Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, has been named to the Hydrogen Council as a supporting committee member. The Hydrogen Council is organized around the important initiative to shape the role of hydrogen in the energy mix of the future.

The international council is currently comprised of sixteen members, including Air Liquide, Audi, BMW GROUP, Daimler, Toyota and Royal Dutch Shell. “I’d like to thank the Hydrogen Council for giving Plug Power a seat at the table,” said Andy Marsh. “We come with the experience of pioneering a hydrogen and fuel cell market for electric vehicles with material handling professionals. Currently, Plug Power has deployed more than 16,000 fuel cells for powering electric lift trucks and has built more than 52 hydrogen stations in North America and Europe. These hydrogen stations have supported more than 7.9 million refuelings, consisting of 4.9 million kilograms of hydrogen dispensed.”

Launched at the World Economic Forum 2017 in Davos, the growing coalition of 16 CEOs have the ambition to:

  • Accelerate their investment in the development and commercialization of the hydrogen and fuel cell sectors
  • Encourage key stakeholders increase their backing of hydrogen as part of the future energy mix with appropriate policies and supporting schemes.

As part of the global drive to electrification, Plug Power has entered new electric vehicle markets, specifically ground support equipment and electric delivery vans. These applications and others promote the advancement of hydrogen fueling and accelerate commercialization of hydrogen-fueled products.

A majority of Plug Power’s end-user hydrogen fueling stations are deployed within the material handing industry. Fuel cell-powered lift trucks use hydrogen as a fuel source – seeing increased productivity, reduced operational costs and lower site greenhouse gas emissions as a result.

The Council looks to increase activities over the course of their inaugural year, beginning with an upcoming Investor Day, to be held on the afternoon of September 18th in New York, in parallel with the Sustainable Investment Forum, the largest finance-focused event taking place during New York Climate Week in September 2017. This event will engage both investors and key financing players within hydrogen markets and stimulate a conversation around the potential offered by the implementation of hydrogen deployment solutions at scale.