Plug Power Sells 123 Hydrogen-based GenDrive Fuel Cells to Mercedes-Benz

Plug Power

Alabama. InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Plug Power" in the search box.   "The Mercedes-Benz plant in Tuscaloosa has experienced first-hand the value of GenDrive fuel cells to operate its forklift fleet," said Andy Marsh, CEO of Plug Power. "Success with their initial implementation has led Mercedes to broaden their commitment to sustainable energy by ordering even more GenDrive units to power the fleet in their new logistics center." Last July, Mercedes purchased 72 GenDrive fuel cells for the lift truck fleet at its Tuscaloosa vehicle assembly plant. Earlier this year, construction began on a brand new $70 million, 900,000 square-foot state-of-the-art warehouse Compact refueling stations will be available in several locations within the facility,

. Plug Power's GenDrive fuel cell is