Plug Power.

Published : September 22nd, 2015

Plug Power and Praxair Showcase Hydrogen and Fuel Cell Technology to Congressman Chris Gibson

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Plug Power and Praxair Showcase Hydrogen and Fuel Cell Technology to Congressman Chris Gibson

Gibson Visits Praxair's Hydrogen Production Plant and Praxair Technology Center for Tour, Business Discussion and Press Event

LATHAM, N.Y., Sept. 22, 2015 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable energy solutions today participates in a tour of a Praxair hydrogen plant with Congressman Chris Gibson (R-NY), followed by a press event at the Praxair, Inc. Technology Center in Tonawanda, NY. Congressman Gibson will tour Praxair's hydrogen production facility with Plug Power CEO Andy Marsh and Praxair's East Region Vice President Jeff Barnhard.

Congressman Gibson will discuss how Upstate New York manufacturers and technology developers are enabling clean energy technologies for use in many industries, including material handling. Among many of the progressive solutions on display, Congressman Gibson will have the opportunity to operate a Plug Power GenDrive-powered lift truck and simulate a refueling from a GenFuel hydrogen fueling dispenser.

Plug Power currently has more than 8,500 GenDrive fuel cells deployed and to-date has constructed more than 15 GenFuel hydrogen fueling infrastructures in North America for material handling and stationary power customers, such as Walmart, Kroger, Uline and SouthernLINC Wireless. Plug Power GenDrive units have accumulated more than 107 million hours of runtime and its GenFuel infrastructures have dispensed more than 330 metric tons of hydrogen, equating to more than 3,000 fills per day.

"Investment in our GenFuel hydrogen storage and dispensing technology has enabled increased market growth for Plug Power," said Andy Marsh, Plug Power CEO. "Our solutions deliver clean, productivity-enhancing hydrogen fuel cells to customers and are allowing us to broaden our achievements in the thriving material handling industry and also expansion into other markets like: retail, ground support equipment and stationary power."

Congressman Chris Gibson represents the people of New York's 19th Congressional District, including many employees at Plug Power. Throughout his Congressional career, Congressman Gibson has been a fervent supporter of fuel cells and hydrogen technologies. Through bi-partisan leadership, Gibson has demonstrated his clear understanding of what it takes to make a clean energy business successful in Upstate New York. Congressman Gibson has pledged his support for development of the industry by championing policies like the hydrogen fuel cell tax credit.

"I am excited to spend time with the innovative, hard-working New Yorkers who are leading the way in the development and production of hydrogen fuel cell technology," said Congressman Chris Gibson (NY-19). "I want to thank Plug Power and Praxair for giving me the opportunity to learn more about this important industry. They are clean energy pioneers, and I am proud to partner with them in our efforts to lower energy costs for American consumers and reduce our dependence on fossil fuels."

On June 4, 2015, during the Washington DC leg of Plug Power's nationwide six-city road show, Congressman Gibson offered comments and praise for Plug Power's success in expanding the adoption of its environmentally friendly hydrogen and fuel cells solutions. You can hear Congressman Gibson's remarks at https://event.webcasts.com/viewer/event.jsp?ei=1063362.

SEPTEMBER 22, 2015 INVITE ONLY PRESS EVENT DETAILS:
TIME: Tuesday, September 22, 3:00 PM Eastern
LOCATION: Praxair Technology Center, 175 East Park Drive, Tonawanda, NY
SPEAKERS: Congressman Chris Gibson, Praxair East Region Vice President Jeff Barnhard, Plug Power CEO Andy Marsh

MEDIA NOTE: Media will have the opportunity to ask questions

About Plug Power Inc.

The powerhouse in hydrogen fuel cell technology, Plug Power is revolutionizing the industry with cost-effective solutions that increase productivity, lower operating costs and reduce carbon footprint. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems. GenDrive, a lead-acid battery replacement, is used in electric lift trucks in high-throughput material handling applications. With more than 8,500 GenDrive units deployed with material handling customers, GenDrive has been proven reliable with over 107 million hours of runtime. Plug Power manufactures tomorrow's incumbent power solutions today, so customers can POWERAhead. Additional information about the Plug Power brands is available at www.plugpower.com.

Plug Power Inc. Safe Harbor Statement

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. ("PLUG"), including but not limited to statements about PLUG's forecast of financial performance, order bookings, business model, strategy and growth opportunities. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. In particular, the risks and uncertainties include, among other things, the risk that we continue to incur losses and might never achieve or maintain profitability; the risk that we will need to raise additional capital to fund our operations and such capital may not be available to us; the risk that our lack of extensive experience in manufacturing and marketing products may impact our ability to manufacture and market products on a profitable and large-scale commercial basis; the risk that unit orders will not ship, be installed and/or converted to revenue, in whole or in part; the risk that pending orders may not convert to purchase orders, in whole or in part; the risk that a loss of one or more of our major customers could result in a material adverse effect on our financial condition; the risk that a sale of a significant number of shares of stock could depress the market price of our common stock; the risk that negative publicity related to our business or stock could result in a negative impact on our stock value and profitability; the risk of potential losses related to any product liability claims or contract disputes; the risk of loss related to an inability to maintain an effective system of internal controls or key personnel; the risks related to use of flammable fuels in our products; the cost and timing of developing, marketing and selling our products and our ability to raise the necessary capital to fund such costs; the ability to achieve the forecasted gross margin on the sale of our products; the risk that our actual net cash used for operating expenses may exceed the projected net cash for operating expenses; the cost and availability of fuel and fueling infrastructures for our products; market acceptance of our products, including GenDrive, ReliOn and GenKey systems; the volatility of our stock price; our ability to establish and maintain relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of components and parts for our products; our ability to develop commercially viable products; our ability to reduce product and manufacturing costs; our ability to successfully expand our product lines; our ability to successfully expand internationally; our ability to improve system reliability for our GenDrive, ReliOn and GenKey systems; competitive factors, such as price competition and competition from other traditional and alternative energy companies; our ability to protect our intellectual property; the cost of complying with current and future federal, state and international governmental regulations; risks associated with potential future acquisitions; and other risks and uncertainties referenced in our public filings with the Securities and Exchange Commission. For additional disclosure regarding these and other risks faced by PLUG, see disclosures contained in PLUG's public filings with the Securities and Exchange Commission (the "SEC") including, the "Risk Factors" section of PLUG's Annual Report on Form 10-K for the year ended December 31, 2014. You should consider these factors in evaluating the forward-looking statements included in this presentation and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.

CONTACT: Plug Power Media Contact
         Teal Vivacqua
         518.738.0269
         [email protected]
Read the rest of the article at www.noodls.com

CODE :
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Plug Power is based in United states of america.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate news of
2/1/2016Plug Power Hosts New York Senator Charles E. Schumer at Manu...
2/1/2016Plug Power Hosts New York Senator Charles E. Schumer at Manu...
2/1/2016New York Senator Charles E. Schumer to Visit Plug Power to P...
2/1/2016New York Senator Charles E. Schumer to Visit Plug Power to P...
1/30/2016Don't Be Fooled by Plug Power Again
1/28/2016Plug Power Posts Huge Revenue Growth, But Slight Guidance Mi...
1/28/20164 Stocks That Are Attracting Major Attention Today
1/28/2016Plug Power Exceeds Business Goals for 2015
1/27/2016Last but Not Least: Moving Averages and Analyst Estimates of...
1/26/2016Renewable Energy Stocks Trade below 100-Day Moving Averages
1/4/2016Analyst Estimates Suggest Upsides for Renewable Energy Compa...
12/31/2015What Do Analysts Estimate for Renewable Energy?
12/23/2015Analyzing Renewable Energy Companies’ Sales and Gross Profit
12/18/2015FuelCell Energy Management Expects Break-Even at 90 Megawatt...
12/18/2015Stocks Coverage on the Technology Sector -- Plug Power, Baza...
12/17/20154 Stocks Under $10 With Increased Volatility
12/17/2015Plug Power GenKey Hydrogen and Fuel Cell Solution Earns a Sp...
12/15/2015Technology Sector Equities under the Scanner -- Plug Power, ...
12/14/2015Is Plug Power Now A Buy? The Vetr Crowd Thinks So
12/14/2015A Change in Tides - Analyst Review of Plug Power, Cloud Peak...
11/9/2015These Four Stocks are Falling on Monday for Various Reasons
11/9/2015Plug Power reports 3Q loss
11/9/2015Plug Power Announces 2015 Third Quarter Results
11/9/20157:11 am Plug Power misses by $0.01, beats on revs
11/3/2015Strength Seen in Plug Power (PLUG): Stock Moves 9.5% Higher
10/27/2015Plug Power to Announce 2015 Third Quarter Results on Novembe...
10/20/2015Plug Power Provides Preliminary Q3 Results, Affirms '15 View
10/19/2015Plug Power Achieves Second Consecutive Quarter of Record Rev...
10/8/2015Plug Power Inc. Joins Industry in Celebrating National Hydro...
10/1/2015Plug Power CEO Andy Marsh to Speak at California Hydrogen Fu...
9/29/2015TECH SECTOR UPDATE - Tech Leader Enters Rapidly Growing Fant...
9/24/2015Plug Power Applauds Introduction of the Bi-Partisan Fuel Cel...
9/22/2015Plug Power Rallies 14.8% on Home Depot Order Speculation
9/22/2015Plug Power (PLUG) in Focus: Stock Moves 14.8% Higher
9/22/2015Plug Power and Praxair Showcase Hydrogen and Fuel Cell Techn...
9/18/2015Plug Power CEO Attends Grand Opening of The Home Depot Distr...
9/14/2015Plug Power Forms 'Plug Power Capital' to Enable Streamlined ...
9/11/2015Plug Power ReliOn Hydrogen and Fuel Cell Solution Takes Firs...
9/10/2015Prelodis Commissions Plug Power GenDrive Units at Site in Fr...
9/8/2015Plug Power VP John Cococcia to Present at Rodman & Renshaw's...
8/10/201510-Q for Plug Power, Inc.
8/6/2015Edited Transcript of PLUG earnings conference call or presen...
8/6/2015Can Plug Power Boost Revenues, Profits Going Forward?
8/6/2015Plug Power Announces 2015 Second Quarter Results
8/6/2015Plug Power reports 2Q loss
8/6/20157:11 am Plug Power beats by $0.01, misses on revs; guides Q4...
8/4/2015Plug Power (PLUG) in Focus: Stock Moves 10% Higher - Tale of...
7/31/2015Plug Power Completes Acquisition of HyPulsion Joint Venture ...
7/27/2015Plug Power Acquires Full Control of 'HyPulsion' Hydrogen and...
7/23/2015Plug Power to Announce 2015 Second Quarter Results on August...
7/7/2015Is the Move in Plug Power Sustainable?
7/7/2015Mid-Afternoon Market Update: A Schulman Slips After Q3 Resul...
7/7/2015Hot Tuesday Stocks That Hedge Funds Avoided: Plug Power Inc ...
7/7/2015Mid-Day Market Update: Dow Tumbles 150 Points; Advanced Micr...
7/7/2015Mid-Morning Market Update: Markets Drop; Horizon Pharma Prop...
7/7/2015Plug Power Sets Record Revenue Quarter
6/9/2015Quick Glance at Three Promising Long-Term Plays - Energy, Vi...
5/15/201510-Q for Plug Power, Inc.
5/11/2015The 52-Week Low Club for Monday
5/11/2015Can Plug Power Live Up to Its Promise?
5/4/201510-K for Plug Power, Inc.
4/22/2015POWERAhead Blog: Plug Power Customers Rock on Sustainability...
4/16/2015Ballard Power Gets Order from China for Fuel Cell Modules - ...
4/15/2015BATTCOM Could Catalyze ITKG After BASF Exhibits Electriplast...
4/9/2015FedEx Works with US DOE, Plug Power Inc. & CharlatteAmerica ...
4/2/2015FuelCell Energy to Install New Plant in Pepperidge Farm - An...
3/31/2015Weakness Seen in Plug Power (PLUG) Estimates: Should You Sta...
3/30/2015Plug Power Announces Martin Hull as Chief Accounting Officer
3/24/2015Irons in the Fire: NEAH Power Signs New Partnership Deal
3/23/2015Plug Power Exhibits Complete GenKey Solution at ProMat 2015 ...
3/19/2015FreezPak Logistics Selects GenKey Solution From Plug Power f...
3/19/2015FreezPak Logistics Selects GenKey Solution From Plug Power f...
3/18/2015Cutting-Edge On-Demand Power Solutions Lead to Next Generati...
3/18/2015Plug Power Incurs Wider-than-Expected Q4 Loss, Shares Fall -...
3/17/2015MGM and Black Diamond are big market movers
3/17/2015The 52-Week Low Club for Tuesday
3/17/2015Fuel cell maker Plug Power's loss bigger than expected as co...
3/17/2015Plug Power reports 4Q loss
3/17/2015Plug Power Announces 2014 Fourth Quarter and Year-End Result...
3/17/2015Plug Power Announces 2014 Fourth Quarter and Year-End Result...
3/10/2015Plug Power Highlights March Investor Conference and Tradesho...
2/24/2015Plug Power to Announce 2014 Fourth Quarter and Year End Resu...
11/12/2014Plug Power posts 3Q loss
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
Nasdaq (PLUG)
1.97+0.00%
US$ 1.97
11/14 16:00 -
0%
Prev close Open
1.97 1.96
Low High
1.86 2.07
Year l/h YTD var.
1.61 -  4.70 -57.08%
52 week l/h 52 week var.
1.61 -  4.80 -54.71%
Volume 1 month var.
80,266,301 -4.60%
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-56.22%5.141.61
2023-63.62%9.9010.05
2022-57.69%32.0511.49
2021-13.77%73.9018.47
20201000.97%9.7310.11
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.72+0.45%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.41+4.08%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.61+3.40%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
 2.10+0.96%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 13.44+3.46%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.30+7.14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
 0.20+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 2.25+3.69%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 39.38+0.69%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.10-4.76%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
AU$ 0.00+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.