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Article: GE Power Systems, Plug Power Forming 'GE Fuel Cell Systems' to Market Fuel Cells Worldwide
- Article from:
- PR Newswire
- Article date:
- September 10, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SCHENECTADY, N.Y., Sept. 10 /PRNewswire/ -- GE Power Systems and Plug Power have signed a memorandum of understanding to form "GE Fuel Cell Systems," a joint venture that will sell, install and service Plug Power-designed and manufactured fuel cell systems. Today's announcement follows Plug Power's recent demonstration of a prototype residential fuel cell system that produces more than enough power to meet the energy requirements of an average-sized home.
Under the terms of this understanding, GE Fuel Cell Systems will distribute Plug Power fuel cells for residential and small commercial power applications. GE will be Plug Power's exclusive distributor for fuel ...