Plug Power (PLUG) Selected to Provide 19 Class 1 GenDrive Fuel Cell Power Units for DoD
Plug Power Inc. (Nasdaq: PLUG) today announced it has been selected to provide 19 class 1 GenDrive fuel cell power units and two years of managed services for a demonstration project funded by the Department of Defense. Plug Power's GenDrive units will be commissioned at the U.S. Army's Forces Command in Fort Lewis, Washington where they will power a fleet of sit-down counterbalanced lift trucks.
The two-year project will study and assess the use of wastewater treatment plant digester gas as a hydrogen source for fuel cells. The hydrogen created will power the fuel cell forklifts used for heavy maintenance work at Fort Lewis.
Under the project, Plug Power will receive approximately $1.5 M in funding to supply 19 fuel cell units as well as expertise in system integration, training, service and support for 24 months. The GenDrive power units will be commissioned at Fort Lewis during the third quarter of 2010.
Create E-mail AlertRelated Categories
Corporate NewsStocks Mentioned
-0.01Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
