Amazon-backed firm to help power its trucking fleet with electrofuels [Reuters]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Reuters
Infinium's supply of electrofuels — a fossil-based fuel alternative created with carbon waste and renewable power — will reduce Amazon's carbon emissions for roughly 5 million miles of travel per year, it said. The tech giant said it plans to initially use the electrofuels in trucks in its middle-mile fleet in Southern California. The agreement comes after Amazon last month signed a deal here with Plug Power Inc for 10,950 tons of green hydrogen every year starting 2025, to help it replace grey hydrogen, diesel, and other fossil fuels. Amazon invested in Infinium, a renewable electrofuels solution provider, in 2021. It was a part of Amazon's Climate Pledge Fund — a $2 billion investment program launched in 2020 to invest in companies to help reduce the impact of climate change and support sustainable development. (Reporting by Chavi Mehta in Bengaluru; editing by Uttaresh.V)
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News
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- Plug Power Inc. Class Action: Levi & Korsinsky Reminds Plug Power Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 21, 2024 - PLUGAccesswire
- PLUG LAWSUIT ALERT: Levi & Korsinsky Notifies Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineAccesswire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Plug Power Inc. Lawsuit - PLUGAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Plug Power Inc. of Class Action Lawsuit and Upcoming Deadlines – PLUGGlobeNewswire
PLUG
Earnings
- 11/9/23 - Miss
PLUG
Sec Filings
- 4/8/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- PLUG's page on the SEC website