Plug Power Inc. (Latham, NY), a fuel cell development and manufacturing company, announced an order for 63 GenCore® backup fuel cell systems from Tyco Electronics Power Systems Inc. The systems were sold to a US-based telecommunications provider for integration into its network over the next few months. The GenCore systems will be co-branded with both the Tyco and Plug Power brand names. This is the first time that Plug Power products have been sold under another brand.
"This sale is Plug Power's second significant order in the past month, and we believe that this is indicative of the progress we are making toward our public milestone of 300 GenCore orders this year," said Plug Power Chief Marketing Officer Mark Sperry. "While major telecoms continue to purchase and test our fuel cell systems, we believe this sale represents real commercial traction and validates the strong value proposition offered by GenCore."
