Plug Power surpasses 1 million kWh of electricity generated for customers in the U.S., Europe and Asia

LATHAM, N.Y., Aug. 22, 2002 — Plug Power Inc. announced recently that its 5kW, grid-parallel, natural gas-fueled fuel cell systems have generated more than 1 million kilowatt hours of electricity in the field this year.

These systems were installed and have operated in more than 20 customer locations in seven U.S. states and three countries with an additional 13 systems slated to be installed in the upcoming weeks.

“The fuel cells at the Watervliet Arsenal, Watervliet, N.Y., have operated above the 90 percent availability specified in the contract during the 8 months since we installed the 10 units to power a portion of the Arsenal’s officer’s quarters, manufacturing and research facilities,” said Dr. Mike Binder, Program Manager of the U.S. Department of Defense Fuel Cell Program. “These systems, which contribute significantly to the power generated, have consistently exceeded 95 percent availability to date.”

Plug Power’s customer base includes electric and gas utilities, research facilities, the U.S. Department of Defense, and telecommunications providers. Systems are currently providing power to homes, office buildings, research facilities, a telecommunications hut, a vehicle refueling station, and directly to the electric grid.

Systems currently being installed provide both electricity and cogeneration heat for use in heating and hot water applications.

“Our products in the field are beginning to alleviate the burden on the electrical grid,” said Roger Saillant, Plug Power President and CEO. “Last week KeySpan Energy, system operator for the Long Island Power Authority, brought the entire fleet of Plug Power systems at the West Babylon site to full power to meet peak system demand conditions resulting from high temperatures on Long Island.”

Support of an operating fleet of more than 100 systems utilizes the efforts of the customer’s own service personnel. These individuals participated in a two-week service-training program at Plug Power’s headquarters.

Each graduate of the course has learned to install, operate and service the fuel cell systems. Plug Power’s customer service staff provides guidance and support to the customers to maximize the availability of the products to meet the customer’s specific objectives.

“The ability of a fuel cell manufacturer to train customers to install and service the systems represents a unique support model for this technology,” said Sam Logan, President of LOGANEnergy, an Atlanta, Georgia-based project developer and Plug Power customer. “This type of training will become more critical to this industry as the technology continues to mature and spread to more distant locations.”

Plug Power designs, develops and manufacturers on-site electric power generation systems utilizing Proton Exchange Membrane fuel cells for stationary applications. Plug Power’s fuel cell systems are expected to be sold globally through a joint venture with General Electric and through DTE Energy Technologies in a four-state territory, which includes Michigan, Illinois, Ohio and Indiana. The Company’s headquarters are located in Latham, N.Y., with offices in Washington, D.C. and The Netherlands.

SOURCE: Plug Power Inc.

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