Plug Power Announces 2021 Second Quarter Results

Rhea-AI Summary

Plug Power (NASDAQ:PLUG) reported its second-quarter results on August 5, 2021, underscoring its role as a leader in hydrogen solutions for the green economy. The company has deployed over 40,000 hydrogen fuel cell systems, solidifying its position in the market and becoming the largest buyer of liquid hydrogen. Plug Power's GenKey solution integrates all essential elements for customers, including major companies like Amazon and Walmart. The company continues to expand into new markets such as zero-emission vehicles and robotics, emphasizing its commitment to sustainability and efficiency gains.

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• Deployed over 40,000 hydrogen fuel cell systems, the most globally.
• Recognized as the largest buyer of liquid hydrogen.
• Expanding into new markets including zero-emission vehicles and robotics.

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• None.

LATHAM, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2021 second quarter. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q221Plug.

Join the call:

• Date: August 5, 2021
• Time: 4:30 pm ET
• Toll-free: 877-405-1239 / 201-389-0851
• Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1480056&tp_key=2ad12c1cde

Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company’s home and investor relations pages. A playback of the call will be available online for a period following the event.

About Plug Power Inc.         

Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while providing efficiency gains and meeting sustainability goals.

Plug Power created the first commercially viable market for hydrogen fuel cell (HFC) technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs.

Plug Power’s vertically integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers.

SOURCE: PLUG POWER

Plug Power Media Contact
Caitlin Coffee
Allison+Partners
(312) 635-8204
PlugPR@allisonpr.com

FAQ

What are Plug Power's second-quarter results for 2021?

Plug Power reported its second-quarter results on August 5, 2021, emphasizing its leadership in hydrogen solutions.

What key markets is Plug Power expanding into?

Plug Power is expanding into zero-emission vehicles, robotics, and data centers.

Who are some of Plug Power's major customers?

Major customers include Amazon, BMW, The Southern Company, Carrefour, and Walmart.

What is Plug Power's role in the hydrogen economy?

Plug Power is a leading provider of hydrogen solutions, focusing on building a comprehensive hydrogen economy.