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Consolidation in the fuel-cell industry - Plug Power buys Cellex
Fuel-cell manufacturer Plug Power Inc. which produces backup power systems for the telecommunications industry is acquiring Cellex Power Products Inc. We've mentioned Cellex before as the fuel-cell manufacturer who partnered with Wal-Mart to undertake a trial of 12 hydrogen fuel-cell powered pallet lift trucks over four months. The $45 million acquisition, offset by Cellex's $8 million cash reserves, was made possible by a cash infusion into Plug Power last year by Russian group Smart Hydrogen. The Wal-Mart testing was completed successfully ... Read more →
DOE allots $100M in fuel cell funding through 2010 Derrick Y. Noh
On Tuesday, while speaking to the Council on Competitiveness and the Chicagoland Chamber of Commerce Foundation, Energy Department Secretary Samuel Bodman announced that $100 million has been awarded ...
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Consolidation in the fuel-cell industry - Plug Power buys Cellex 2 years ago on Autoblog Green
Fuel-cell manufacturer Plug Power Inc. which produces backup power systems for the telecommunications industry is acquiring Cellex Power Products Inc. We've mentioned Cellex before as the fuel-cell manufacturer who partnered with Wal-Mart to undertake a trial of 12 hydrogen fuel-cell powered pallet ...
DOE allots $100M in fuel cell funding through 2010 3 years ago on Autoblog Green
On Tuesday, while speaking to the Council on Competitiveness and the Chicagoland Chamber of Commerce Foundation, Energy Department Secretary Samuel Bodman announced that $100 million has been awarded to 25 fuel cell research and development projects. Bodman said, "We expect hydrogen to play an ...
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