Blog

Posted: February 2, 2017

Clarification on Recent Private Sale of Series C Preferred Stock

By Andy Marsh, President & CEO There seems to be confusion about a transaction that occurred earlier this week.  An affiliate of one of our board members purchased approximately half of Air Liquide’s remaining stake in the Series C Preferred stock.  This was done at the market price of about $1.18 per common share equivalent ...

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Posted: February 1, 2017

Plug Power Shines Brightly on Alcatraz Island National Park

By Darin Painter, Executive Director for Sales, Stationary California’s Alcatraz Island has a rich and robust history.  Once a Civil War fortress and infamous federal prison, it is now a national park serving approximately 5,000 visitors each day.  This means that any maintenance activities typically occur in the evenings, after the tourists have left. Plug ...

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Posted: January 25, 2017

Plug Power’s new Chicago facility Drives Value for Midwest Customers

By Joe Blanchard, Vice President of Services January in Chicago is typically cold, windy and snowy, inspiring hibernation until Spring. But not for Plug Power, where we pride ourselves on our commitment to great customer service.  For that reason, we’ve been hard at work in Plug Power’s newest facility, our new sales, service and training ...

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Posted: January 18, 2017

Plug Power Represents Proven Hydrogen Fuel Cell Success at World Economic Forum

“We live in a fast-paced and interconnected world where breakthrough technologies, demographic shifts and political transformations have far-reaching societal and economic consequences. More than ever, leaders need to share insights and innovations on how to best navigate the future.” ~ The World Economic Forum The 2017 World Economic Forum (WEF) Annual Meeting in Davos-Klosters has ...

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Posted: December 30, 2016

Financing 101 – How we Turned $30 million into $50 million

Paul Middleton, CFO No, Plug Power does not print money, but we did have a very specific strategy when we raised the recent equity round of financing. The raise was done as part of a series of transactions to enhance our liquidity profile, and have us exit 2016 in a strong position for continued growth ...

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Posted: December 6, 2016

Plug Power’s Impact to the Greater-Hydrogen Fuel Cell Market

By: Andy Marsh, CEO of Plug Power Some things are undeniable facts. Like the fact that Plug Power has more than 13,000 fuel cell systems powering more electric vehicles with hydrogen than anyone in the world. And, like the fact that Plug Power customers perform 10,000 hydrogen fuelings every day in commercial applications on Plug ...

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