When Andy Marsh, CEO and President of Plug Power, first stepped foot through the company’s factory doors in 2008, he never imagined he would be running a business that supplies the likes of Amazon and Walmart 13 years later, and a business that is on track to achieve $1bn in revenue by 2024.
Whilst success is strongly something that Plug Power oozes, the US fuel cell specialist’s triumph is the result of years of hard work; something that Marsh strongly reaffirmed when he recently sat down with H2 View. “Plug has not been an overnight success; it’s been a 25 year-long journey,” he said.
“Personally, I can remember walking through the factory we had in New York and thinking to myself, ‘How in the world am I going to fill this?’ Fast forward to today, and Plug is producing green hydrogen to meet the needs of our customers. We have developed technology and entered into partnerships that have created a vertically-integrated portfolio that allows Plug Power to scale as we build the green hydrogen economy.”
It’s such turkey solutions that have enabled Plug Power to do everything from fuel cell manufacturing, green hydrogen production and hydrogen infrastructure, to on-road applications, large-scale stationary power and aftermarket service, both in solo projects and as part of industry collaborations.
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