Plug Power

Plug Power

Industrial Machinery Manufacturing

Latham, NY 97,214 followers

Green Hydrogen at Work

About us

Plug is building an end-to-end green hydrogen ecosystem, from production, storage and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. www.plugpower.com.

Website
https://www.plugpower.com
Industry
Industrial Machinery Manufacturing
Company size
1,001-5,000 employees
Headquarters
Latham, NY
Type
Public Company
Founded
1997
Specialties
Plug Power Inc. (NASDAQ: PLUG) is a turnkey provider of clean, reliable solutions for hydrogen fuel cell-based applications, green hydrogen, hydrogen fuel cells, and electrolyzers

Locations

Employees at Plug Power

Updates

  • View organization page for Plug Power, graphic

    97,214 followers

    Thank you to California Hydrogen Business Council for recognizing their board member and Plug’s VP of Public Affairs Erin Lane for her commitment to advancing clean energy. We’re proud to have her on our team!

    Today, we are proud to highlight Erin Lane, Plug Power’s representative to our Board of Directors. Erin serves as Vice President of Public Affairs at Plug, where she provides strategic insight into company relations with government and industry actors, advocating for the company’s priorities. With a career spanning over two decades, Erin has been instrumental in advancing energy-related legislation, securing #taxincentives like the #FuelCell Investment Tax Credit, and increasing federal funding for #cleanenergy technologies. Erin’s leadership extends beyond her professional role, as she also serves as President of the #Hydrogen and Fuel Cell Seminar Board of Directors and Chair of the Tax Working Group at the Fuel Cell and Hydrogen Energy Association. Her commitment and expertise are invaluable to our mission of advancing the #hydrogenindustry. Learn more: https://lnkd.in/eH_NJvaj

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug will be one of the first producers of clean hydrogen in the U.S. to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) enacted by an Act of Congress earlier this year. This incentive allows newer, cleaner technologies, such as electrolytic hydrogen, which is produced from water, to be more cost competitive with incumbent fossil fuel technologies. Learn more: https://bit.ly/3RP8NWl

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug is pleased to announce that Plug CEO Andy Marsh will participate in the 10th Annual ROTH London Conference held at the Four Seasons Hotel at Park Lane in London UK on June 26, 2024. During the conference, Plug CEO Andy Marsh, and VP Investor Relations Roberto Friedlander, will meet directly with over two dozen representatives from some of the world's largest money management firms. All meetings will be conducted in a 1-on-1 or small group format, consisting of 40-minute sessions to facilitate extensive interaction and provide a comprehensive understanding of Plug’s overall business and strategy. Read the full release here: https://lnkd.in/gMf3JkMA

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug has achieved a significant milestone reaching 7.5 gigawatts (GW) in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. The most recent contracts being with Allied Green Ammonia for an electrolyzer project in Australia, with additional contracts in the US and Europe. This milestone not only highlights the increasing demand for green hydrogen but also underscores the importance of Plug’s experience in electrolyzer technology in driving the green hydrogen revolution. Read the full release here: https://lnkd.in/gCW2D_mt

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  • View organization page for Plug Power, graphic

    97,214 followers

    Congrats to the RIT racing team on their win, Plug is proud to support student initiatives!

    View organization page for RIT Racing, graphic

    403 followers

    RIT Racing takes first place overall at FSAE Michigan 2024! 🏎️🏁🏆 It is impossible for us to convey the emotions our team felt as we heard our name called for First Place overall last night. It was only two years ago that we had to explain why we didn’t have a new car due to all the difficulties the team had gone through following the pandemic. Now, two years later, our team was able to outperform all of our competitors to bring home first place. For the first time in its 32 year history, RIT Racing has won FSAE Michigan. F32 exemplifies not only the hard work and long nights from our members this year, but it also examplifies that RIT Racing, after years of challenges, is finally back to where it once was. Our results: First place overall 🥇 Second place in Endurance 🥈 Third place in Acceleration 🥉 To all of those who supported us this year, whether it be through sponsorship, donations, engineering help, or just moral support, we sincerely appreciate your continued support of the team. This would all be impossible without you. Photo Credits: Tristan Ho #FSAE #kgcoe #kategleasoncollegeofengineering #RIT #RITRacing #f1 #racing #FSAEMichigan #competition #FSAEElectric #Electric #cars #racecar #engineering #becauseracecar #mechanicalengineering #formula1 #EV #sustainability #team #FSAEMichigan2024

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plug’s 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using green hydrogen. "The selection of Plug's technology for this project serves as a clear example of our established industry expertise and proven technology” stated Plug CEO Andy Marsh. "Industry experts have highlighted the immense market potential for green hydrogen in Europe as being a key factor for reaching European Union decarbonization targets. This presents a significant opportunity for Plug, and we have the market knowledge and technology readily available to make a substantial impact.” Read the full release here: https://lnkd.in/gSwnqidQ

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug is proud to be a longtime fuel cell supplier to BMW as they work toward their sustainability goals using green hydrogen.

    View organization page for BMW Group, graphic

    2,916,729 followers

    Fast refuelling 💧 High payloads 💪 Flexible usability ✨ These are just three of the benefits we’ve found in using hydrogen for our in-plant transport logistics. Currently, our Leipzig plant uses over 160 fuel cell powered forklifts. Hydrogen is also a promising fuel source that can pave the way for lower-carbon, long-distance logistics in the future. #BMWGroup #BMWiFACTORY #SustainableSunday #hydrogen

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  • View organization page for Plug Power, graphic

    97,214 followers

    Plug secured industry certification for its one MW (megawatt) high-powered stationary system to the American National Standards Institute/CSA Group’s FC 1-2021 standard covering the safe operation, performance and construction of stationary fuel cell power systems. Plug’s stationary systems provide a zero-emission solution, reliable power where and when needed. Whether for backup, intermittent, or continuous power, these systems provide energy resiliency and independence so business operations can continue to run seamlessly. Read the full release here: https://lnkd.in/gjfj_yZ7

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Stock

PLUG

NASDAQ

20 minutes delay

$2.59

0.12 (4.858%)

Open
2.47
Low
2.43
High
2.62

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Funding

Plug Power 37 total rounds

Last Round

Post IPO debt

US$ 1.7B

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