Plug Power (NASDAQ:PLUG) Inc. is a clean-energy technology company that develops and supplies hydrogen and fuel-cell solutions. Its products include fuel-cell systems and engines for material-handling equipment, backup and stationary power, and other commercial and industrial applications. The company also provides electrolyzers for producing hydrogen, along with hydrogen generation, liquefaction, storage, and delivery services.
Plug Power serves customers in material handling, transportation, power generation, and industrial markets. Its offerings are designed to support the use of hydrogen as an alternative energy source for forklifts, vehicles, data centers, manufacturing facilities, and other applications. The company operates primarily in North America and Europe and has pursued an integrated hydrogen supply model that combines equipment, infrastructure, and fuel services.
Founded in 1997 and headquartered in Latham, New York, Plug Power expanded its capabilities through acquisitions and partnerships in hydrogen production, electrolyzer technology, and related engineering services. Andy Marsh has served as the company’s chief executive officer and has been closely associated with its development as a provider of hydrogen and fuel-cell systems.
