Copyright (C) 2020 GLOBE NEWSWIRE. For additional disclosure regarding these and other risks faced by PLUG, see disclosures contained in PLUG's public filings with the SEC including, the "Risk Factors" section of PLUG's Annual Report on Form 10-K for the year ended December 31, 2019.
Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. This new customer continues Plug Power's growth in Europe and represents the first deployment at scale of hydrogen fuel cell technology for material handling within the United Kingdom. PLUG - Plug Power Inc. Plug Power's vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. (GLOBE NEWSWIRE via COMTEX) --
Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. Its fuel cell system solution is designed to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some distribution and manufacturing businesses. Find real-time PLUG - Plug Power Inc stock quotes, company profile, news and forecasts from CNN Business. Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. Chart, Quote and financial news from the leading provider and award-winning BigCharts.com. Their focus on making their organization more environmentally-friendly makes Asda an ideal partner, and we're optimistic that this deployment is just the start of a long and fruitful relationship." Find the latest Plug Power, Inc. (PLUG) stock quote, history, news and other vital information to help you with your stock trading and investing.
You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Represents UK's First Scale Fuel Cell Deployment
In particular, the risks and uncertainties include, among other things, the risk that we continue to incur losses and might never achieve or maintain profitability; the risk that we will need to raise additional capital to fund our operations and such capital may not be available to us; the risk that our lack of extensive experience in manufacturing and marketing products may impact our ability to manufacture and market products on a profitable and large-scale commercial basis; the risk that unit orders will not ship, be installed and/or converted to revenue, in whole or in part; the risk that pending orders may not convert to purchase orders, in whole or in part; the risk that a loss of one or more of our major customers could result in a material adverse effect on our financial condition; the risk that a sale of a significant number of shares of stock could depress the market price of our common stock; the risk that negative publicity related to our business or stock could result in a negative impact on our stock value and profitability; the risk of potential losses related to any product liability claims or contract disputes; the risk of loss related to an inability to maintain an effective system of internal controls or key personnel; the risks related to use of flammable fuels in our products; the cost and timing of developing, marketing and selling our products and our ability to raise the necessary capital to fund such costs; the ability to achieve the forecasted gross margin on the sale of our products; the risk that our actual net cash used for operating expenses may exceed the projected net cash for operating expenses; the cost and availability of fuel and fueling infrastructures for our products; market acceptance of our products, including GenDrive, GenSure and GenKey systems; the volatility of our stock price; our ability to establish and maintain relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of components and parts for our products; our ability to develop commercially viable products; our ability to reduce product and manufacturing costs; our ability to successfully expand our product lines; our ability to successfully expand internationally; our ability to improve system reliability for our GenDrive, GenSure and GenKey systems; competitive factors, such as price competition and competition from other traditional and alternative energy companies; our ability to protect our intellectual property; the cost of complying with current and future federal, state and international governmental regulations; risks associated with potential future acquisitions; and other risks and uncertainties referenced in our public filings with the Securities and Exchange Commission (the "SEC").
Plug Power's vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, …
The company's innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. "We've seen firsthand what a difference hydrogen fuel cell adoption has made for our parent company.
This group thinks it has the $2 trillion answers MarketWatch… Post-Market 0.28 (2.17%) Plug Power stock price target raised to $8 from $6 at Oppenheimer MarketWatch. Plug Power Inc. Launches First Ever Convertible Green Bond Offering in the US to Fund Company's Hydrogen Strategy Globe Newswire 07:08 AM ET Plug Power Inc. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power stock price target raised to $8.50 from $7.00 at Canaccord Genuity MarketWatch. Plug Power created the first commercially viable market for hydrogen fuel cell (HFC) technology. 10:55 AM ET. Since his initiation last month at $4.17 a share, Plug Power’s stock (ticker: PLUG) rose to an intraday high of $10.49 this week before settling back to $9.50 at Wednesday’s close.
Founded in 1949, Asda currently ranks as the UK's third-largest supermarket retailer with a market share of over 15 percent, and annual revenues of more than �20 billion. Announces Private Offering of $200 Million of Convertible Senior Notes Globe Newswire As a result, the company has deployed over 32,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. More All rights reserved.
Asda is a wholly-owned subsidiary of the multinational retailer Walmart Inc., which itself is a longtime Plug Power customer and a global leader in fuel cell adoption and commercialization in the supply chain and logistics market. Plug Power stock price target raised to $8 from $6 at Oppenheimer MarketWatch. Plug Power's stock soars toward 6-year high, as analysts boost targets after 'savvy' deals closed MarketWatch.
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