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  5. Plug Power Inc.
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    PLUG   US72919P2020

PLUG POWER INC.

(PLUG)
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Business Summary
Logo Plug Power Inc.
Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.

Number of employees : 1 285 people.
Sales per Business
20192020Delta
Power Purchase Agreements25.8511.2%26.62-28.6% +2.97%
Other0.190.1%0.31-0.3% +67.2%
Service Performed on Fuel Cell Systems and Related Infrastructure25.2211%-9.8010.5%-
Fuel Delivered to Customers29.1012.6%-16.0717.2%-
Hydrogen Installations and Other Infrastructure19.168.3%-39.2042%-
Fuel Cell Systems130.7256.8%-55.0959.1%-
USD in Million
Managers
Name Title Age Since
Andrew Marsh President, Chief Executive Officer & Director 64 2008
Paul Middleton Chief Financial Officer & Senior Vice President 53 2014
Tim Cortes Chief Technology Officer - 2021
Keith Schmid Chief Operating Officer & Senior Vice President 57 2013
George McNamee Chairman 73 1997
Maureen O. Helmer Independent Director 63 2004
Gary K. Willis Independent Director 74 2003
Johannes Minho Roth Independent Director 40 2013
Gregory L. Kenausis, Dr. Independent Director 51 2013
Lucas P. Schneider Independent Director 52 2017
Members of the board
Name Title Age Since
George McNamee Chairman 73 1997
Maureen O. Helmer Independent Director 63 2004
Andrew Marsh President, Chief Executive Officer & Director 64 2008
Gary K. Willis Independent Director 74 2003
Johannes Minho Roth Independent Director 40 2013
Gregory L. Kenausis, Dr. Independent Director 51 2013
Lucas P. Schneider Independent Director 52 2017
Jonathan M. Silver Independent Director 62 -
Kimberly A. Harriman Independent Director 47 2021
Kyungyeol Song, Dr. Independent Director 47 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 584,243,572 510,282,843 87.3% 15,926,068 2.7% 87.3%
Shareholders
NameEquities%
The Vanguard Group, Inc. 69,497,824 12.2%
SK Inc. 54,966,188 9.67%
BlackRock Fund Advisors 32,473,112 5.71%
Fidelity Investments Canada ULC 12,375,127 2.18%
BNP Paribas Asset Management USA, Inc. 11,205,882 1.97%
BlackRock Advisors (UK) Ltd. 9,605,961 1.69%
Geode Capital Management LLC 7,617,572 1.34%
Fidelity Management & Research Co. LLC 7,426,388 1.31%
Odey Asset Management LLP 6,604,013 1.16%
Norges Bank Investment Management 6,513,754 1.15%
Company contact information
Plug Power, Inc.
968 Albany Shaker Road
Latham, NY 12110

Phone : +1.518.782.7700
Fax : +1.518.782.9060
Web : http://www.plugpower.com
Sector Stationary Fuel Cells
1st jan.Capi. (M$)
PLUG POWER INC.-19.79%15 458
BALLARD POWER SYSTEMS INC.-32.77%4 786
DOOSAN FUEL CELL CO., LTD.-6.92%2 856
CERES POWER HOLDINGS PLC-22.95%2 705
FUELCELL ENERGY, INC.-42.44%2 074
SFC ENERGY AG72.21%472
Connections : Plug Power Inc.