Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Game changer!!
13,500 industrial vehicles over three years is a big deal!
All using PP fuel cell engines and hydrogen infrastructure!
Should be a good day for PLUG.
Good presentation and worth the listen. Provides updates on new and existing market opportunities.
I'm hearing "China" a lot lately.
http://wsw.com/webcast/ch6/plug/
Additional debt reductions at a discount as well.
8k filed
Projects 11 and 17 are relevant to PLUG Power.
https://www.hydrogen.energy.gov/pdfs/review16/2016_amr_10_market_transformation.pdf
FuelCell Energy and ExxonMobil Announce Location for Fuel Cell Carbon Capture Pilot Plant
http://www.businesswire.com/news/home/20161027005404/en/FuelCell-Energy-ExxonMobil-Announce-Location-Fuel-Cell
Couldn't agree more!
L.A. Metro Receives $10.5M Federal Grant for 30 “Near-Zero” Emission CNG Buses
http://www.masstransitmag.com/press_release/12273300/metro-receives-105-million-federal-grant-for-30-near-zero-emission-compressed-natural-gas-buses-for-south-bay-gateway-cities-bus-lines
FuelCell Energy (FCEL) Says Beacon Falls Energy Park Project Not Selected for New England Clean Energy RFP
http://www.streetinsider.com/Corporate+News/FuelCell+Energy+(FCEL)+Says+Beacon+Falls+Energy+Park+Project+Not+Selected+for+New+England+Clean+Energy+RFP/12162889.html
Blog
PLUG POWER GENSURE PROVIDES POWER HIVE FOR STONE EDGE FARM MICRO-GRID
http://www.plugpower.com/
http://www.politico.com/tipsheets/morning-tax/2016/09/jct-finds-300-billion-216609
RETURN OF THE EXTENDERS: As Congress left for the November elections, Senate Majority Leader Mitch McConnell confirmed what many had suspected: that tax extenders will once again be on lawmakers’ agendas when they return in November. Many lawmakers, particularly House Republicans, had hoped that a massive tax cut package last December had finally put the long-running ritual to rest. But Democrats have complained all year that some energy-related provisions had been inadvertently left out, and said they had a promise from McConnell that they’d be addressed sometime this year. The Republican leader seemed to confirm that yesterday, telling reporters: “We’re committed to taking a look at that before the end of the year,” he told reporters. That will surely open the floodgates to demands to attach all sorts of other tax provisions. The Senate Finance Committee has a roster of retirement breaks it recently approved, House Republicans recently OK'd a batch of miscellaneous provisions and don’t forget there’s dozens of extenders Congress renewed last year now due to expire at the end of this year. Among them: breaks for mortgage forgiveness, energy-efficient homes, racehorse owners, and film productions.
Read more: http://www.politico.com/tipsheets/morning-tax/2016/09/jct-finds-300-billion-216609#ixzz4M7o6VRP4
Follow us: @politico on Twitter | Politico on Facebook
New blog post
5 EVOLUTIONS IN FUEL CELLS FOR TELECOM
http://www.plugpower.com/
http://www.plugpower.com/2016/10/plug-power-targets-commercial-adoption-through-hydrogen-infrastructure-innovation/
Plug Power Targets Commercial Adoption through Hydrogen Infrastructure Innovation
National Hydrogen and Fuel Cell Day (10.08) was created to help raise awareness of a
hydrogendaylogo_transparentbackground
clean energy technology that is here now. This product development highlights real-world applications for these solutions, today.
We’re celebrating all week – don’t miss our blog series about how Plug Power and its industry partners are changing the way the world moves.
Plug Power Targets Commercial Adoption through Hydrogen Infrastructure Innovation
By Tim Cortes, VP Hydrogen Energy Systems
For Plug Power to become the undeniable fuel cell technology leader, it’s taken significant dedication and innovation from all areas of the company. That effort has turned GenDrive fuel cells into a superior alternative to lead-acid batteries in forklift trucks and other industrial vehicles.
As little as five years ago, GenDrive customers were required to manage a significant construction project to make the conversion to a hydrogen enabled industrial truck fleet. This work to build out a hydrogen fueling station involved multiple parties and was a costly, inefficient and lengthy process. h2infrastructure
But that’s the past.
Our R&D and product development teams have been focused on improving hydrogen fueling station technology and product options.
The first step Plug Power took to change that model was the development of GenFuel – its turnkey hydrogen fueling station solution, including hydrogen storage, dispensing and fuel products.
We’ve discussed GenFuel fueling station components in the past (here’s the blog, in case you missed it!). But, at the close of 2015 Plug Power’s CEO, Andy Marsh, challenged the engineering and manufacturing team to improve our hydrogen fueling system products, removing the challenges, shortening the lead time, and reducing the costs with hydrogen fueling station installation.
The team responded to this challenge by designing an integrated hydrogen fueling infrastructure “system” – in less than four months. Built at Plug Power headquarters in Latham, New York, the integrated fueling system enables the company to install a hydrogen fueling station at a new customer location in less time than before, and at a fraction of the cost.skid
The Plug Power integrated fueling system has taken many system elements (about 80 percent of critical components) that were field-assembled and integrated them into a single system assembly that is factory-tested prior to shipment. This allows for a repeatable, controlled, high quality build in a manufacturing environment.
While some of the installation time is dictated by a facility’s local authorities and associated permitting, completion time from the start of onsite construction has been reduced by approximately 25 percent and will continue to be reduced with the experience we gain as more systems are installed. This not only increases customer satisfaction, but significantly reduces costs as well.
…And, there’s one more thing!!…freezerfuel
With the development of this in-house integrated fueling system, Plug Power is now able to properly scale a hydrogen site for the customer’s demand. Smaller-truck fleets require less hydrogen – a cost-bottleneck that held up deals in the past. But now, Plug Power is able to streamline the hydrogen fueling station offering and attract customers who operate as little as 25 trucks – like FreezPak and Dietz and Watson. These advances in cost and flexibility will improve the ROI for our larger customers too, as well as enable new markets for hydrogen and fuel cells.
The integrated fueling system is a critical element of Plug Power’s GenFuel turnkey hydrogen fueling station solutions. It is a great example of the company’s continuing innovation as we seek to make hydrogen fuel cells the highest productivity, sustainable power solution for every warehouse and distribution center.
Looking forward, our team will continue to build upon this innovation by finding new ways to improve the performance and reduce the costs of delivering sustainable and economical hydrogen. This is a long term opportunity to expand our hydrogen fueling business and help enable large new markets in industrial, commercial and consumer motive power applications. #InfiniteDrive
Posted: October 3, 2016 in Blog
CLNE mentioned in this article.
http://ngtnews.com/nations-capital-to-deploy-100-heavy-duty-new-flyer-cng-buses/
Don't care, the post was intended for those that might be.
In case you need a picture.
http://www.plugpower.com/
Link isn't working quite right. I am specifically referring the publication numbered
20140080026 and titled
Energy Storage and Supply System......
This is a pretty wordy and technical document but this inventor was specifically mentioned on the PLUG blog.
The patent application details the concept of liquid organic hydrogen storage and is quite interesting.
We know that PLUG execs met with the group that is working on this technology during the China visit.
http://patents.justia.com/inventor/hansong-cheng
Who's the dude standing next to Marsh? (In the jacket - sales guy, engineer, counsel, interpreter)
May give us a clue as to the nature of the visit.
THUMBS OUT FOR TAX EXTENDERS SEEKING A RIDE: There’s an intense push from lawmakers and lobbyists to extend tax incentives for a variety of energy technologies before the end of the year, and the number of requests is ballooning, Pro’s Esther Whieldon reports. Last year’s mega-omnibus extended the solar investment tax credit for five years, but said nothing about investment credits for hybrid solar lighting, fuel cells, small wind, geothermal heat pumps, microturbines and combined heat and power systems — all of which are scheduled to expire at the end of this year. Democrats say they secured an agreement from GOP leadership to extend those "orphaned" credits this year, and a lame duck session now seems like the most likely venue to do so. “I think given the way the water currents are moving, it's more likely to be part of an end of the year bill," said Sen. Ron Wyden (D-Ore.), the ranking Democrat on the Senate Finance Committee, said of the orphaned tax extenders. Backers of several other tax credits also are angling to get their items into a potential year-end package.
Read more: http://www.politico.com/tipsheets/morning-energy/2016/09/steyer-ups-ante-in-fall-elections-216442#ixzz4Ktu9FaPy
Wonder why this company was specifically mentioned in the PR.
http://www.dfmc.com.cn/info/introduce_en.aspx
FedEx chair "it won't be the last" referring to the OKC installation.
http://liveonweb.ttnews.com/
Believe that was Taiwan.
Marsh is in China, perhaps we will get an announcement soon of a BLDP type deal.
http://finance.yahoo.com/news/plug-power-ceo-andy-marsh-110000699.html
Again, in the interest of accuracy, and transparency.
There are certainly shares being issued into the float and we just got another "notice of intent" to add an additional approx 10 million shares. ($35 million worth) so dilution is no doubt a serious issue.
https://www.sec.gov/Archives/edgar/data/1368265/000110465916143994/a16-16237_38k.htm
As of August 2, 2016, there were 131,188,075 shares of the registrants common stock issued and outstanding.
https://www.sec.gov/Archives/edgar/data/1368265/000136826516000030/clne-06302016x10q.htm
As of July 29, 2015, there were 90,560,410 shares of the registrants common stock issued and outstanding.
https://www.sec.gov/Archives/edgar/data/1368265/000110465915056506/a15-12049_110q.htm
In the interest of accuracy.
Operations: Republic operates a fleet of nearly 2,500 Compressed Natural Gas (CNG)-powered vehicles, which represents approximately 16 percent of its entire vocational fleet. According the U.S. Environmental Protection Agency (EPA), the benefits of Republic's CNG-powered fleet are equal to planting approximately 10.7 million trees annually.
http://www.waste360.com/business-operations/republic-services-releases-2015-sustainability-report
More detail here...33% of new equipment.
https://www.republicservices.com/cms/documents/2015-sustainability-report.pdf
I was actually more impressed with the info released not so long ago that they
Fuel 44,000 trucks,
Service 1,000 fleet operators,
Own,operate, or service 570 stations.
All those 100 truck additions equate to a large snowball at the top of a very large hill.
Having said that, I do wish they would stop dumping shares into the float.
Plug power and Mitsubishi Nichiyu
http://www.ir.plugpower.com/profiles/investor/NewsPrint.asp?b=604&ID=82360&m=rl&pop=1&G=795&Nav=0
I decided to double down this morning at less than $5. So far so good, and it's good to be green. Looking forward to positive news.
GLTA
According to your previous posts, you rode your last short position from $12 down to $3. We can both be happy if you get the opportunity to do so again. CO
"Republic’s latest move is part of the overall industry trend to adopt compressed natural gas, even as diesel fuel costs have subsided."
http://m.waste360.com/fuel/republic-opens-latest-cng-station-long-beach-calif
"He expects the consortium to issue its decision before Labor Day."
http://www.mycitizensnews.com/news/2016/08/energy-park-waiting-on-consortiums-decision/