Amazon Weighs $600M Deal for 23% Stake in Plug Power

Amazon Weighs $600M Deal for 23% Stake in Plug Power

Amazon, already a huge player in the solar industry, has agreed to a contract with Latham, New York-based fuel cell manufacturer Plug Power that could total $600 million and give the online retail giant a substantial stake – up to 55.3 million common shares – in the company, the Albany Times Union report on April 5.

Uline to Operate 130 GenDrive Fuel Cell Units from Plug Power

Uline to Operate 130 GenDrive Fuel Cell Units from Plug Power

Uline, a distributor of shipping and packaging materials to businesses, is Plug Power’s newest GenKey customer. The initial deployment of GenDrive units will be powering the forklift fleet at one of Uline’s distribution centers in Pleasant Prairie, Wisconsin. Additionally, Uline will deploy a second fleet … Read more…

Plug Power Sells 177 Fuel Cell Units to Big Box Retailer

Plug Power Sells 177 Fuel Cell Units to Big Box Retailer

Plug Power says an unnamed big box retailer purchased a comprehensive GenKey hydrogen and fuel cell system to power the retailer’s material handling fleet in its new distribution warehouse constructed in Troy Township near Toledo, Ohio. Home Depot recently built a distribution warehouse in Troy … Read more…

2G Cenergy Launches Hydrogen Fueled CHP System

2G Cenergy Launches Hydrogen Fueled CHP System

2G Cenergy has launched a dedicated hydrogen-fueled combined heat and power (CHP) system, Business Energy reports. The first two 2G Cenergy units have been deployed at an energy station within the Berlin Brandenburg Willy Brandt Airport in Germany. Each unit is capable of an output … Read more…

Plug Power Wins Contract with FreezPak Logistics

Plug Power Wins Contract with FreezPak Logistics

FreezPak Logistics has selected Plug Power’s GenKey fuel cell-cell system for lift trucks and hydrogen re-fueling system for its new cold storage distribution center freezer warehouse under construction in Carteret, New Jersey. The GenKey deployment includes 25 GenDrive fuel cells, a GenFuel outdoor hydrogen storage … Read more…

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