will advance the hydrogen industry!
The latest $900 billion coronavirus relief package provides one-year extensions for the section 30(B) fuel cell vehicle credit & 30(C) hydrogen refueling station credit that were set to expire in 2020. Full text of the Omnibus bill is available online at ."
We’ve signed an agreement to acquire Frames Group, an acquisition that enables us to scale delivery of our electrolyzer solutions and deepen our presence in Europe. We look forward to our journey together as we continue to build a hydrogen ecosystem!
Happy to be working with STILL to provide and maintain the
#fuelcells
in their
#hydrogen
powered lift trucks being used by Corstyrène! Learn more here.
The hydrogen plant at Antwerp is a major milestone for Plug. For a decade people have called for green hydrogen at ports. No one has done this at scale until Plug - from Andy
Today’s top Hydrogen 2021 moment was when
@Hyundai
announced that they will be providing hydrogen fuel cell versions of all commercial vehicles by 2028!
#NationalHydrogenDay
#hydrogen
Thanks to hydrogen, the future of mining just became more eco-friendly!
@AngloAmerican
and
@ENGIEgroup
are piloting a hydrogen-powered mine haul truck, with a custom refueling system provided by Plug Power. Read more on this green hydrogen innovation: