1. Plug Power Rallies On JV Partnership With Renault For Hydrogen-Powered Vehicles In Europe  Benzinga
  2. Plug Power stock rallies to nearly 15-year high after analyst calls Renault deal 'validating'  MarketWatch
  3. Plug Power CEO on its hydrogen vehicle partnership with Renault  CNBC Television
  4. Why (Most) Fuel Cell Stocks Popped Today  Motley Fool
  5. Renault and Plug Power to develop fuel-cell commercial vehicles  Reuters
  6. View Full Coverage on Google News
Plug Power Inc. (NASDAQ: PLUG) shares are at multiyear highs after the hydrogen fuel cell manufacturer announced a joint venture Tuesday with French ...Plug Power Inc. (NASDAQ: PLUG) shares are at multiyear highs after the hydrogen fuel cell manufacturer announced a joint venture Tuesday with French automaker Renault...

Plug Power, Inc. (NASDAQ:PLUG), (RNLSY) - Plug Power Rallies On JV Partnership With Renault For Hydrogen-Powered Vehicles In Europe | Benzinga

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The France-based joint venture is seeking to win 30 percent of the European fuel cell van market, which could be as big as 500,000 units by 2030.The France-based joint venture is seeking to win 30 percent of the European fuel cell van market, which could be as big as 500,000 units by 2030.

Renault to form JV with U.S. hydrogen specialist Plug Power for fuel cell vans

French automaker Groupe Renault and U. S.-based Plug Power today announced a memorandum of understanding to create a stand alone joint venture that will develop, build and market electric fuel cell light commercial vehicles.French automaker Groupe Renault and U. S.-based Plug Power today announced a memorandum of understanding to create a stand alone joint venture that will develop, build and market electric fuel cell light commercial vehicles.

Renault Forms Fuel Cell Venture With Plug Power

Ballard Power Systems supplying fuel cell modulesBallard Power Systems supplying fuel cell modules

Hydrogen-powered train planned for Scotland - Diesel & Gas Turbine Worldwide

French carmaker Renault and U.S. hydrogen specialist Plug Power have joined forces to develop hydrogen-powered light commercial vehicles (LCV), they said on Tuesday.French carmaker Renault and U.S. hydrogen specialist Plug Power have joined forces to develop hydrogen-powered light commercial vehicles (LCV), they said on Tuesday.

Renault and Plug Power to develop fuel-cell commercial vehicles | Reuters

The two companies plan to make hydrogen-powered light commercial vehicles in Europe.The two companies plan to make hydrogen-powered light commercial vehicles in Europe.

Plug Power and Renault Partner for Hydrogen Fuel-Cell Vehicles | The Motley Fool

French automaker Renault undefined said it's signed a memorandum of understanding to launch a 50-50 joint venture with Plug Power undefined in France by the...French automaker Renault undefined said it's signed a memorandum of understanding to launch a 50-50 joint venture with Plug Power undefined in France by the...

Renault says it will create French venture with Plug Power - MarketWatch

French carmaker Renault and U.S. hydrogen specialist Plug Power have joined forces to develop hydrogen-powered light commercial vehicles, they ...French carmaker Renault and U.S. hydrogen specialist Plug Power have joined forces to develop hydrogen-powered light commercial vehicles, they ...

Renault and Plug Power to develop fuel-cell commerical vehicles - CNA

Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30%...Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30%...

Groupe Renault & Plug Power Join Forces to Become Leader in Hydrogen LCV Nasdaq:PLUG

Xinhua/Wang Ying/ Getty Images Plug Power soared 20% on Tuesday after the company entered a joint venture with Renault to develop hydrogen pow...The 50/50 joint venture will be based in France and is set to launch by the end of the first half of 2021, according to Renault.

Plug Power jumps 20% on joint venture with Renault to develop hydrogen vehicles | Markets Insider

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Renault and US-based Plug Power have announced the signing of a memorandum of understanding (MoU) to launch a 50-50 joint-venture based in France by the end of the first half of 2021. The planned JV […]

Renault and hydrogen specialist Plug Power plan JV to produce fuel cell light commercial vehicles in Europe - paultan.org

The stock price of Plug Power Inc (NASDAQ: PLUG) increased over 80% this past week as it went from $34.39 on January 6 morning to $63.13 (as of 2:24 PM today). This is why it happened.The stock price of Plug Power Inc (NASDAQ: PLUG) increased over 80% this past week as it went from $34.39 on January 6 morning to $63.13 (as of 2:24 PM today). This is why it happened.

PLUG Stock Price Increased Over 80% This Past Week: Why It Happened

PLUG Stock Price Increased Over 80% This Past Week: Why It Happened

Shares of PLUG stock are soaring on Tuesday after Plug Power struck a joint venture deal with Groupe Renault to grow their businesses abroad.Shares of PLUG stock are soaring on Tuesday after Plug Power struck a joint venture deal with Groupe Renault to grow their businesses abroad.

PLUG Stock: Why Hydrogen Play Plug Power Is Soaring Tuesday | InvestorPlace

PLUG stock has had its share of ups and downs. But on the heels of a big-ticket joint venture, the bull case for Plug Power is undeniable.PLUG stock has had its share of ups and downs. But on the heels of a big-ticket joint venture, the bull case for Plug Power is undeniable.

$1.5 Billion Deal Should Put Concerns Over PLUG Stock to Rest | InvestorPlace

* Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30% share of the fuel cell-powered light commercial vehicle (LCV) market in Europe. * Joint-venture will establish in France state-of-the-art innovation and manufacturing capabilities for hydrogen fuel cell systems and their integration in vehicles. * The partnership provides a unique value proposition: turn-key fuel cell vehicle solutions with hydrogen fuel, refueling infrastructures and services. * This strategic project supports the decarbonization of mobility in Europe with the adoption of clean energy solutions, and the creation of innovating value-generating activities in France, including an industrial footprint in a promising market, business know-how and intellectual property in this new field of technologyBOULOGNE-BILLANCOURT, France, Jan. 12, 2021 (GLOBE NEWSWIRE) --  Groupe Renault, top automotive player, and Plug Power Inc. (NASDAQ: PLUG), global leader in fuel cell systems and hydrogen related services, announced the signature of a Memorandum Of Understanding (MOU) to launch a 50-50 joint-venture based in France by the end of the first half of 2021. This strategic JV will position Groupe Renault and Plug Power to become key players in Europe in the research and development (R&D), transformation, manufacturing and sale of fuel cell-powered vehicles and hydrogen turn-key solutions in the coming years. This joint-venture platform will serve the fast-growing market of fuel cell light commercial vehicles, taxis, and commercial people transportation.Bringing complementary and competitive strengths together, this joint venture will build on Groupe Renault’s pioneering experience in new energies and strong position in electric light commercial vehicles and on Plug Power’s 20 years of experience in fuel cell technologies and hydrogen solutions. A global leader in hydrogen ecosystem solutions, Plug Power has deployed over 40,000 fuel cell systems, designed and built 110 refueling stations that dispense more than 40 tons of hydrogen daily, and is a technology leader in green hydrogen solutions via electrolysis.The company intends to offer unique, comprehensive, differentiated products and solutions to the LCV market, designed around 3 key pillars: * R&D: Groupe Renault and Plug Power intend to establish an Innovation Center for the development of fuel cell technology and hydrogen fuel cell LCV vehicles based on existing and future Groupe Renault platforms. The initial focus will be on the heavy van segment utilizing the Traffic and Master vehicle platforms. This center will be unique in combining R&D efforts of fuel cell and vehicles with integrated engineering teams. * Manufacturing: the joint-venture will combine the vehicle manufacturing capabilities of Groupe Renault with the fuel cell and hydrogen system manufacturing knowledge of Plug Power, establishing a vertically integrated fuel cell stack and system manufacturing center in France for integration into LCV vehicle platforms. In addition, this manufacturing center will provide hydrogen refueling systems, a key part of the hydrogen ecosystem. * Sales: this partnership will create a hydrogen vehicle eco-system solution company that offers vehicles, hydrogen fueling stations, hydrogen fuel, and services to customers. This comprehensive solutions approach will accelerate adoption by commercial fleets. The JV will start commercializing fuel cell LCV’s in Europe starting in 2021 with pilot fleet deployments.Luca de Meo, CEO of Renault, declared: “This joint-venture project is fully aligned with our strategy to offer market ready H2 solutions for LCVs. With Plug Power, we will build a unique end-to-end fuel cell value chain and offer turnkey solutions for customers including vehicles, refueling stations and decarbonized hydrogen delivery. With this project, our ambition is to position France as a bridgehead of industrial, technical and commercial development in this key technology, and to strengthen our leadership in Europe as our objective is to become the European leader in fuel cell LCV”.“Plug Power prides itself on being at the leading edge of innovation in the hydrogen fuel cell industry, which is why we are thrilled to partner with Groupe Renault to become a leader of market fuel cell heavy vans in Europe. We look forward to working with our new partners to combine our technology with their decades long experience leading the European automotive market,” added Andy Marsh, CEO of Plug Power.Groupe Renault and Plug Power will provide the stand-alone joint-venture with the required resources to achieve its objectives. Finalization of this joint venture is pending on the conditions normally applicable to this kind of operation, among which the presentation to employee representative bodies in accordance with applicable regulations and the potential clearance from the relevant competition authorities and should be completed by the end of the first half of 2021.Santander Corporate & Investment Banking is acting as sole Financial Advisor.About Groupe RenaultGroupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.8 million vehicles in 134 countries in 2019, with 40 manufacturing sites, 12,700 points of sales and employing more than 180,000 people.To address the major technological challenges of the future, while continuing to pursue its profitable growth strategy, Groupe Renault is focusing on international expansion. To this end, it is drawing on the synergies of its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), electric vehicles, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports, a real vector for innovation and awareness.About Plug PowerPlug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers. Learn more at www.plugpower.com.Plug Power Safe Harbor Statement This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc.("PLUG"), including but not limited to statements about PLUG's expectations regarding the planned joint venture with Renault, including when and if the joint venture will occur, the scope and terms of the joint venture, the potential LCV market share related to the planned joint venture, and the expected expansion into European markets. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG’s public filings with the Securities and Exchange Commission, including the “Risk Factors” section of PLUG’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.Media Contacts Groupe Renault Delphine DUMONCEAU +33 (0)6 09 36 40 53 delphine.dumonceau-costes@renault.comPlug Power North America: Ian Martorana - plugpowerpr@bulleitgroup.com Europe : Emilie de Chezelles - plugpower@clai2.com* Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30% share of the fuel cell-powered light commercial vehicle (LCV) market in Europe. * Joint-venture will establish in France state-of-the-art innovation and manufacturing capabilities for hydrogen fuel cell systems and their integration in vehicles. * The partnership provides a unique value proposition: turn-key fuel cell vehicle solutions with hydrogen fuel, refueling infrastructures and services. * This strategic project supports the decarbonization of mobility in Europe with the adoption of clean energy solutions, and the creation of innovating value-generating activities in France, including an industrial footprint in a promising market, business know-how and intellectual property in this new field of technologyBOULOGNE-BILLANCOURT, France, Jan. 12, 2021 (GLOBE NEWSWIRE) --  Groupe Renault, top automotive player, and Plug Power Inc. (NASDAQ: PLUG), global leader in fuel cell systems and hydrogen related services, announced the signature of a Memorandum Of Understanding (MOU) to launch a 50-50 joint-venture based in France by the end of the first half of 2021. This strategic JV will position Groupe Renault and Plug Power to become key players in Europe in the research and development (R&D), transformation, manufacturing and sale of fuel cell-powered vehicles and hydrogen turn-key solutions in the coming years. This joint-venture platform will serve the fast-growing market of fuel cell light commercial vehicles, taxis, and commercial people transportation.Bringing complementary and competitive strengths together, this joint venture will build on Groupe Renault’s pioneering experience in new energies and strong position in electric light commercial vehicles and on Plug Power’s 20 years of experience in fuel cell technologies and hydrogen solutions. A global leader in hydrogen ecosystem solutions, Plug Power has deployed over 40,000 fuel cell systems, designed and built 110 refueling stations that dispense more than 40 tons of hydrogen daily, and is a technology leader in green hydrogen solutions via electrolysis.The company intends to offer unique, comprehensive, differentiated products and solutions to the LCV market, designed around 3 key pillars: * R&D: Groupe Renault and Plug Power intend to establish an Innovation Center for the development of fuel cell technology and hydrogen fuel cell LCV vehicles based on existing and future Groupe Renault platforms. The initial focus will be on the heavy van segment utilizing the Traffic and Master vehicle platforms. This center will be unique in combining R&D efforts of fuel cell and vehicles with integrated engineering teams. * Manufacturing: the joint-venture will combine the vehicle manufacturing capabilities of Groupe Renault with the fuel cell and hydrogen system manufacturing knowledge of Plug Power, establishing a vertically integrated fuel cell stack and system manufacturing center in France for integration into LCV vehicle platforms. In addition, this manufacturing center will provide hydrogen refueling systems, a key part of the hydrogen ecosystem. * Sales: this partnership will create a hydrogen vehicle eco-system solution company that offers vehicles, hydrogen fueling stations, hydrogen fuel, and services to customers. This comprehensive solutions approach will accelerate adoption by commercial fleets. The JV will start commercializing fuel cell LCV’s in Europe starting in 2021 with pilot fleet deployments.Luca de Meo, CEO of Renault, declared: “This joint-venture project is fully aligned with our strategy to offer market ready H2 solutions for LCVs. With Plug Power, we will build a unique end-to-end fuel cell value chain and offer turnkey solutions for customers including vehicles, refueling stations and decarbonized hydrogen delivery. With this project, our ambition is to position France as a bridgehead of industrial, technical and commercial development in this key technology, and to strengthen our leadership in Europe as our objective is to become the European leader in fuel cell LCV”.“Plug Power prides itself on being at the leading edge of innovation in the hydrogen fuel cell industry, which is why we are thrilled to partner with Groupe Renault to become a leader of market fuel cell heavy vans in Europe. We look forward to working with our new partners to combine our technology with their decades long experience leading the European automotive market,” added Andy Marsh, CEO of Plug Power.Groupe Renault and Plug Power will provide the stand-alone joint-venture with the required resources to achieve its objectives. Finalization of this joint venture is pending on the conditions normally applicable to this kind of operation, among which the presentation to employee representative bodies in accordance with applicable regulations and the potential clearance from the relevant competition authorities and should be completed by the end of the first half of 2021.Santander Corporate & Investment Banking is acting as sole Financial Advisor.About Groupe RenaultGroupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.8 million vehicles in 134 countries in 2019, with 40 manufacturing sites, 12,700 points of sales and employing more than 180,000 people.To address the major technological challenges of the future, while continuing to pursue its profitable growth strategy, Groupe Renault is focusing on international expansion. To this end, it is drawing on the synergies of its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), electric vehicles, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports, a real vector for innovation and awareness.About Plug PowerPlug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers. Learn more at www.plugpower.com.Plug Power Safe Harbor Statement This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc.("PLUG"), including but not limited to statements about PLUG's expectations regarding the planned joint venture with Renault, including when and if the joint venture will occur, the scope and terms of the joint venture, the potential LCV market share related to the planned joint venture, and the expected expansion into European markets. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG’s public filings with the Securities and Exchange Commission, including the “Risk Factors” section of PLUG’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.Media Contacts Groupe Renault Delphine DUMONCEAU +33 (0)6 09 36 40 53 delphine.dumonceau-costes@renault.comPlug Power North America: Ian Martorana - plugpowerpr@bulleitgroup.com Europe : Emilie de Chezelles - plugpower@clai2.com

Groupe Renault & Plug Power Join Forces to Become Leader in Hydrogen LCV