You can identify the forward-looking statements by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “forecast,” “intend,” “may,” “should,” “will,” “would,” “plan,” “projected,” “target” or the negative of such words or other similar words or phrases.
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(“Plug”), including but not limited to statements about Plug’s belief that the Georgia plant will strengthen its long-term position as the global leader in green hydrogen production Plug’s belief that its fuel margin loss will be cut meaningfully as the Georgia plant produces at full capacity and its belief that the Georgia plant will provide a steady supply of clean energy to meet customer demands Plug’s ability to realize its expansion plans that are underway in the Georgia plant Plug’s belief that the insights gained from its Georgia plant will provide the company with a unique and competitive edge and result in design optimization and lower capital expenditure for its other plants Plug’s ability to execute on its strategies to build an end-to-end green hydrogen ecosystem and expedite customer adoption of green hydrogen Plug’s ability to meet its anticipated hydrogen network and outputs by 2025 Plug’s ability to continue to expand manufacturing capabilities and improve supply chain issues Plug’s ability to continue to deliver on expanding its green hydrogen network and capacity and the scalability of Plug’s hydrogen plants.
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. Slides from the event may be accessed via the investor relations section of the company’s website at. Plug is excited to showcase the plant that will help ensure demand as customers expedite adoption of green hydrogen and decarbonize multiple different industries. Sanjay Shrestha adds, “The valuable insights gained from our Georgia facility combined with our expanded electrolyzer manufacturing capacity gives Plug an unmatched competitive edge. Congratulations to the Plug team for yet another pioneering milestone." "This hydrogen plant reinforces Plug’s dominance in green hydrogen. The construction of this plant brings together more than 40 years of expertise in electrolysis," says Andy Marsh. As the Georgia plant’s hydrogen production ramps up, it is anticipated to improve Plug’s fuel margin meaningfully from Q2 to Q4 2023. The insights Plug gained designing and constructing this plant are expected to result in design optimization and lower capital expenditure for the company’s other plants currently under construction. The plant is grid-connected, which should ensure a steady supply of power that is critical for a liquid hydrogen plant. The plant was constructed in 12 months and has 40MW of Plug PEM electrolyzers. During the event, Sanjay Shrestha, EVP, GM of Energy Business and Plug’s Chief Strategy Officer, will discuss the benefits and the learnings to date from this plant.
The event will start with opening remarks by Andy Marsh, CEO of Plug. The day’s agenda will include a tour of the hydrogen plant. Plug will share how the Georgia plant strengthens Plug’s long-term position as the global leader in green hydrogen production and supplier of electrolyzers. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today will host its Analyst Day showcasing the accomplishments to date of its 15 ton per day (TPD) liquid green hydrogen plant in Camden County, Georgia. 23, 2023 (GLOBE NEWSWIRE) - Plug Power Inc.
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