Fuel cell technology specialist, Plug Power proclaimed that it has secured 534 orders for its GenDrive full cell systems from material handling customers during the Q1 of 2011.
Plug Power’s orders in the Q1 of 2011 have surpassed its 419 GenDrive orders in the Q4 of 2010. It is a new record in the hydrogen fuel cell market because none of the fuel cell producers has secured that much number of orders in a single quarter.
Plug Power has included five new client locations to its expanding list of customers. The company will supply class-3 units for rider pallet jacks, class-2 units for reach trucks and class-1 units for sit down counterbalanced trucks for these new locations. The GenDrive fuell cells will be used in electric lift truck fleets in New Jersey, Texas, Massachusetts and New York. Plug Power has also secured follow-on orders for more units from Bridgestone in Tennessee and BMW in South Carolina.
Earlier in 2010, Plug Power was focusing on the North American market for its GenDrive products. However in the Q1 of 2011, the company has made an entry into the European region by earning an order from a French customer to supply 10 GenDrive fuel cells. These GenDrive fuel cells are suitable for European-style lift trucks that handle a range of welding supply parts in a warehousing and distribution center.
Source: http://www.plugpower.com