Plug Power Eyes First Profit on Rising Fuel Cell Orders

By | March 13, 2014

Plug Power Inc expects to post its first ever profit in the fourth quarter this year as orders rise for its hydrogen fuel cells. Plug Power’s fuel cell systems replace lead-acid batteries to power forklifts without burning fuel, which makes them an efficient, quiet and pollution-free alternative to combustion engines. Plug Power could add another supplier later this year and start building its own fuel cell stacks with the aim of shipping the in-house built systems next year.
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