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Plug Power Inc  (PLUG)
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Plug Power Inc's Suppliers Performance

PLUG's Supply Chain

 
PLUG Costs vs Sales of Suppliers Growth Plug Power Inc recorded an increase in cost of sales by 43.46 % year on year, relative to one quarter ago cost of sales fell by -0.49 % in Q3.

More on PLUG Suppliers




Plug Power Inc recorded increase in cost of sales by 43.46 % year on year, compare to one quarter ago cost of sales fell by -0.49 % in Q3.

More on PLUG Suppliers



  News about Plug Power Inc Contracts

Plug and Uline: A Powerhouse Partnership Evolving Efficiency with Hydrogen and Fuel Cells

As the world intensifies its efforts to combat climate change and reduce its reliance on fossil fuels, innovative technologies are emerging to revolutionize the way we power our industries. In a groundbreaking move, Plug and Uline have expanded their partnership, investing a staggering $20,000,000 to supply hydrogen and fuel cells at four additional sites. This long-standing collaboration serves as a testament to Uline's unwavering commitment to Plug's hydrogen and fuel cell solutions, an investment that promises to significantly enhance the efficiency of operations.Over the past eight years, Plug and Uline have worked hand in hand to champion sustainable energy solutions. Their collaboration has resulted in...




Plug Power Inc's Comment on Supply Chain


Most components essential to our business are generally available from multiple sources. We currently obtain certain components including, but not limited to, fuel cell stack materials, and other hydrogen components from single or limited sources. We are, however, evaluating and testing alternate component sources.

We believe there are component suppliers and manufacturing vendors whose loss to us could have a material adverse effect upon our business and financial condition. Such vendors include sources of our fuel cell stacks. We are mitigating these potential risks by introducing alternate system architectures which we expect will allow us to diversify our supply chain with multiple fuel cell stack and air supply component vendors. We are also working closely with these vendors and other key suppliers on coordinated product introduction plans, strategic inventories, and internal and external manufacturing schedules and levels.


Plug Power Inc's Comment on Supply Chain


Most components essential to our business are generally available from multiple sources. We currently obtain certain components including, but not limited to, fuel cell stack materials, and other hydrogen components from single or limited sources. We are, however, evaluating and testing alternate component sources.

We believe there are component suppliers and manufacturing vendors whose loss to us could have a material adverse effect upon our business and financial condition. Such vendors include sources of our fuel cell stacks. We are mitigating these potential risks by introducing alternate system architectures which we expect will allow us to diversify our supply chain with multiple fuel cell stack and air supply component vendors. We are also working closely with these vendors and other key suppliers on coordinated product introduction plans, strategic inventories, and internal and external manufacturing schedules and levels.








PLUG's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Plug Power Inc 1,930.28 889.92 -949.90 439
SUBTOTAL 0.00 0.00 0.00 -


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