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Plug Power Cites Fuel's Role in Food Logistics -- Commodity Comment - MarketWatch

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By Matt Grossman

Plug Power Inc. Friday said that its hydrogen fuel systems had a significant role in supporting food logistics during the Covid-19 pandemic.

On hydrogen fuel systems:

"Plug Power's industry record number of 40,000 GenDrive fuel cell units deployed have logged more than 713 million hours of runtime in the material handling field and over 39.9 million hydrogen fills performed."

"During the height of the pandemic, Plug Power's robust products were operating at 99% efficiency and moved approximately 30% of the retail food and groceries through the United States to support the needs of customers like Walmart, Amazon, Kroger, SuperValu, Wegmans and Aryzta."

"Plug Power fuel systems continue to run at record high levels, and we continue to be deemed an essential business due to our role within the global food supply chain."

Write to Matt Grossman at matt.grossman@wsj.com

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Plug Power Cites Fuel's Role in Food Logistics -- Commodity Comment - MarketWatch
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