Plug Power (PLUG) Announces Partnership with US DoE to Test New Micro-CHP GenSys Fuel Cell System
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Plug Power Inc. (Nasdaq: PLUG) today announced a partnership with the U.S. Department of Energy to conduct the first field trial of Plug Power's new micro-CHP (combined heat and power) GenSys(r) fuel cell system. Fueled by natural gas, the 5 kilowatt GenSys will provide electricity and high-quality heat to a National Grid customer in New York State.
As part of the competitively selected project, Plug Power will design, build, install and test the high-temperature GenSys unit. National Grid will facilitate site selection and installation and analyze the performance of the system, collecting critical data. Collaboratively, Plug Power and National Grid will determine system refinements for incorporation into the next-generation system design.
Plug Power, Inc., a development stage company, engages in the design, development, and manufacture of fuel cell systems for stationary and motive markets worldwide.
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