Marsh to present on hydrogen fuel cell solutions addressing motive and stationary power applications
LATHAM, N.Y.— Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, is participating in a United Nations side event hosted by ROTH Capital Partners today, October 4, 2019. Plug Power’s CEO Andy Marsh will address UN delegates and Secretariat as well as the private sector and academia representatives. Marsh will showcase the short and long term potential of hydrogen fuel cells in helping member countries achieve the UN Sustainable Development Goals (SDG) by 2030.
Plug Power is the global industry leader in hydrogen and fuel cell systems, thus far achieving unmatched accomplishments. Having deployed more than 28,000 fuel cell engines into mobility equipment today, the Company is facilitating and benefiting from paradigm shifts in the transportation and energy industries.
Hydrogen fuel cells generate only heat and water as a byproduct of energy generation, allowing users to dramatically reduce the greenhouse gas emissions of their businesses. Marsh’s presentation will not only showcase Plug Power’s proven success in the United States with customers such as Walmart, Amazon, and BMW, but also internationally with users including DHL, Engie and CHEM.
According to the Fuel Cells and Hydrogen Energy Association, cars and trucks account for nearly one-fifth of all U.S. carbon emissions, releasing 24 pounds of carbon dioxide and other global-warming gases for every gallon of gasoline used. “In an electrified world, hydrogen fuel cells make a lot of sense in applications that require high-asset utilization,” said Andy Marsh, CEO for Plug Power. “Hydrogen fuel cells can make a significant impact on meeting SDGs from an environmental and economic perspective.”
“A global hydrogen vision set by The Hydrogen Council estimates that by 2050 hydrogen will support 19% of global energy demand, creating 45 million jobs,” continued Marsh. “As the world moves to electric solutions, hydrogen and fuel cell power will become increasingly important to achieving sustainability goals.”
According to Jesse Pichel, Managing Director of Cleantech Investment Banking at ROTH Capital Partners and also a Board Member of NGO Sustainability Inc., “Traditionally business has been the engine of economic, technological, and social progress, while increasingly contributing to social causes. There is growing consensus that private sector engagement is an indispensable tool for most effective outcomes.”
For more information about this event, please send your name, email and affiliation to: [email protected].
About Plug Power Inc.
The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, Plug Power replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.
Extending its reach into the on-road electric vehicle market, Plug Power’s ProGen platform of modular fuel cell engines empowers OEMs and system integrators to rapidly adopt hydrogen fuel cell technology. ProGen engines are proven today, with thousands in service, supporting some of the most rugged operations in the world. Plug Power is the partner that customers trust to take their businesses into the future. Learn more at www.plugpower.com.