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26 REASONS TO OWN PLUG POWER
1)Advanced Electric Forklift Technologies Will Surpass $500 Million in Annual Revenue in North America by 2020.(1)
2)Hydrogen consumption will grow from $1.3 billion annually in 2013 to $49.8 billion in 2030.(1) Forklift Fuel cells are estimated to consume 35 percent of the hydrogen.
3)Annual Fuel Cell Systems sales world wide will surpass 600,000 by 2017.(1)
4)300000 TRU Transport Refrigeration Units can be powered by fuel cells. Being tested with Sysco.
5)More Than 35 Million Electric Vehicles Will be On Roads Worldwide by 2022. Fuel Cells range extenders to play a big part.(1)
6)Global Fuel Cell Industry to surpass 15 Billion market value by 2017.(1)
7) US continues to be one of the world's largest and fastest growing markets for fuel cell and hydrogen technologies.(1)
8)350,000 Hybrid and Electric Trucks Will be Sold Worldwide from 2013 to 2020.(1)
9)Air Liquide and Hypulsion partnership provides access to European Market.
10) Susquehanna Capital 30 million dollar investment provides a vote of confidence and indicates the business is growing.
11) 90 percent of forklifts to be fuel cell powered in 11 years predict International Truck Association.
12) There are 300,000 airport ground support vehicles can be powered by forklifts, being tested with FedEx.
13) Gen Key provides hydrogen infrastructure sales servicing and hydrogen sales. Plug has installed 45 Hydrogen fuel stations.
14) Asia partner to provide access to Asia.
15) FedEx Electric trucks being tested with Fuel Cell range extenders. This will extend range from 80 to 160 miles.
16)Recent 1700 forklift Walmart Deal provides 100 million in recurring revenue over 6 years in hydrogen sales and validates the concept.
17) Plug has only penetrated 2% of forklift market of 6 million.
18) 1st Quarter 2014 revenue 2014 projected to meet 2014 year goal.
19)In 2014 Plug Power will be profitable.
20) Fuel cell sales are predicted to increase 100% YoY in the next 5-8 years.
21) Walmart has started conversion of it 40,000 fleet of forklifts. Walmart estimates 2 to 7 million dollars savings over 7 years per distribution center. Extrapolate out with 150 distribution centers and the savings for Walmart will range from 300 million to 1 billion over 7 years.
22) Walmart does not even consider battery forklifts in any of its new distribution centers
23) Kroger with 10000 forklifts has started its forklift fleet conversion.
24) 4,000 Plug GenDrives that have been shipped to customers over the years are consuming 90 percent of all of the hydrogen used in fuel cells located in North America.(2)
25) Plug is estimated to ship more fuel cells in 2014 than in the previous 16 years.
26) Plug added to Nasdaq Clean Edge Energy Index on March 24, 2014
