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Plug power is a green hydrogen company providing hydrogen solutions in the material handling, mobility, and stationary power markets through fuel cell technology as well as electrolyzers.
Published November 9, 2021
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Updated October 25, 2024
Energy Transition
Industrial Decarbonization
Electrification & Efficiency
H2 & Low Carbon Fuels
Hydrogen
Product Overview
Overview
Plug power offers fuel cell engines for mobility and material handling, backup power cells, hydrogen fuel for e-mobility and stationary power, hydrogen electrolyzers, renewable generation, and storage technologies.
Clean Hydrogen Fuel Cell Products
- ProGen Fuel Cell Engines : For independent companies, these fuel cells are designed for use in motive and stationary products. These support light, medium, and heavy-duty electric vehicles. There are flexible power solutions from low to high.
- GenDrive Material handling power fuel cells are designed to displace incumbent battery technology in electric fleets. They are drop-in-power solutions for existing electric class 1, class 2, and class 3 material handling electric truck fleets.
- GenSure backup power fuel cells provide a low carbon solution to replace traditional generator or battery power technologies for both high and low power stationary applications. This technology can be purchased and increased as needed.
Hydrogen Fuel Products
- GenFuel services include the design, procurement, construction, commissioning, and maintenance for all of the components required to successfully store hydrogen at large or small, new or existing sites without disrupting operations. The proprietary hydrogen dispenser design attempts to allow for integration of the fueling system with fuel cell products including fast-fill and industrial IoT.
- Hydrogen Electrolyzers by Plug Power provide hydrogen production through water electrolysis. Plug Power is currently utilizing PEM electrolysis technology. Markets for this technology include power to power, power to product, and power to mobility.
Business Model
Plug power supplies hydrogen solutions all down the value chain. They are primarily experienced in the material handling industry but currently expanding with active projects and solutions in emobility, aviation, and stationary power.
Technology Innovations
Plug power creates their own membranes, so it has primary access at cost to this expensive feature of many Electrolyzer technologies. They also invest a lot of time and energy into continues R&D efforts and are expanding and acquiring new partnerships and companies to take control of the market.
Applications
Plug power attempts to curb the future effects of emissions by providing clean hydrogen and zero-emission fuel cell solutions. They attempt to bridge the price gap by pursuing cost effective and reliable solutions.
Clean Hydrogen Fuel Cell Products are designed to assist in energy transition for supply chain and logistics applications, on-road electric vehicles, stationary power markets, aviation, etc.
- ProGen fuel cell engine solutions pursue to increase range and payload for the lowest cost of ownership and provide quick fueling.
Hydrogen Fuel Plug Power is the largest buyer of liquid hydrogen in North America, constructing hydrogen stations, and electrolyzers for end-to-end fuel solutions.