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Plug Power and BAE Systems Partner on Hydrogen-Powered Electric Buses

Nachrichtenquelle: globenewswire
29.04.2021, 15:00  |  419   |   |   

LATHAM, N.Y., April 29, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, announced a strategic framework agreement with BAE Systems, a premier supplier and integrator of low and zero emission electric propulsion systems and application integration. Under the framework, Plug Power and BAE Systems will collaborate to supply zero-emissions powertrains to heavy-duty transit bus OEMs in North America integrating Plug Power’s ProGen fuel cell engines into BAE Systems’ smart electric drive systems, as well as provide hydrogen and refueling infrastructure to end-customers use points. Through this all-inclusive strategic partnership, the companies are advancing an innovative total solution for hydrogen-powered electric buses which promises to accelerate the adoption of zero-emissions transit across the region.

Both companies have substantial global industry expertise and proven track records in the electric mobility space. With 25 years of experience driving zero-emissions solutions, BAE Systems is an established leader in power management and efficient propulsion; today, more than 13,000 of the company’s electric drive systems operate worldwide. The company was also an early advocate for hydrogen-based transit, having integrated fuel cells into its electric propulsion systems since 1998. Plug Power, with more than 40,000 fuel cell units deployed over the past 20 years, is the foremost provider of hydrogen fuel cell engines in the world offering modular ProGen fuel cell engines for OEM integration ranging from 30kW to 125kW. As part of its mission to provide comprehensive hydrogen solutions and an unrivaled value proposition to its customers, Plug Power has built more hydrogen refueling stations than any other company and has become the largest buyer of liquid hydrogen globally. These companies are now leveraging their complementary capabilities to bring the sustainability, efficiency and cost advantages of green hydrogen to more cities in North America and beyond.

Fuel cell electric vehicles are increasingly recognized as a competitive mobility solution for urban transport networks, given hydrogen’s unique value proposition for high utilization vehicles. Hydrogen-electric powertrains enable transit fleets to operate cleanly, quietly and efficiently at extended ranges over battery electric vehicles, and with the lowest cost of ownership. Unlike electric trams or EVs, which require extensive route infrastructure, hydrogen fuel cell buses can quickly refuel in existing city fleet facilities equipped with hydrogen dispensers.

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Plug Power and BAE Systems Partner on Hydrogen-Powered Electric Buses LATHAM, N.Y., April 29, 2021 (GLOBE NEWSWIRE) - Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, announced a strategic framework agreement with BAE Systems, a premier …

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