Plug Power has a vision of the decarbonization of the world, especially in the fields of green hydrogen and mobility. The company’s 30 to 125 kW ProGen engines are for heavy vehicle applications, adding Class 6 and 8 trucks. Mobile engines are primarily designed for OEMs to adopt sustainable mobile hydrogen fuel solutions.
In long-distance transport, ProGen mobile fuel engines will offer exclusive merit over battery electric vehicles; Fuel mobiles will offer fast force (at least five to six times faster than an electric charge), a greater diversity of more than 500 miles, and superior asset usage and packaging density. For Plug Power consumers like Linde, DHL, FedEx and others, transportation of fuel, packages and shipments, without batteries, is your business.
“Plug Power appreciates our long-standing relationship with Linde and sees Linde as a key hydrogen strategy,” said Andy Marsh, CEO of Plug Power. “Both corporations invest in decarbonizing hydrogen production to provide a true eco-friendly solution to customers. , in line with plans announced through Plug Power to make more than 50% of the hydrogen used green until 2024. “
Plug Power develops the hydrogen economy as a leading provider of turnkey mobile hydrogen fuel (HFC) solutions. The company’s cutting-edge generation forces hydrogen-fueled mobile electric motors amid an ongoing paradigm shift in the force, force and transportation industries to deal with the replacement of weather and force power. safety, while delivering power gains and achieving sustainability goals. Plug Power created the first commercially viable market for mobile hydrogen fuel (HFC) generation. As a result, the company has deployed more than 35,000 mobile fuel systems for electric mobility, more than any other in the world, and has become the largest customer for liquid hydrogen, having built and operated a highway on hydrogen in America. from North. Plug Power offers a significant price proposition for end consumers, adding significant environmental benefits, power gains, immediate refueling, and reduced operating costs. Plug Power’s vertically embedded GenKey solution connects all critical power, fuel and service delivery elements to consumers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The company is now leveraging its knowledge, modular product architecture, and core consumers to grow in other key markets, adding zero-emission highway vehicles, robotics, and knowledge centers.
Safe Harbor Statement
This communication comprises “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant threats and uncertainties related to Plug Power Inc. (“PLUG”), adding, but not limited to, statements about PLUG Expectations related to European expansion, revenue, expansion with GenKey consumers and its allocation financing platform. You are cautioned that such statements are not to be read as a guarantee of long-term functionality or effects, and will not necessarily be accurate indications of when, or from what, such functionality or effects will have been obtained. These statements are subject to threats and uncertainties that may also cause actual functionality or effects to differ materially from those expressed in such statements. In particular, threats and uncertainties include, but are not limited to, the threat that we will continue to incur losses and that we may never achieve or sustain the loss of profits; the threat that we will want to raise more capital to finance our operations and that this capital will not be available to us; the threat of dilution to our percentage shareholders and / or the percentage value if we want to raise more capital; the threat that our lack of in-depth delight in manufacturing and placing products on the market is possibly our ability to manufacture and market products on a successful advertising basis and on a giant scale; the threat that unit orders will not be shipped, installed, and / or converted to revenue, in whole or in part; the threat that the loss of one or more of our main consumers, or if one of our main consumers delays the payment of its accounts receivable or cannot pay its accounts receivable, an adverse effect of curtains can also result in our situation monetary; the threat that a sale of a significant number of percentages may also simply lower the market value of our non-unusual percentages; the threat that our senior convertible notes, if settled in cash, could also have a curtain effect on our currency effects; the threat that our convertible note will cover the charge of our senior convertible notes and non-unusual percentages; the threat that a similar negative exposure to our business or our movements may also have a negative effect on the burden of our movements and our loss of profits; the threat of possible losses similar to claims for loss of products or disputes against real; the threat of loss relevant to the ability to maintain an effective formula of internal controls; our ability to attract and retain key personnel; relevant threats with the use of flammable fuels in our products; the threat that pending orders will not become purchased orders, in whole or in part; the position and timing of expanding, placing on the market and promoting our products; threats of delay or failure to meet our product progression goals; our ability to secure financial arrangements to assist in the sale or lease of our products and facilities to consumers; our ability to achieve the expected gross margin on the sale of our products; the loading and availability of fuels and the refueling infrastructure of our products; threats, daily jobs and charges related to environmental, fitness and protection issues; the threat of ditching government subsidies and financial incentives for electrical products of choice; marketplace accepts acceptance of our products and facilities, adding the GenDrive, GenSure and GenKey formulas; our ability to identify and maintain relationships with third parties regarding product progression, manufacturing, distribution and majortenance, as well as the source of key product factors; the loading and availability of factors and portions of our products; the threat that any new listing of value will have an adverse effect on the drapery on our business; our ability to expand commercially viable products; our ability to reduce production and production costs; our ability to effectively market, accept, distribute and service our products and facilities abroad; our ability to improve the taste for the formula of our products; competitive factors, such as value festivals and festivals of other classic and select electric companies; our ability to protect our intellectual property; the threat of dependency and failure of data generation in our operations; the charge of complying with existing and long-term federal, state and foreign government regulations; our topicivity before lawsuits and legal compliance; relevant threats with possible long-term acquisitions; the volatility of our percentage value; and other threats and uncertainties discussed in our public filings with the Securities and Exchange Commission (the “SEC”).
To learn more about those and other hazards facing PLUG, view data contained in PLUG’s public archives with the SEC, adding the “Risk Factors” segment of the PLUG Annual Report on Form 10-K for the year ended December 31, 2019, and quarterly reports on Form 10-Q for quarters ended March 31, 2020 and June 30, 2020. You should take these points into account when comparing the forward-looking statements contained in this submission and not place undue reliance on such statements. Forward-looking statements are made as of the date hereby and PLUG assumes no legal responsibility to update such statements as a result of new data.