Plug Power Inc., provider of energy solutions, has confirmed a new collaborative agreement with Walmart to facilitate further expansion of its ongoing relationship with Walmart Stores, Inc.
Plug Power expects to provide its GenKey hydrogen (H2) fuelling station and fuel cell energy solutions to up to 30 additional Walmart sites in North America over the next three years, with 10 sites already under contract and scheduled to be finished by the end of 2017.
The value of these 2017 commitments is expected to be around $80m. On average, Plug Power has deployed a new Walmart site every six weeks since 2014, resulting in a deployed fleet of 5500 Plug Power fuel cells at 22 of Walmart’s US distribution centres as of the end of 2016.
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