The company, the first tenant at the manufacturing park, is also funding the construction of a 450-megawatt electricity substation on site that will support its hydrogen projection facility and future growth opportunities at STAMP. Plug Power recently opened its $125 million hydrogen fuel cell innovation center in Monroe County that will create 380 jobs, and has also begun construction on a $290 million, state-of-the-art, green hydrogen fuel production facility and electricity substation at the Western New York Science, Technology and Advanced Manufacturing Park (STAMP) in Genesee County. The innovative fuel cell systems that will be manufactured in the Capital Region support the State’s efforts to reduce emissions from the transportation sector and advance Governor Hochul’s nation-leading goal to reduce emissions 85 percent by mid-century.” Harris said, “Plug Power’s latest strategic expansion demonstrates their continued leadership and commitment to developing technologies critical to the clean energy transition and addressing climate change. New York State Energy Research and Development Authority President and CEO Doreen M. Driscoll, said, "Plug Power is continuing to drive the advancement of green hydrogen technology at its locations throughout the state as New York leads the path forward to achiev e a clean energy economy. Plug Power’s decision to expand further in Albany County - creating more than 1,600 jobs - is a significant economic boost to the region and a win for the State in advancing its bold climate action goals.” New York Power Authority Interim President and CEO Justin E. We are proud of Plug Power’s expansion and commitment to not only creating top-quality green jobs across the state, but their continued commitment to the Empire State as we continue to foster a green economy and build a better New York State for future generations.” Senate Majority Leader Charles Schumer, Congressman Paul Tonko, Empire State Development, NYPA and Albany County, for their support in helping us grow our presence in New York and create more than 1,600 new green jobs at our latest Capital Region location.”Įmpire State Development Acting Commissioner and President and CEO-designate Hope Knight said, "New York State is committed to a renewable future and green energy is vital to that goal. I’d like to thank our elected officials and partners, including Governor Hochul, U.S. We are grateful that our home state of New York is leading the way on clean, renewable and sustainable energy initiatives, and that Plug Power’s green hydrogen solutions can play such an important role in the state’s comprehensive decarbonization strategy. In addition, the New York Power Authority ( NYPA) Board of Trustees will review a power allocation award from NYPA’s low-cost ReCharge NY power program at its public meeting later this month.ĬEO of Plug Power Andy Marsh said, “Plug Power is proud to further expand its green hydrogen network with our new manufacturing plant located in New York State’s Albany County, where we were founded 25 years ago. Empire State Development (ESD) has agreed to provide up to $45 million in performance-based Green Excelsior Jobs Tax Credits to encourage the creation and retention of green jobs. Additionally, the company has committed to creating 1,633 new jobs, and retaining another 701 jobs in Albany County, to support its new green energy production needs. This $55 million investment to construct, outfit and equip Plug Power’s new 350,000 square foot plant will be used for expanding production, warehousing and servicing, of the GenDrive line, which offers drop-in fuel cell solutions for existing electric truck fleets.
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