B_B!
4 hours ago
On April 24, 2024, the Board of Directors of Plug Power Inc., a Delaware corporation (the “Company”), approved and adopted the Company’s Seventh Amended and Restated Bylaws (the “Seventh Amended and Restated Bylaws”), which became effective immediately, solely to reduce the quorum required to hold meetings of the Company’s stockholders. The Seventh Amended and Restated Bylaws reduces the quorum requirement from a majority to one-third of the voting power of the outstanding stock entitled to vote, and present in person or represented by proxy, at the Company’s stockholder meetings.
The Company reduced the quorum requirement to ensure that the Company may achieve quorum at the Company’s subsequent meetings of stockholders. Without the quorum reduction, there is a high likelihood that the Company will not be able to obtain a quorum at future stockholder meetings, which would hinder the Company’s ability to conduct business. The Company’s experience over the last few years is that a significant number of its stockholders do not, either directly or through their brokerage accounts, complete their proxies or otherwise deliver voting instructions. Accordingly, securing a quorum at annual meetings has become a challenge despite the Company’s best efforts to solicit participation of its stockholders, directly and with the assistance of its proxy solicitor. For example, shares representing only 56.2% of the voting power were present at the 2023 annual meeting of the Company’s stockholders and the Company was not able to obtain the required quorum until the day before the scheduled annual meeting of the Company’s stockholders. Similarly, the Company was not able to obtain the required quorum until two days before each of the scheduled 2022 and 2021 annual meetings of the Company’s stockholders. The Company believes that reducing the quorum requirement to one-third of the stock entitled to vote on a proposal will reduce the risk of failing to achieve a quorum for any stockholder meetings, which failure would require the Company to adjourn such meetings and therefore cause the Company to incur additional costs and suffer disruptions to its business. If the stockholder turnout increases at stockholder meetings in the future, the Company will consider returning the quorum requirement to a majority of the stock entitled to vote on a proposal.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/029ec88d-f459-4ee2-959c-c571212afd2f.pdf
B_B!
4 hours ago
stockholders will not be able to attend the Annual Meeting in person 🤣
April 26, 2024
Dear Stockholder:
You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Plug Power Inc., a Delaware corporation (“Plug Power,” “Plug” or the “Company”), to be held via live audio webcast at www.virtualshareholdermeeting.com/PLUG2024 on June 5, 2024, at 10:00 a.m. Eastern Time. There will not be a physical meeting location, and stockholders will not be able to attend the Annual Meeting in person. This means that you can attend the Annual Meeting online, vote your shares during the online meeting and submit questions online during the virtual meeting.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/3d05bd6b-9451-42ff-b040-28638be607ad.pdf
May 15, 2023
Dear Stockholder: You are cordially invited to attend the 2023 Annual Meeting of Stockholders (the “Annual Meeting”) of Plug Power Inc., a Delaware corporation (“Plug Power” or the “Company”), to be held on June 27, 2023, at 10:00 a.m. Eastern Time, at the offices of Goodwin Procter LLP, The New York Times Building, 620 Eighth Avenue, New York, New York 10018. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/9cbf8b99-c060-419c-9f4c-b97fae63c534.pdf
May 2, 2022
Dear Stockholder:
You are cordially invited to attend the 2022 Annual Meeting of Stockholders (the “Annual Meeting”) of Plug Power Inc., a Delaware corporation (“Plug Power” or the “Company”), to be held on June 30, 2022, at 10:00 a.m. Eastern Time, at the offices of DLA Piper LLP, 1251 Avenue of the Americas, New York, New York 10020. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/99dcad47-039f-44d2-9358-ad64cea0ef54.pdf
July 9, 2021
Dear Stockholder:
You are cordially invited to attend the 2021 Annual Meeting of Stockholders (the “Annual Meeting”) of Plug Power Inc., a Delaware corporation(“Plug Power”). In light of the COVID-19 pandemic, the meeting is scheduled to be held via live audio webcast at www.virtualshareholdermeeting.com/PLUG2021, July 30, 2021, at 10:00 a.m., Eastern Time. There will not be a physical meeting location, and stockholders will not be able to attend the Annual Meeting in person. This means that you can attend the Annual Meeting online, vote your shares during theonline meeting and submit questions online during the virtual meeting.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/0a3ce1ea-5496-4909-92b3-d73e66e24301.pdf
B_B!
20 hours ago
You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the
“Annual Meeting”) of Plug Power Inc., a Delaware corporation (“Plug Power,” “Plug” or
the “Company”), to be held via live audio webcast at
www.virtualshareholdermeeting.com/PLUG2024 on June 5, 2024, at 10:00 a.m. Eastern
Time. There will not be a physical meeting location, and stockholders will not be able to
attend the Annual Meeting in person. This means that you can attend the Annual Meeting
online, vote your shares during the online meeting and submit questions online during the
virtual meeting. You will need the 16-digit control number, which is located on your
proxy card, to attend the Annual Meeting. Details regarding admission to the Annual
Meeting and the business to be conducted are more fully described in the accompanying
Proxy Statement.
The proxy statement, with the accompanying formal notice of the meeting, describes
the matters expected to be acted upon at the Annual Meeting as well as information on
how you can vote your shares and submit questions at the Annual Meeting. Only holders
of record of Plug Power’s common stock at the close of business on April 8, 2024 will be
entitled to notice of, and to vote at, the Annual Meeting and any adjournments or
postponements thereof.
April 26, 2024
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/3d05bd6b-9451-42ff-b040-28638be607ad.pdf
https://www.ir.plugpower.com/financials/sec-filings/default.aspx
B_B!
21 hours ago
Amid Elon Musk's Visit To Beijing For FSD Push, China Is Eyeing 'Economical' Hydrogen-Powered Vehicles As Next Alternative For Green
Pooja Rajkumari April 29, 2024
Tesla CEO Elon Musk recently wrapped up his visit to China, sparking speculation about the introduction of the full-self driving (FSD) system in the country. However, this visit comes at a time when China’s auto sector is focusing on hydrogen-powered vehicles with policymakers introducing various incentives and business applications to position China as a global leader in this clean energy source.
What Happened: Both central and local governments in China are rolling out a range of incentives to encourage the use of hydrogen-powered vehicles, South China Morning Post reported recently.
For example, Sichuan province is contemplating the removal of highway tolls for these vehicles and lifting restrictions on their access within the city. The province also plans to construct hydrogen refuelling stations and offer subsidies based on the standards of the charging stations.
Hydrogen, a carbon-neutral energy source, allows quick refuelling, making it an ideal choice for large commercial vehicles. Guotai Junan Securities analyst Pang Junwen pointed out that Sichuan’s initiative could make hydrogen-powered vehicles a cost-effective alternative to diesel-fuelled trucks.
Sinopec, China’s largest oil and gas producer, has constructed 11 hydrogen fuel supply centres and 128 hydrogen refuelling stations. Recognizing hydrogen energy as a new frontier for emerging technologies and industries, China, already a significant producer of electric vehicles and lithium batteries, is keen to explore this avenue further.
.....
https://www.benzinga.com/markets/asia/24/04/38484139/amid-elon-musks-visit-to-beijing-for-fsd-push-china-is-eyeing-economical-hydrogen-powered-vehicles-a
WeTheMarket
4 days ago
Air Products announces plans to build network of commercial-scale multi-modal H2 refueling stations
24 Apr 2024
https://h2-tech.com/news/2024/04-2024/air-products-announces-plans-to-build-network-of-commercial-scale-multi-modal-h-sub-2-sub-refueling-stations/
Air Products announced it intends to build a network of permanent, commercial-scale multi-modal H2 refueling stations stretching from Edmonton to Calgary, Alberta, Canada.
“With abundant resources, tremendous talent, and forward-thinking governments, Canada is driving the clean energy transition forward,” said Seifi Ghasemi, Air Products’ Chairman, President and Chief Executive Officer. “Last year, Air Products announced our continued investment in Western Canada with the first permanent, commercial-scale H2 refueling station in Alberta. Today, we build on that commitment with plans to build additional commercial-scale multi-modal H2 refueling stations, developing a H2 highway connecting Alberta’s two largest cities and enabling the continued development of the region’s H2 ecosystem.”
The permanent, multi-modal H2 refueling stations will be equipped to serve heavy-duty vehicles, such as commercial and municipal trucks and buses, as well light-duty H2 fuel cell cars. The stations will be along the Queen Elizabeth II Highway that runs through Calgary and Edmonton, providing a fueling experience and speed that is similar to gasoline or diesel. This H2 infrastructure will help Western Canada reach a goal of 5,000 H2 or dual fuel vehicles on the road in five years.
“Each of our state-of-the-art, high-capacity, high-reliability stations will be able to fuel up to 200 heavy-duty trucks or 2,000 cars per day,” noted Rachel Smith, vice president and general manager, Air Products Canada. “In Canada, H2 is essential to decarbonizing transportation where heavy-duty vehicles travel long distances in extreme temperatures. We are excited to be activating Canada’s first H2 corridor here in Alberta.”
The first of Air Products’ permanent H2 refueling stations, located in Edmonton, near the site of the Company’s landmark net-zero H2 energy complex that is under construction, is scheduled to be onstream in 2025. Currently, Air Products has placed a temporary, H2 mobile fueler on the site that is supplying customers. The permanent Edmonton H2 refueling station is supported in part by $1 million (CAD) in funding from Natural Resources Canada’s Zero Emission Vehicle Infrastructure Program.
Hon. Jonathan Wilkinson, Minister of Energy and Natural Resources Canada, said, “The development and deployment of H2 presents an enormous economic and environmental opportunity for Canadians. The federal government is prepared to seize this opportunity, and today’s announcement by Air Products shows that Canadian companies and innovators are also continuing to lead the way on H2. I congratulate Air Products on today’s exciting announcement. Together, we will continue to establish Canada as a leading producer and supplier of H2 on our path to net-zero by 2050.”
Hon. Danielle Smith, Premier of Alberta, said, “H2 is a fuel of the future and our government is fully on-board with efforts to pursue early adoption of H2 technology. I’m thrilled that Air Products is working toward development of a H2 highway between Edmonton and Calgary. This will help grow Alberta’s H2 ecosystem and spur on additional interest, investment, and progress in the H2 space.”
Hon. Dale Nally, Minister of Service Alberta and Red Tape Reduction, said, “This is exciting news and a great leap forward in growing the use of H2 as a transportation fuel in Alberta. By adding H2 fueling infrastructure along Alberta’s busiest transportation corridor, Air Products is helping to clear the way for H2-powered vehicles as a viable clean alternative to EVs. Alberta’s government knows H2 has the potential to be a major source of clean energy here at home and around the world, and today’s announcement is helping to turn that vision into reality.”
Jim Wood, Mayor of Red Deer County, said, “Red Deer County takes pride in supporting trucking and logistics; we are excited that future trucks driving along the QE2 will have easy access to a clean alternative energy fuel source.”
Malcolm Bruce, CEO of Edmonton Global, said, "Air Products' bold initiative to build a network of multi-modal H2 refueling stations between the Edmonton region and Calgary marks a significant leap forward in Canada's clean energy journey and the 5,000 H2 Vehicle Challenge. Announcements like these will help us in reaching our goal of having 5,000 H2 or dual-fuel vehicles on the road in Western Canada in five years. By connecting our two largest cities with this H2 highway, we're not just fostering innovation; we're catalyzing a sustainable future. This investment underscores our shared commitment to advancing green technologies and propelling Alberta to the forefront of the H2 revolution. Canada's path to net-zero truly runs through the Edmonton region."
In addition, Air Products has a H2 mobile fueler at the Edmonton International Airport to provide H2 for the airport’s fleet of Toyota Mirai H2 fuel cell vehicles as well as a mobile fueler located on Aurum Road ready to serve the broader Edmonton market.
As the world’s largest supplier of H2, Air Products has hands-on operating experience with over 250 H2 fueling station projects in 20 countries and the company’s technologies are used in over 1.5 million fueling operations annually.
B_B!
4 days ago
Underpromise and Overdeliver
The company’s Georgia hydrogen plant, home to the largest Proton Exchange Membrane (PEM) electrolyzer system in the U.S., has been running at a stable rate of 15 tons per day (TPD) since the beginning of the month.
Plug Continues to Make Substantial Advancement in Hydrogen Generation Buildout
April 23, 2024
https://www.ir.plugpower.com/press-releases/news-details/2024/Plug-Continues-to-Make-Substantial-Advancement-in-Hydrogen-Generation-Buildout/default.aspx
Andy Marsh -- Chief Executive Officer
So, Bill, we're fine-tuning. We've produced 11 tons of the 15 out of Georgia.
Tennessee is almost back to full production at 10 -- 10, 11 tons per day. I expect by
mid-second quarter, we'll be putting out all 15 tons out of Georgia.
Plug Power (PLUG) Q4 2023 Earnings Call Transcript
By Motley Fool Transcribing – Mar 1, 2024
https://www.fool.com/earnings/call-transcripts/2024/03/01/plug-power-plug-q4-2023-earnings-call-transcript/
B_B!
4 days ago
$PLUG linkedin.com/posts/devon-hy... The Green 💚 Hydrogen 🌍 Plug Power train continues to role worldwide from 2 new BEDP (US/EU) to customer installations in Europe, Middle East, the U.S., India, New Zealand, Korea, Japan, Australia, and Africa .
https://stocktwits.com/bwahahaha/message/570904580
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