Thursday, June 28, 2012

Plug powering a Union College dorm - Sacramento Business Journal:

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Testing of the Latham company’s (Nasdaq: PLUG) 5-kilowatt GenSys systen will be done atthe college’s Beuth House residencd hall. The combined heat and powee unit will convert natural gas into electricity and use less power off the The contract is valuedfat $500,000, Plug Power officials said. Nationakl Grid will use the data collectede in the trial to refinedthe product. GenSys is manufactured throughu Plug’s continuous power division. A larger GenSys generator designes for the telecommunications sector is being testedin India, Andy Marsh, the company’s CEO, said in a recent That fuel cell operates on liquified petroleum gas.
The piloty project was first announced inNovember 2008. At the National Grid hadn’t selected a customeer for the trial. Uniohn college wants the system runningh before students return for the fall It will require National Grid to install a pipe that will delived natural gas to the fuel The trial also will be used toeducate youngsters, who will be able to see the technology and use the data to analyzs the system’s performance, said Stanley Blazewicz, vice president of Globak Technology for National Grid. Union colleg e students will assist inthe process.
Plug has been developinbg the residentialGenSys fuel-cell system for a It is expected to reduce home energy costas by 20-40 percent, and reduce home carbojn emissions by 35 percent. The partnership with Nationa l Grid will expeditethe product’s commercialization, Marsh He said the residential market is a growingv one for energy-efficient technology. On Plug announced a $1.5 millionm contract to provide 19 ofthe company’d GenDrive hydrogen-powered fuel cells to power a fleet of the Departmen t of Defense’s lift Plug has generated commercial revenur from its continuous power, motive power and back-ulp power products.
Of those products, its GenDrive motive-power units—used in fleetx for heavy-duty lifting—are seeing the most traction, Gerry Anderson, Plug’s senior vice president and chieffinancial officer. He said the companyu has an order with Indi a to supply the country with some of its largerGenSysa units. He declined to elaborate on the agreement. The continuous-powefr units replace diesel generators. The only one of the company’w products that has not generateed revenue isGenSys Blue, the residential heating systen being tested at Union College.

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