PLUG Power New Wal-Mart Agreement Provides Additional Revenue, Analyst Report
NEW YORK, NY / ACCESSWIRE / September 19, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Plug Power Inc. (PLUG), a clean energy company focused on designing, developing, manufacturing, and commercializing hydrogen fuel cell systems.
Traders News Source previously wrote about Plug Power in April after the company announced a new multi-year deal with Amazon. The agreement called for the Plug Power's hydrogen fuel cell technology to be integrated in 11 distribution warehouses, with additional facilities to be added thereafter. On the day the deal was announced, the shares gained 73 percent and closed at $2.25. Over the next week, Plug Power advanced a further 17 percent.
Three months later, the company announced that it had reached a new partnership agreement with Wal-Mart, one of its oldest and most important customers.
Get the Wal-Mart deal details and analysts target prices in this report: READ MORE.
Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/plug-power/.
Plug Power's primary focus has been in the materials handling market, specifically electric forklifts and pallet jacks. It is now broadening its scope and focusing on electric vehicles and other industrial applications. The company offers an array of products for all phases of the energy consumption process including hydrogen fuel cell engines, hydrogen fuel cell systems, fueling delivery systems, stationary back up fuel cells, and maintenance services.
Notable customers include Nike, BMW, Wal-Mart, Home Depot, Mercedes-Benz, Kroger, and Whole Foods, and Amazon.
Review the PLUG products pipeline and get a financial review: READ MORE.
Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/plug-power/.
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