industry industrial electrical equipment founded 1997 headquarters latham new york usa key people andrew marsh ceo and george c. mcnamee chairman products fuel cell systems website www.plugpower.com plug power designs and manufactures fuel cell systems that replace conventional batteries in equipment powered by electricity . indoor forklifts were their first viable market with customers such as nike bmw walmart home depot mercedes kroger and whole foods . the plug power gendrive system integrates fuel cells manufactured by both plug power and ballard power and incorporates a hydrogen storage system that allows the system to recharge in a matter of minutes as opposed to a matter of hours for conventional batteries . two main benefits exist for hydrogen powered forklifts vs traditionally used lead acid batteries . 1 hydrogen can be re filled in a few minutes vs lead acid battery change out time of 20 30 minutes . 2 hydrogen powered forklifts run at a constant steady power compared to lead acid batteries which experience droop in their output towards the end of a shift . these two advantages make employees operating plug powered equipment more efficient thus saving companies money over the life of the product . the gendrive unit powers the forklift and occupies the same space that was designed for a conventional battery . plug power does not manufacture forklifts just systems that provide the power in a more efficient and environmentally friendly way than standard batteries . history edit plug power was founded as a joint venture between dte energy and mechanical technology inc. in 1997 . references edit plug power setting the facts straight a direct response to citron and the critics 2014 . this new york related article is a stub . you can help wikipedia by expanding it . v t e this article about a united states company or corporation involved in the energy industry is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title plug power & oldid 741571465 categories engineering companies of the united statescompanies based in albany county new yorkfuel cell manufacturersnew york stubsunited states energy company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 28 september 2016 at 09 43 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view