Plug Powers refueling Partner. Plug has a great Hydrogen refueling partner called Xebec and their Hygear Hy.Gen systems..
Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves(TO:XBC) (OTC:XEBEF) Xebec Adsorption Inc HyGear, supplier of cost-effective industrial gases had announced they are partners to supply HyGear's hydrogen generation technology to Plug Power fuel cell customers globally. The first deployments were already installed in 2016 at a new site for one of Plug Power's existing customers.Xebec HyGear's hydrogen generation technology, called Hy.GEN®, is based on small-scale reforming. The Hy.GEN® provides an on-site, low-cost, efficient and flexible alternative to conventional hydrogen supply including large-volume liquid systems, hydrogen supply by road distribution or electrolysis. Hy.GEN® systems are very efficient and highly reliable, and allow customers flexibility in fuel generation and consumption, including the option to use biogas for a "green" hydrogen solution,green hydrogen is cleaner than blue Hydrogen. In addition, distributed generation of hydrogen eliminates the need to transport the fuel onsite, further improving the sustainability of the overall GenKey solution Plug Power provides to its customers. The use of hydrogen as an energy source is attracting attention globally, as its impact on corporate sustainability initiatives is being witnessed today. "Partnership with such a great and renowned company as Plug Power is of great importance for HyGear's worldwide recognition and expansion. Also, it is a great step towards a cleaner transportation system and a more energy efficient world," Plug Power has continually emphasized its plans to expand its hydrogen offerings, and this partnership with Xebec HyGear is part of Plug Power's long-term goal of making hydrogen a cost-effective and ubiquitous fuel. HyGear's leading reformer solution allows Plug Power to address a more diverse set of customers including small material handling fleets and a broader base of tethered{ fleet vehicles}. "Plug Power has a history of developing elegant solutions for hydrogen storage, handling and dispensing,This partnership enables Plug Power Fuel Cell to elevate GenFuel offerings by leveraging HyGear's industry-leading solution. This partnership will stimulate growth of Plug Power's addressable market today, and open new global markets in the future." Plug Power will offer Xebec HyGear's Hy.GEN® reformer technology as an option under its GenFuel platform to material handling and stationary power customers worldwide.Xebec looking forward to growing it`s hydrogen references base which now includes active installations in glass manufacturing, food, electronics, hydrocracking, and the emerging mobility sector for refueling of hydrogen vehicles.