Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer’s Material Handling Operations

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LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations. The manufacturing campus of over 6 square miles is dedicated to electric vehicles, batteries and is one of the largest auto manufacturing campuses in U.S. history.

The manufacturing campus’s entire material handling fleet, including forklifts and tuggers, will run on Plug fuel cells. In addition to the fuel cell fleet, the agreement includes on-site hydrogen infrastructure, including two liquid hydrogen storage tanks and over 10 hydrogen dispensers to prepare for the expansion of hydrogen applications.

“This new partnership further strengthens our track record of success in the automotive industry, marking a significant leap in promoting sustainability within the sector,” stated Andy Marsh, CEO of Plug. “We are excited to elevate this facility with Plug’s state-of-the-art green hydrogen ecosystem, offering solutions that enhance operational efficiency while contributing to a more sustainable and environmentally responsible future.”

Plug’s hydrogen fuel cells are a direct replacement for any battery solution in electric forklifts. By implementing fuel cell solutions, this facility will be able to drive productivity, streamline operations and maximize fleet uptime, all while reducing greenhouse gas …

Full story available on Benzinga.com