Business & Investment

PlugPower works with Renault Group to provide hydrogen solutions

Plug power, Alpine F1 Team, a leading provider of turnkey hydrogen solutions to build the global green hydrogen economy, is pleased to announce a new partnership in F1. The Plugpower logo will appear on Alpine F1 Team A521 cars and team racewear.

The Alpine F1 collaboration complements the joint venture between the Renault Group and PlugPower as they are preparing to explore hydrogen solution opportunities for on-road vehicles as part of their commitment to sustainable mobility. In January 2021, the Renault Group and PlugPower signed a memorandum of understanding to jointly develop a hydrogen powertrain for light commercial vehicles in Europe with a goal of 30% market share, in line with the strategic vision of Renault CEO Lucademeo. Announced that it was signed.To Rinaursion In January.

Laurent Rossi, CEO of Alpine: “We are pleased to partner with PlugPower in multiple activities such as motorsports and road cars to explore a variety of mobility solutions. The Renault Group is open to all road users and to the environment. We are committed to developing sustainable technologies that minimize impact. Hydrogen fuel cells are an innovation worth further investigation and plug power is a market leader. We look forward to working with them. I will. “

Plug Power, CEO, Andy Marsh: “The range of opportunities for hydrogen fuel cell-powered hybrid electric vehicles is endless. Plug Power works to meet the need for sustainable solutions for activities such as motorsports and on-road vehicles. Is encouraged. “

Plug Power is a global company engaged in the development of green hydrogen and fuel cell systems exclusively for electric vehicles. The ProGen platform for modular fuel cell engines has enabled OEMs and system integrators to quickly adopt hydrogen fuel cell technology, expanding its reach into the on-road electric vehicle market. The ProGen engine has been proven today and offers thousands of services, supporting some of the world’s toughest operations.

About plug power

Plug Power is building a hydrogen economy as a leading provider of comprehensive hydrogen fuel cell turnkey solutions. The company’s innovative technology uses hydrogen fuel cells in the ongoing paradigm shift in the electricity, energy, and transportation industries to tackle climate change and energy security while achieving sustainability goals. Powers the motor. Plugpower created the first commercially viable market for hydrogen fuel cell technology. As a result, the company has deployed more than 40,000 fuel cell systems for e-mobility in the world’s largest, building and operating hydrogen highways throughout North America, making it the largest purchaser of liquid hydrogen. Plug Power offers end-customers significant value propositions with significant environmental benefits, increased efficiency, faster fuel supply and lower operating costs. Plug Power’s vertically integrated GenKey solution connects all the key elements to power, fuel and serve customers such as Amazon, BMW, The Southern Company, Carrefour and Walmart. The company is now leveraging its know-how, modular product architecture, and basic customers to rapidly expand into other major markets such as zero-emission on-road vehicles, robotics, and data centers.

PlugPower works with Renault Group to provide hydrogen solutions PlugPower works with Renault Group to provide hydrogen solutions

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