4/18/2023 0 Comments Power plug![]() ![]() A key milestone in the company’s history was hit in 2014 when Plug Power, Inc deployed the GenKey solutions for the first time. Plug Power’s goal is to build an end-to-end green hydrogen ecosystem that includes green hydrogen production, storage and delivery, and energy generation through a network of grid-connected power stations and refueling points. ![]() The company was founded in 1997, went public in 1999, and is headquartered in Latham, New York. A few of the companies capitalizing on the technology are Walmart, Amazon, FedEx, and The Home Depot. The technology not only saves on costs but reduces emissions within an enclosed warehouse or retail space. One of the most visible uses of hydrogen fuel cells is in warehouse settings where it is used to run loaders and forklifts. Green Hydrogen is hydrogen split from a base molecule using electricity generated by sustainable sources such as fuel cells, solar, or wind. These solutions are tailored for supply chain and logistics applications, on-road electric vehicles, and stationary power generation for businesses and industries in North America and internationally. Plug Power Inc develops, designs, manufactures, markets, installs, and services a line of end-to-end hydrogen and zero-emission fuel cell solutions. Additionally, power-sensitive industries like Health Care, Data Centers, and Communications services can ensure their own operations by utilizing hydrogen fuel cells as a primary or back-up system. Among the many advantages of hydrogen fuel cells are the unlimited supply of hydrogen and the ability to harvest it from renewable, green energy sources. is a green energy play focused on Hydrogen and hydrogen fuel cells and it is the leader in the push toward a green hydrogen economy. 7 Dividend Aristocrats to Help You Take the Bite Out of the Bear.10 Recession-Proof Stocks That Will Let You Wait Out the Bear.7 Stocks with the Pricing Power to Push Through High Inflation.7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates.7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time.7 Stocks to Buy to Outrun Rising Interest Rates.7 Sports Betting Stocks to Buy for Their Long-Term Possibilities.7 Water Stocks to Buy as the World Dries Up.7 Solar Stocks Leading the Clean Energy Boom.7 Railroad Stocks to Keep Your Portfolio Chugging Along.7 Agricultural Stocks to Buy to Keep Your Portfolio Well Fed.Mullen Automotive Is Ready To Get In Gear.Can United Natural Foods Fight Both Inflation and the Fed?.Can HCA Healthcare Weather the Normalization?.This Little Known Small Cap Is Up 139%: Is The Stock A Buy?.Blackberry Stock Declines As Results Come In Lukewarm Once Again.What Cintas Can Teach Investors About This Bear Market?.This Small-Cap Healthcare Name Is Outperforming Its Index.Humana Proves Vertically Integrated Healthcare Works.The Trader's Guide to Equities Research.That could lead to the build-out of hydrogen-related infrastructure, which, in turn, should make the fuel more economically viable for even more businesses. "We are relentless in our pursuit to meet our Climate Pledge commitment to be net-zero carbon across our operations by 2040 and believe that scaling the supply and demand for green hydrogen, such as through this agreement with Plug Power, will play a key role in helping us achieve our goals," Hurst said.Īmazon's support for green hydrogen will likely spur more companies to invest in the promising fuel source. More than 300 other companies have since made the same pledge, including corporate heavyweights like Microsoft and Verizon. It also co-founded The Climate Pledge, a commitment to reaching net-zero carbon by 2040. A big boost to the fledgling hydrogen economyĪmazon is the largest corporate purchaser of renewable energy. Amazon's stake will likely also be seen by other potential customers as a vote of confidence for Plug Power's technology. These warrants give Amazon a financial incentive to help Plug Power reach its ambitious expansion goals.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |