Plug Power Receives $6 Million for Fuel Cell Market Transformation

Plug Power, Latham, N.Y., has announced that they have received more than $6 million in awards from the United States Department of Energy (DOE) for fuel cell market transformation programs. The funding will be used to integrate Plug Power’s fuel cell solutions into material handling, residential, and stationary power applications.

Additionally, nine programs were awarded to the company’s customers for DOE market transformation projects, totaling over 304 GenDrive units deployed into the field. Replacing lead acid batteries in electric lift trucks, these product installations will allow for fleet conversions within warehouses and distribution centers in Arkansas, Colorado, Ohio, Pennsylvania, South Carolina, and Texas.

“These awards move commercial customers beyond field trials to full fleet conversions,” said Tony Troutt, director of sales at Plug Power. “Strong support from large customers in diverse industries will drive rapid market adoption.”

“We appreciate the DOE’s investment and commitment to fuel cell technology,” said Katrina Fritz Intwala, vice president of government and public relations. “Their vision and leadership has facilitated expansion and growth within the industry. This will allow companies like Plug Power and its customers to deploy exciting alternative energy products and accelerate the growth of green jobs.”