to create the largest hydrogen taxi fleet worldwide, fueled by 12 large hydrogen refueling stations, by 2024. As Cummins explained, "the electrolyzer will enable local hydrogen production in Paris, France, to power Hysetco's ambitious project. And this morning, we saw another encouraging sign for hydrogen adoption when engine maker Cummins announced that it will sell an electrolyzer to produce hydrogen to power a taxi fleet.Ĭummins is selling the 2.5-megawatt electrolyzer to hydrogen mobility company Hysetco, a joint venture among France's TotalEnergies ( TTE 1.05%) and Air Liquide, Luxembourg's Kouros, and Japan's Toyota Motor ( TM -0.96%). See insights on Plug Power including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
The Company is focused on proton exchange membrane (PEM), fuel cell and fuel. Plug Power Plug aims to be able to make 70 tons per day of green hydrogen by the end of this yearthe equivalent of 140,000 gallons of gasolinebut has plans to supply vastly greater amounts of the. The Company is focused on proton exchange membrane (PEM), fuel cell and fuel processing technologies, fuel cell/battery. is a provider of hydrogen fuel cell turnkey solutions. The company has a debt-to-equity ratio of 0.12, a current ratio of 9.10 and a quick. is a provider of hydrogen fuel cell turnkey solutions. So the bigger the global hydrogen economy gets, the better for Plug Power. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the. Plug Power has 5 employees across 2 locations and 502.34 m in annual revenue in FY 2021. Plug Power has a 12 month low of 12.70 and a 12 month high of 46.50. Plug Power produces fuel cell systems primarily for powering forklifts and similar commercial vehicles, although it has broader hydrogen ambitions, including the production of vans powered by fuel cells and even the hydrogen to fuel them.
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