Plug Power, Inc. · NASDAQ:PLUG
Plug Power — Corporate Update (January 2021)
11 slides from Plug Power's corporate update, Jan 26, 2021
Slide 1: Plug Power Business Update
ont Plug Power Business Update ‘Andy Marsh Chief Executive Officer January 26, 2021
Slide 2: Safe Harbor Legal Disclaimer
Safe Harbor Legal Disclaimer This presentation contains "forward - looking statements" within the meaning of the Private Securities Litigation Reform Act of 19 95 that involve significant risks and uncertainties about Plug Power Inc. ("PLUG"), including but not limited to statements a bou t PLUG's e
Slide 3: 2020: Solidified Global Leadership Position
Established Plug as global leader in green hydrogen solutions Strategic acquisitions and partnerships Continued to expand in core market of material handling Added 4 th pedestal customer Expanded presence in on - road applications Agreement to establish a joint venture with Renault and other partner
Slide 4: Key Focus Areas in 2021
Key Focus Areas in 2021 Successfully launch JVs with Renault and SK Group providing a global footprint 1 Expand customer relationships across all businesses to achieve $750M in gross billings in 2022 Continue to expand via partnerships, joint ventures and acquisitions in the hydrogen ecosystem Accel
Slide 5: Raising Green Hydrogen Generation Targets
Raising Green Hydrogen Generation Targets ro Build the first green hydrogen generation network across the United States |, Targeting multiple green hydrogen plants in North America by 2022 Lo Raising green hydrogen generation target to 500-tons per day by 2025 and 1000-tons per day before 2028 Lo De
Slide 6: Plug Power and Renault joint venture
Plug Power is a leading provider of clean hydrogen and fuel cell solutions x Significant field experience with over 40,000 operating units (2) in the material handling market and over 100 refuelling stations (2) x Technological leadership: best - in - class performance, durability and one of the sma
Slide 7: Plug Power and SK Group partnership and joint venture
x On January 6 th , 2021, Plug Power and SK Group announced plans to form a strategic partnership and joint venture x The partnership includes a $1.5Bn strategic investment from SK Group into Plug Power x SK Group is one of the leading South Korean conglomerates with a significant presence throughou
Slide 8: Raising Guidance and Targets
Raising Guidance and Targets Gross Billings Projections ($ in millions) Raising 2021 Guidance by $25M
Slide 9: Plug's Building Blocks to Become Industry Leader in a $10T Hydrogen Economy
Plug’s Building Blocks to Become Industry Leader in a $10T Hydrogen Economy Driving adoption in core, on - road and stationary power markets Strong balance sheet to accomplish goals organically and through strategic acquisitions to become an undeniable leader in hydrogen economy Investing in capabil
Slide 10: Building the necessary foundation to be an industry leader in the $10T hydrogen economy
Building the necessary foundation to be an industry leader in the $10T hydrogen economy.
Slide 11: Corporate Headquarters
Corporate Headquarters 968 Albany Shaker Road, Latham, NY 12110 plugpower.com