Hydrogen economy

Plug Power Receives Expected Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

Retrieved on: 
Thursday, March 18, 2021

The Nasdaq notification letter has no immediate effect on the listing or trading of Plug Powers common stock on the Nasdaq Capital Market.

Key Points: 
  • The Nasdaq notification letter has no immediate effect on the listing or trading of Plug Powers common stock on the Nasdaq Capital Market.
  • Nasdaq indicated that the Company has 60 calendar days, or until May 17, 2021, to file the 2020 Form 10-K with the SEC.
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions.
  • Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs.

Shareholder Alert: Robbins LLP Reminds Investors with Losses in Excess of $500,000 of the Lead Plaintiff Deadline in the Class Action Against Plug Power, Inc. (PLUG)

Retrieved on: 
Thursday, March 18, 2021

Plug Power provides comprehensive hydrogen fuel cell turnkey solutions focused on systems used to power electric motors in the electric mobility and stationary power markets.

Key Points: 
  • Plug Power provides comprehensive hydrogen fuel cell turnkey solutions focused on systems used to power electric motors in the electric mobility and stationary power markets.
  • If you suffered a loss in excess of $500,000 due to Plug Power, Inc.'s misconduct, click here .
  • According to the complaint, on November 9, 2020, Plug Power reported its third quarter 2020 financial results in a letter posted on its website.
  • On February 25, 2021, Plug Power released its fourth quarter and full year 2020 financial results on its website.

California Energy Commission awards Sierra Northern Railway Team nearly $4,000,000 to build and test Hydrogen Switcher Locomotive

Retrieved on: 
Thursday, March 18, 2021

SACRAMENTO, Calif., March 18, 2021 /PRNewswire/ -- The California Energy Commission yesterday voted to award Sierra Northern Railway and GTI nearly $4,000,000 to fund the design, integration, and demonstration of a hydrogen fuel cell switching locomotive.

Key Points: 
  • SACRAMENTO, Calif., March 18, 2021 /PRNewswire/ -- The California Energy Commission yesterday voted to award Sierra Northern Railway and GTI nearly $4,000,000 to fund the design, integration, and demonstration of a hydrogen fuel cell switching locomotive.
  • The funds will be used to retire a tier 0 diesel locomotive and to replace it with a zero-emission switching locomotive using advanced hydrogen technology.
  • "We are pleased to partner with this great team to build and test this innovative zero emission switching locomotive.
  • Sierra Northern Railway is the technical lead and has partnered with GTI as the formal applicant to the California Energy Commission.

Fuel Cell Electric Vehicles Powered by Ballard Have Now Driven Over 75 Million Kilometers - Enough to Circle the Globe 1,870 Times

Retrieved on: 
Thursday, March 18, 2021

This includes more than 3,400 fuel cell electric buses and commercial trucks.

Key Points: 
  • This includes more than 3,400 fuel cell electric buses and commercial trucks.
  • Approximately 80% of the more than 75 million kilometers has been achieved in FCEVs deployed in China, with the remaining vehicles deployed in Europe and North America.
  • Dr. Kevin Colbow, Ballard CTO said, "Ballard has industry-leading field experience in powering commercial vehicles, as evidenced by this 75-million-kilometer milestone.
  • Ballard Power Systems' (NASDAQ: BLDP) (TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet.

GORE-SELECT® Membrane Honored By Toyota

Retrieved on: 
Thursday, March 18, 2021

Toyota Project Award Technology Section recognizes unique GORE-SELECT Membrane technology that enhances the performance of the all-new 2021 MIRAI.

Key Points: 
  • Toyota Project Award Technology Section recognizes unique GORE-SELECT Membrane technology that enhances the performance of the all-new 2021 MIRAI.
  • TOKYO, March 18, 2021 /PRNewswire/ --W. L. Gore & Associates is pleased to announce that its GORE-SELECT Membrane received Toyota Motor Corporation's prestigious Project Award in the Technology Section.
  • It incorporated GORE-SELECT Membrane as its PEM (proton exchange membrane) the core material of its fuel cell stack.
  • For Toyota, the improved GORE-SELECT Membrane meant the new MIRAI could have a more compact, higher-performance fuel cell stack with better durability and lower system cost.

Labor SMART, Inc.’s Takeover Industries Signs MOU, to form Joint Venture with H2ForLife

Retrieved on: 
Wednesday, March 17, 2021

Through this Joint Venture, Labor Smart, Inc., via its wholly owned subsidiary, Takeover Industries Inc., will secure a minority equity stake in Faith Springs LLC, and be granted the exclusive rights to market, sell and promote all hydrogen water products Powered by H2forLife technology via a two-year contract.

Key Points: 
  • Through this Joint Venture, Labor Smart, Inc., via its wholly owned subsidiary, Takeover Industries Inc., will secure a minority equity stake in Faith Springs LLC, and be granted the exclusive rights to market, sell and promote all hydrogen water products Powered by H2forLife technology via a two-year contract.
  • The end result is a unique premium hydrogen water for consumers who desire improved mental clarity, accelerated physical recovery, and overall wellness through oxidative stress relief.
  • Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products.
  • More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with OTC Markets.com.

Plug Power Continues Executing on its Green Hydrogen Strategy with Purchase of Hydrogen Liquefaction System from Chart Industries

Retrieved on: 
Wednesday, March 17, 2021

This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.

Key Points: 
  • This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.
  • This order includes the supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays.
  • The liquefication system will utilize gaseous hydrogen from Plug Powers in-house electrolyzers and renewable electricity.
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions.

Plug Power CEO and CSO to Present at March 17 and March 18 Investor Conferences

Retrieved on: 
Wednesday, March 17, 2021

Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions.

Key Points: 
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions.
  • Plug Power created the first commercially viable market for hydrogen fuel cell (HFC) technology.
  • Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs.
  • Plug Powers 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.

Plug Power to Restate Previously Issued Financial Statements

Retrieved on: 
Tuesday, March 16, 2021

LATHAM, N.Y., March 16, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider ofturnkeyhydrogen solutions building the global green hydrogen economy, announced today that it will restate its previously issued financial statements for fiscal years 2018 and 2019 and its quarterly filings for 2019 and 2020, which will be disclosed in the Form 10-K for the year ended December 31, 2020 (the Prior Period Financial Statements).

Key Points: 
  • LATHAM, N.Y., March 16, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider ofturnkeyhydrogen solutions building the global green hydrogen economy, announced today that it will restate its previously issued financial statements for fiscal years 2018 and 2019 and its quarterly filings for 2019 and 2020, which will be disclosed in the Form 10-K for the year ended December 31, 2020 (the Prior Period Financial Statements).
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions.
  • Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs.
  • These statements include, but are not limited to, statements regarding the Companys expectations regarding future gross billings, the nature and extent of the accounting changes and errors and the expected impact of the accounting changes and the restatement on the Companys prior and future financial statements, financial position and results of operation.

Black & Veatch: Hydrogen Economy Taking Shape as Decarbonization Planning, Investments Accelerate

Retrieved on: 
Tuesday, March 16, 2021

Based on the expertise and insights of Black & Veatchs market, technology and infrastructure experts, the eBook explores the need to develop hydrogen infrastructure to help accelerate global carbon emissions reductions in the current decade.

Key Points: 
  • Based on the expertise and insights of Black & Veatchs market, technology and infrastructure experts, the eBook explores the need to develop hydrogen infrastructure to help accelerate global carbon emissions reductions in the current decade.
  • Although this effort will have its challenges, lessons from the renewable energy market provide a roadmap for rapid adoption.
  • Hydrogen will play a pivotal role in tomorrows energy systems and we need serious investment in hydrogen today to achieve a shared vision for a more sustainable planet.
  • The eBook also references the 60-percent projected fall in cost of low-carbon and/or renewable hydrogen production by 2030 as outlined by the Hydrogen Council , which Black & Veatch recently joined .