(PLUG) Moves Into Ground Support Equipment Market

GenFuel Infrastructure to Support Tuggers at Memphis Airport

LATHAM, N.Y., Nov. 18, 2014  — Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy products, has successfully completed installation of its first GenFuel hydrogen infrastructure for the ground support equipment (GSE) market at the Memphis Airport.

This GenFuel infrastructure deployment includes a standard hydrogen storage tank, compression system, fuel pipelines, and Plug Power’s first outdoor GenFuel hydrogen dispensers that will be used for a 15-truck fleet of airport tuggers powered by Plug Power fuel cells.

The outdoor hydrogen dispenser varies from its indoor counterpart by providing an all-weather enclosure capable of protecting the equipment from harsh elements that can be experienced on an airport tarmac such as rain, snow, direct sun, high winds and extreme temperatures.

Similar to the GenFuel experience at other customer sites, the Memphis truck drivers will simply pull their GSE vehicles up to the dispenser and personally refuel in just three to four minutes.

“Plug Power’s ability to offer customers both indoor and outdoor GenFuel solutions allows us to broaden our reach even further into adjacent markets like ground support equipment,” said Andy Marsh, CEO at Plug Power. “The all-weather outdoor dispenser is a natural addition to the GenFuel portfolio.”

The Plug Power GSE fuel cells are specially designed to power airport tuggers, and are based on proven GenDrive architecture. But, the rugged GSE units differ from GenDrive units sold for the material handling market, due in part to the larger 20kW power output requirements, and because this application is extremely demanding, requiring units to be run and stored exclusively outdoors. Despite the harsh conditions, the fuel cells operate at least twice as efficiently as diesel engines, providing customers with a positive economic payback based on fuel savings.

Hydrogen fuel cells generate only heat and water as waste byproducts. Using fuel cells as the power source, the tugger immediately becomes a zero emission vehicle. Upon start-up, the fuel cell-powered vehicle becomes compliant with EPA Tier 4 final emissions standards.

The outdoor fueling infrastructure opens the door for Plug Power to provide hydrogen fueling to other new applications, such as electric vehicle range extenders.

About Plug Power Inc.

The architects of modern fuel cell technology, Plug Power is revolutionizing the industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints. Long-standing relationships with industry leaders, including Walmart, Sysco, Procter & Gamble, and Mercedes Benz, forged the path for Plug Power’s innovative GenKey hydrogen and fuel cell system solutions. With more than 6,000 GenDrive units shipped to material handling customers, accumulating over 20 million hours of runtime, Plug Power manufactures tomorrow’s incumbent power solutions today. Additional information about Plug Power is available at www.plugpower.com.

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CONTACT: Media Contact:
         Teal Vivacqua
         Plug Power Inc.
         Phone: (518) 782-7700 ext. 1269
         media@plugpower.com