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Tuesday, March 5, 2024

Plug Power CEO expects ‘great time’ for hydrogen industry, after Democrats win Senate

  • "There's no better friend to the fuel cell industry over the last 20 years than Sen. [Chuck] Schumer and, boy, [he'll be] in charge of what legislation gets to the floor," Plug Power CEO Andrew Marsh, reacting to the results of Tuesday's Georgia Senate runoffs, told CNBC.
  • "I think it's going to be a great time for the hydrogen fuel cell industry, and being a New York company, we couldn't be luckier to have such a great senator," he said in a "Mad Money" interview Thursday.
  • After Democrats Raphael Warnock and Jon Ossoff won their respective Senate runoffs, tilting power in the chamber to the Democratic Party, President-elect Joe Biden will enjoy a government trifecta.

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