Organisation - Plug Power
- Organisation type
- Commercial
- Website
- http://www.plugpower.com
- Country
- UNITED STATES
- Business Interest
- Manufacturer
- Primary Technology
- PEM
- Secondary Technology
- Other
- Geographical Region of interest
- North America
- Organisation Description
Plug Power (USA) is a developer of fuel cells for homes using natural gas and propane. The company develops on-site power generation systems for commercial and residential dwellings, as well as for automotive applications, using PEM fuel cells. In November 2002, Plug Power acquired competitor H Power for approximately US$50.7 million.
So far, the company has installed 55 systems a LIPA substation on Long Island and is overall the company with the most installed systems in this sector. Commercialisation targets start from the 2002, in conjunction with GE MicroGen.
The company is also involved in the European Virtual Power Plant project, which will connect 31 4.6kW units to a combined virtual power plant in Germany, Holland, Portugal and Spain. These units have been jointly developed with German heating equipment manufacturer Vaillant.
In February 2003 Plug Power signed a joint marketing agreement with Toshiba International Corp (TIC) to explore the application of fuel cells for industrial premium power markets, and develop a product that combines Plug technology with TIC's uninterruptible power systems. The companies expect the joint marketing agreement to lead to subsequent product development and commercialisation agreements.
In June 2003 Plug Power introduced the GenCore system, a 5kW direct hydrogen fuel cell unit, priced at US$ 15,000 and especially designed to provide extended run back up power specifically for the telecommunications industry.- Partners
- Key strategic partnerships with GE, Honda, Vaillant, DTE, Celanese, Engelhard and others
- Fuel Cell Staff
- 330
Contact Information
- Address
- 968 Albany-Shaker Road, Latham, NY 12110
- Country
- UNITED STATES
- Phone Number
- 1.518.782.7700
- Fax Number
- 1.518.782.9060
- Financial Info
- Stock Prices
- Annual Results
- Q1 Results
- Q2 Results
- Q3 Results
- Q4 Results
RELATED NEWS ARTICLES
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01 Aug 08
Smart Hydrogen appoints Plug Power Board members
Plug Power announced on Thursday the appointment of Andrew Dimitri and Dennis V. Pivnyuk to the Company's board of directors by Smart...
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23 Jul 08
Plug board member resigns for Norilsk Nickel Role
Two members of Plug Power Inc.'s board of directors are stepping down by the end of the month. Sergey Batekhin and Lisa Rosenblum tendered...
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04 Jul 08
Modine Parades a Fuel Cell Powered Float
Modine Manufacturing will be unvieling a new circus float which draws its power for the elaborate electronics from a fuel cell. Modine...
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03 Jul 08
Plug Power and Ballard Power Extend Agreement
Ballard Power Systems will remain the exclusive supplier of fuel cell stacks to Plug Power after the companies said Wednesday they have...
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02 Jul 08
Plug Power Receives NYSERDA Grant
It has been announced that Plug Power has received a US$500,000 grant from the New York State Energy Research and Development Authority to...

