{"id":753082,"date":"2023-05-01T09:30:59","date_gmt":"2023-05-01T13:30:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\/"},"modified":"2023-05-01T09:30:59","modified_gmt":"2023-05-01T13:30:59","slug":"plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\/","title":{"rendered":"Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution"},"content":{"rendered":"<h2>\nNew Plug Stationary Fuel Cell System Solves Grid Limitations to get Electric Vehicles on the Road Faster<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">LATHAM, N.Y., May  01, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_iaJDsMi3TNHOiwV3-AD2rw7jCGZ9EmHgaA4eLqw43KsKKvrEzlLguEJ1CfCiSo8oA_6uGT30H2OJLitbVEKquwBMYP2hVP55Z8CIYijRHBX6qBQhymTyCPNKJ5xosxVKq38VhkAlov4tQdOScJQDQ==\" rel=\"nofollow noopener\" target=\"_blank\"><u>Plug Power Inc.<\/u><\/a> (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, unveiled a new high-power stationary fuel cell system for charging commercial electric vehicle (EV) fleets.<\/p>\n<p>Operators deploying commercial electric vehicles face many obstacles, from grid power capacity restrictions to clean power requirements to long waits for grid infrastructure upgrades and installations. As many operators are delaying or forgoing EV adoption due to these challenges, Plug provides operators with a new solution: a clean hydrogen-powered fuel cell system that cost effectively charges EV fleets, getting zero-emission EV vehicles deployed to meet fleet operator\u2019s sustainability and operational goals<\/p>\n<p>&#8220;As EV adoption increases dramatically over the next few years and electricity demand strains the grid, our new high-power fuel cell system will be a game changer for the EV industry,\u201d said Jose Luis Crespo, General Manager of Applications and Global Accounts for Plug. \u201cCustomers are approaching Plug for hydrogen power generation options, and we expect this offering to be one of the largest applications for stationary use this year.\u201d<\/p>\n<p>Plug has significant interest in this new solution from EV fleet owners such as delivery van fleets, rental car companies with battery EVs, and telecom providers with fleets of maintenance vehicles, as well as public charging networks and EV charger manufacturers.<\/p>\n<p>Plug\u2019s standard 18,000-gallon liquid hydrogen tank combined with its new megawatt-scale PEM fuel cell solution can provide over 60 megawatt hours (MWh) of instantaneous energy \u2013 enough to charge more than 600 EVs.<\/p>\n<p>To learn more about this latest <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PRQ3mvCN-MS4TigMfUbc2JqiCxCUQVgjRIxWDZCgPtxlpM7gL1liLZecH8PLm28rwXJ51LLSiqqQQnjP648QFqz7AHJAHIeYjFrR9V3T0oxRR351lmKoQmmVXE_eV3oQH4QkVH8KmQNduyczYyZ1SA==\" rel=\"nofollow noopener\" target=\"_blank\"><u>offering<\/u><\/a>, visit Plug from May 1-4, at the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NJMtA7jTkQVPN4IfJ0SbQuHZaOQ_MhsSOXlRvmz6YyYOnSG7lfpMPApDk8duoe5rX_QVeSbsZtqIV3M2LLPQWpckDp4VALHH9wzCmFFqrpRDlggKoGhrr7uyGcPTYPk5\" rel=\"nofollow noopener\" target=\"_blank\"><u>Advanced Clean Transportation (ACT) Expo<\/u><\/a> in booth #6611, where a 3D model of the fuel cell, hydrogen dispenser with simulated refueling, and fuel cell-powered HYVIA delivery van will be on display.<\/p>\n<p>\n        <strong>About Plug<\/strong><br \/>\n        <br \/>Plug is building an end-to-end green hydrogen ecosystem, from production, storage and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially viable market for hydrogen fuel cell technology, the company has deployed more than 60,000 fuel cell systems and over 180 fueling stations, more than anyone else in the world, and is the largest buyer of liquid hydrogen. With plans to build and operate a green hydrogen highway across North America and Europe, Plug is building a state-of-the-art Gigafactory to produce electrolyzers and fuel cells and multiple green hydrogen production plants that will yield 500 tons of liquid green hydrogen daily by 2025. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple environments, including material handling, e-mobility, power generation, and industrial applications. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Mce0q8SNbBL0EUUxRvKt92hVNn1TVe9k3-I8LKaonV8Fd66jPJoXjU-kOOlMWu5WwqBY-FKc0ckXmj30QIXD3dtOUA2QR6KXUwCEuy1WnBSeguYtFO38Ul8PdpYdHBis5y38OvuJqcFORqARtsWke26v6JHjb_SkgJGPMBu13RGXYTB7DK5HG1RO6FBJE2B7d6FSBVKhUBvjWonxXTp32wVnOfbEubcad45z8oCDr00=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.plugpower.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Plug Safe Harbor Statement <\/strong>\n      <\/p>\n<p align=\"justify\">This communication contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (\u201cPLUG\u201d), including but not limited to statements about: the dramatic increase in EV adoption over the next few years; anticipated interest in Plug\u2019s new high-power fuel cell system from EV fleet owners, as well as public charging networks and EV charger manufacturers. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG\u2019s public filings with the Securities and Exchange Commission (the \u201cSEC\u201d), including the \u201cRisk Factors\u201d section of PLUG\u2019s Annual Report on Form 10-K for the year ended December 31, 2022 and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.<\/p>\n<p>\n        <strong>MEDIA CONTACT<\/strong><br \/>\n        <br \/>Caitlin Coffee <br \/>Allison+Partners <br \/><u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JpScBS9_goU4Pz5cySgGZCPq_liOsze4wnlNQqhVNZrGFIFjHSe2d6wIh_c5KolnSPfuV6onj5qLg3p_6bf0Eh_x9YMaKLJe7dI5bMTODHA=\" rel=\"nofollow noopener\" target=\"_blank\">plugPR@allisonpr.com<\/a><\/u><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyODc3NiM1NTY2MzE0IzIwMTYzMzM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MzZiZGVkNTItMTQwMS00NmQ3LWFjZTktZTk5N2NkNzhjOGRmLTEwMjc5MDY=\/tiny\/Plug-Power-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Plug Stationary Fuel Cell System Solves Grid Limitations to get Electric Vehicles on the Road Faster LATHAM, N.Y., May 01, 2023 (GLOBE NEWSWIRE) &#8212; Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, unveiled a new high-power stationary fuel cell system for charging commercial electric vehicle (EV) fleets. Operators deploying commercial electric vehicles face many obstacles, from grid power capacity restrictions to clean power requirements to long waits for grid infrastructure upgrades and installations. As many operators are delaying or forgoing EV adoption due to these challenges, Plug provides operators with a new solution: a clean hydrogen-powered fuel cell system that cost effectively charges EV fleets, getting zero-emission EV vehicles &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-753082","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Plug Stationary Fuel Cell System Solves Grid Limitations to get Electric Vehicles on the Road Faster LATHAM, N.Y., May 01, 2023 (GLOBE NEWSWIRE) &#8212; Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, unveiled a new high-power stationary fuel cell system for charging commercial electric vehicle (EV) fleets. Operators deploying commercial electric vehicles face many obstacles, from grid power capacity restrictions to clean power requirements to long waits for grid infrastructure upgrades and installations. As many operators are delaying or forgoing EV adoption due to these challenges, Plug provides operators with a new solution: a clean hydrogen-powered fuel cell system that cost effectively charges EV fleets, getting zero-emission EV vehicles &hellip; Continue reading &quot;Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-01T13:30:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyODc3NiM1NTY2MzE0IzIwMTYzMzM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution\",\"datePublished\":\"2023-05-01T13:30:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/\"},\"wordCount\":690,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgyODc3NiM1NTY2MzE0IzIwMTYzMzM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-power-charged-up-about-new-commercial-electric-vehicle-charging-solution\\\/\",\"name\":\"Plug Power Charged Up About New Commercial Electric Vehicle Charging Solution - 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