Plug Power Inc., a leader in providing clean, reliable energy solutions, today highlighted strong fuel cell and hydrogen infrastructure shipments and installations in the second quarter of 2015 allowing for a record revenue quarter.
The company is on track to achieve its previously announced 2015 financial targets.
Plug Power’s flagship fuel cell product, GenDrive, displaces lead-acid batteries to power electric lift trucks. The company shipped 888 GenDrive units during the quarter to customers. This compares to 419 GenDrive units shipped in the first quarter of 2015 and 687 in the second quarter of 2014.
Plug Power continues to lead the way in building new hydrogen storage and dispensing infrastructures. In the second quarter of 2015, the company built four new GenFuel sites and made construction progress on an additional four hydrogen fueling stations in North America intended for completion in the third quarter.
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