Plug Power has provided a business update stating that it is well-positioned to leverage its industry leadership to capture a share of the $10 trillion hydrogen economy.
Within the business update the provider of hydrogen fuel cells solutions highlighted several recent projects and strategic partnerships that the company is leveraging to enter deeper into the lucrative market.
The company’s agreement with BAE systems, a premier supplier and integrator of low and zero-emission electric propulsion systems and application integration, will see both collaborate on supplying zero emission powertrains to heavy-duty transit buses.
Plug Power will integrate its ProGen fuel cell engines into BAE systems’ smart electric drive systems in North America, providing hydrogen and refuelling infrastructure to end-customers’ use points.
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