Plug Power, a New York-based manufacturer of hydrogen fuel cell systems, has reported its quarter three (Q3) results with gross billings totalling $61m.
During Q3 2019, 68% of Plug Power’s gross billings were associated with the company’s subscription programme where customers pay a fee on a monthly basis to access Plug Powers fuel system solutions.
Adjusted EBITDA for the quarter was $2.5.
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