Plug Power (PLUG) Exceeds 2020 Guidance and Raises Targets for 2021 and 2024

Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, exits 2020 with a global leadership position in green hydrogen solutions for the $10T+ hydrogen economy. Plug Power has exceeded its 2020 gross billings target and is raising 2021 estimates to $475M, up from $450M. Additionally, the Company is increasing the 2024 gross billings target by more than 40% to $1.7B.

Plug Power will host a business update conference call today, January 26, to discuss the updated guidance and its key areas of focus in 2021.

Join the call:

Date: January 26, 2021

Time: 8:30 am ET

Toll-free: 877-405-1239

Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1417059&tp_key=03b1210eda

The webcast can also be accessed directly from the Plug Power homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call.

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