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Plug premarket12/26/2023 ![]() In addition, the New York Power Authority ( NYPA) Board of Trustees will review a power allocation award from NYPA’s low-cost ReCharge NY power program at its public meeting later this month.ĬEO of Plug Power Andy Marsh said, “Plug Power is proud to further expand its green hydrogen network with our new manufacturing plant located in New York State’s Albany County, where we were founded 25 years ago. Empire State Development (ESD) has agreed to provide up to $45 million in performance-based Green Excelsior Jobs Tax Credits to encourage the creation and retention of green jobs. Additionally, the company has committed to creating 1,633 new jobs, and retaining another 701 jobs in Albany County, to support its new green energy production needs. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.įusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.This $55 million investment to construct, outfit and equip Plug Power’s new 350,000 square foot plant will be used for expanding production, warehousing and servicing, of the GenDrive line, which offers drop-in fuel cell solutions for existing electric truck fleets. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Trading on margin increases the financial risks.īefore deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.įusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. The Company’s products and services serve the North American and European material handling markets, and primarily supports large to mid-sized fleet, multi-shift operations in high-volume manufacturing and distribution centers. The Company's products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen and GenFuel Electrolyzers. In addition, the Company manufactures and sells fuel cell products to replace batteries and diesel generators in stationary backup power applications. The Company delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, the stationary power market, and more. The Company is focused on proton exchange membrane (PEM), fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen and green hydrogen generation, storage, and dispensing infrastructure. is a provider of hydrogen fuel cell turnkey solutions.
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