Paul Rodden • Season: 2025 • Episode: 382
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Welcome to The Hydrogen Podcast!
Welcome to The Hydrogen Podcast! In this special episode, Paul Rodden sits down with Andy Marsh, the visionary CEO of Plug Power, to discuss the company’s journey and the pivotal role it’s playing in shaping the global green hydrogen economy.
Key Topics Covered:
🔹 Plug Power’s Evolution: From forklift fuel cells to leading green hydrogen innovation
🔹 Green Hydrogen Milestones: Largest PEM electrolyzer plant, global expansions, and key partnerships
🔹 Vertical Integration: How Plug Power is building a cohesive hydrogen ecosystem
🔹 Challenges & Opportunities: Navigating supply chain complexities and political uncertainties
🔹 Global Impact: US vs. Europe in hydrogen incentives and Plug’s global expansion strategy
Featured Highlights:
1️⃣ Hydrogen Ecosystem Leadership: Plug Power’s integrated approach, from production to refueling
2️⃣ Infrastructure Expansion: Updates on plants in Georgia, Tennessee, Louisiana, and Texas
3️⃣ DOE Loan Influence: How $1.66B funding accelerates Plug Power’s green hydrogen projects
4️⃣ Collaborations with Industry Giants: Walmart, Amazon, BMW, and more
5️⃣ Future Vision: Why green hydrogen is essential for a sustainable energy transition
Why Watch This Episode:
Andy Marsh shares candid insights into the hydrogen industry’s current state, Plug Power’s role as a leader, and the critical importance of hydrogen in achieving a sustainable energy future. Whether you’re an investor, energy enthusiast, or policymaker, this is a must-watch discussion on green hydrogen’s transformative potential.
Keywords:
Plug Power interview, Andy Marsh, green hydrogen, hydrogen economy, electrolyzers, hydrogen infrastructure, hydrogen policy, hydrogen jobs, clean energy, hydrogen fuel cells, Paul Rodden, hydrogen podcast, renewable energy, hydrogen storage, Walmart hydrogen, Amazon hydrogen, DOE hydrogen funding, Plug Power Texas, hydrogen expansion, hydrogen future, energy transition.
Call to Action:
“Don’t miss this deep dive into the future of green hydrogen with Plug Power CEO Andy Marsh! Subscribe to The Hydrogen Podcast for weekly expert insights and industry updates.”
Chapters:
0:00 – Introduction
0:41 – Andy Marsh on Plug Power’s Evolution
3:34 – Key Milestones in Green Hydrogen
5:14 – Creating a Cohesive Hydrogen Ecosystem
7:13 – Challenges in Vertical Integration
9:15 – Importance of Manufacturing Electrolyzers
11:06 – Supply Chain Strategy
12:50 – Political Climate & Hydrogen Momentum
17:02 – Securing Hydrogen’s Future Amid Policy Shifts
18:28 – Plug Power’s Resilience in a Changing Landscape
19:31 – US vs. Europe in Green Hydrogen Incentives
23:17 – Collaborating with Industry Giants
28:01 – Updates on Georgia, Tennessee, and DOE Loan Plans
29:59 – Final Thoughts: Plug Power’s Leadership Vision
🎥 Watch Now to learn how Plug Power is transforming the hydrogen industry and leading the charge for a sustainable future! 🌍
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Transcript:
Paul Rodden 0:00
Hi and welcome to the hydrogen podcast, where we explore the evolving world of hydrogen energy and the industry leaders shaping its future. Today, we’re honored to be joined by a true pioneer in the hydrogen space, Andy Marsh, CEO of plug power. Andy has been at the forefront of plug power’s remarkable journey transforming the company into one of the global leaders in hydrogen solutions. Under his leadership, plug power has advanced ground breaking innovations from Green hydrogen production to cutting edge electrolyzer technology, and is helping to build a more sustainable energy ecosystem. Andy, it’s great to have you here with us. Thank you for joining the show.
Andy Marsh 0:41
Great to be here, Paul. And not a bad introduction. I like that. I have to copy that one.
Paul Rodden 0:47
That’s all yours.
Andy Marsh 0:48
Okay
Paul Rodden 0:50
Andy, for those who may not be as familiar, could you give us an overview of plug power’s journey and how the company has evolved to build a fully integrated green hydrogen ecosystem?
Andy Marsh 1:05
So Paul, we’ve done a lot over the years. And no, it really started about 15 to 17 years ago, when we focused on something which wasn’t the sexiest thing in the world putting fuel cells in the forklift trucks actually built a pretty good business around it. We’ve deployed over 70,000units over that time frame with some of the biggest names in the industry, people like Amazon and Walmart. As we went through that journey, I think one of the challenges has always been the maturity, and, quite honestly, the commitment of players to support the entire hydrogen ecosystem, it really drove us to build our own hydrogen fueling stations. We’ve built, you know, over 250 to date. I think the numbers like 285 we do a fueling probably every two seconds. But that really became the base for our business. We really did begin to realize that the only way we were going to be successful is to really be able to generate and distribute our own hydrogen. Then we kind of took a look back and you know, the times were when we started to sustainability was not the key driver. It is today, and look, even with the ups and downs, politically, it’s still a driver. We really made some acquisitions to move into green hydrogen through an acquisition of a company that was renowned for their stack development by the DOE, we added an oil and gas integrator who’s been an outstanding addition to the team we then So today, we’ve deployed more PEM electrolyzers than anyone else in the world, and operate the largest PEM electrolyzer plant in the world, and a lot of it has quite honestly, when I take a look back, you think about Tesla, they kind of came to the conclusion that they had to build their own fueling network. We came to the conclusion we had to build our own hydrogen network to really be able to serve and support customers appropriately. And look, I would love to say there’s commitment across the industry, but look, we just got through Thanksgiving weekend, and I had to make sure hydrogen was at every site, that fuel cells were working at every sites. And there were 280 of those sites. And that kind of commercial mentality really is not the norm in the industry.
Paul Rodden 3:34
Yeah, plug power has been leading the charge in developing green hydrogen. What key milestones or recent successes would you like to highlight that demonstrates the company’s progress toward realizing this vision.
Andy Marsh 3:46
So the obvious one is that we’re operating the law, as I mentioned, the largest green hydrogen plant in the world. That’s a big deal. But we’re also building for another customer gap in Portugal, the largest electric PEM electrolyzer in the world, which will supersede us, which will be deployed next year. I think the work we’re doing in really building out a hydrogen network. We have a plan in Georgia, we have a plan in Tennessee. We’ll bring online in the first quarter, a plan in Louisiana. And, you know, we expect that the DOE loan will go through, and we’ll be building it, finishing completing Texas in the next 18 months. And when we get done with those four plants, we’ll be the second largest producer in the world of liquid hydrogen. And that’s, I think, really uniquely positions plug some really straightforward ones and one that should be forgotten, we’re doing about seven gigawatts of basic engineering design packages for customers as they look to build out their own green hydrogen plants, and they’re paying me for it so that that shows they’re for real.
Paul Rodden 5:00
That’s right.
Paul Rodden 5:03
When you talk about creating a green hydrogen ecosystem, what are the critical components that plug power is focusing on, and how do they fit together to create a cohesive infrastructure?
Andy Marsh 5:14
Let’s talk about the Texas plan. Here’s something we don’t do, and I have no plans of doing, is but we’re buying green electricity from next hour, very competitive price, which allows it for a competitive price for green hydrogen at that facility, the electrolyzers, which which will take that electricity and create green hydrogen, are actually manufactured and deployed by plug. If you go, take a look at the United States, because of our large distances, you really need. And if you’re moving quantities of hydrogen, you really need to liquefy it, the liquefier at that, those facilities, those cryogenic equipment, which takes it down to 25 degree Kelvin, which is really cold. I think it’s about the temperature of Pluto, if you were on the surface of Pluto today. If you then think about how that is moved in cryogenic trailers, and who’s moving it, it’s actually plug. If you start thinking about, you know, the storage facilities where it’s being delivered to at our customer sites, where they’re either using our stationary products or a fuel cell, products that storage facility, fueling stations provided by plug. You know, our network will, you know, will send signals all throughout the network about what’s needed where. But as I mentioned, you know, over the holiday weekend here, we’re delivering about 30 tons of hydrogen per day in it from our own sources, another 2025, for our customers. So we know how to move hydrogen, we know how to create hydrogen, and we know how to use hydrogen. Paul.
Paul Rodden 6:54
Moving on to vertical integration challenges, building a vertically integrated green hydrogen infrastructure is a massive undertaking. What are some of the biggest challenges Plug Power has faced while integrating aspects like electrolyzer manufacturing, hydrogen production, liquefaction and refueling stations.
Andy Marsh 7:13
So let me start with the easier portions, because we’ve done it a long time when it comes to making a fuel cell, when it comes to building a fueling stations. I mean, we build fueling stations on skids, ship them to sites. You actually learn, after making 70,000 fuel cells, you actually learn how to make one. And our trailer business, a lot of the folks come from a background you know, you’re in Houston, our our trailer business folks are in Houston, and they’ve been developing cryogenic components technologies for 15 years, often going back to the LNG industry. I think the bigger challenges have reside in how you develop integration capability for electrolyzers, how you develop repeatable stack manufacturing. We have the largest mea factory in the world in Rochester, New York. You know that that was hard. You know, we not only integrate ourselves our electrolyzers. You know, the world’s come to a point where there’s needs for localization. So there’s a lot of work that we do in Europe with that partners in the Middle East, in Vietnam, and developing and managing that integration network is probably not unique to many industries, but actually pretty novel in the hydrogen fuel cell industry and without expertise of people we brought from the oil and gas segment. About 30% of my salary employees actually worked in oil and gas, and that expertise really makes how you put those products together on a global footprint. We’re really just following the oil and gas industry. I think learning from other industries has been really, critical.
Paul Rodden 9:01
Plug Power has made significant strides in manufacturing electrolyzers and fuel cells. How important is this vertical integration to the overall success of the hydrogen industry? And how does it differentiate plug power from competitors?
Andy Marsh 9:15
I’m going to take the second part of your question first, Paul, so when we go sell an electrolyzer company. We also can provide them other items to meet their needs. We can position our liquefier business because we do know how to take hydrogen move into the liquid form. We have trailers which can move hydrogen. I think that ability to go to customers and say, we can sell you a total package, you know, as our CFO would say, you know, having one throat to choke for the customer, I think really does, especially at this stage in the industry, it’s easier for the customer to manage and in. You go, kind of as analogy. It’s really how we ended up in fueling stations. People like Walmart came to me and told me that, you know, essentially, they wouldn’t buy anything from plug because they needed someone who would take care of the fueling station, somebody that would take care of the service. And it really, I think, in these newer industries, the complexity of managing multiple suppliers who, quite honestly, you’re not really sure of a lot of the folks because they haven’t been around that long. No, you have folks who haven’t been around that long. You’ve also had folks who’ve been around a long time, and a lot of times, you know, we can be a business or in a business they’re not in, if you’re a large company, really pretty quick. And so when you think about that, plugs in this industry, we’ve done it all. It makes it an easier buying decision, because you can count that we can make it work.
Paul Rodden 9:19
So what in plug power’s approach to dealing with supply chain issues, especially when it comes to producing and deploying the hardware needed for hydrogen production and distribution?
Andy Marsh 11:06
Let’s think about this. The easy part are the difficult components, right? It’s the things that when you think about supply chain, you know, where are you going to get your precious metals? That’s pretty big, big issue in this hydrogen fuel cell industry, and you can establish good relationships with Johnson math, I actually probably have more headaches, Paul, with the things you don’t think a lot about, because, you know, you’re they’re not considered unique or critical, but the key critical components, you know, we develop partnership arrangements with buyers who are capable of providing who have the manufacturing capacity, who have it, and I think this is important, have a commitment of some sort to the hydrogen industry, have an idea what they’re getting involved, yeah. So I think that’s really important. I think the more difficult items or folks either dip their toe in or don’t really have the scale and put the emphasis on this market. That becomes more challenging in the supply chain, we have a very good supply chain team. We have a fellow by Rick Mason who’s been in with us for over 20 years, who kind of he ran our manufacturing for a while. We kind of knows the ins and outs. But the supply chain challenges, both from a delivery, a cost point of view, a quality point of view, is something that, quite honestly, the hydrogen industry, we gotta continue to get better at.
Paul Rodden 12:32
The political landscape in the U.S. has changed recently, and it will most likely impact the direction of the hydrogen industry. How do you think the current political climate affects the momentum for hydrogen?
Andy Marsh 12:50
Since I’ve been doing this for 17 years, probably more balanced when it comes to the good and bad potential. I mean, you know, if you go back the first tax credits and government support for hydrogen actually happened under President Bush. The investment tax credit for fuel cells was actually extended under a pure Republican Congress in 2018 with President Trump. And look, the environmentalists you know, have always been pretty ambivalent to hydrogen fuel cells. And we’re, in many ways, people who support us are often oil and gas companies, right? So, but if you really kind of break down, and when I think about it, it’s really, you know, what does it mean for tax credits? What does it mean for grant programs? What does it mean for the Department of Energy loans? You know, I think for tax credits, I actually think that it’s not bad. I would actually give there a an arrow in the right direction, because, you know, there’s a production tax credit that went in with the IRA, which quite honestly, ignored the congressional intent. In our opinion, I’ve been very public about this, and, you know, put in restrictions with the initial guidance, which we felt had no semblance to the legislation that was written. And at the time, I was the chairperson the fuel cell and hydrogen Energy Association. And I know there, there’s this concept of the three pillars, and I’m sure your listeners have heard about that’s nowhere in the legislation, right? We think that the chevron ruling, we think first, there will be new regulations written by the end of the year. Yeah, I think the chevron ruling will make folks look at congressional intent. And so I actually think the PTC will actually be more favorable over the next six months investment tax credit. You know, there was a movement to net zero, which actually is probably. One of the poorest written regulations. If the PTC regulations were written poorly, the net zero regulations really doesn’t even find fuel cells properly, right? And we actually know that there are 14 signatures to extend the ITC, which is signed on by members of the House who are Republicans. We think that there’s an opportunity to revamp what was done with the net zero legislation. When the new tax bill comes through, I don’t think grant programs and the hydrogen hubs, you know, I think they’re probably both will have some challenges. We feel pretty good about the plug grants, because we’ve actually contractually already completed those, but I don’t expect anything more, and I suspect that people be looking at grant programs. I think the DOE loan, I think getting it done before the new administration will be important for plug just because if you go back, there are no doe loans. You know, with the past is the best predictor of the future. There were no doe loans under President Trump the first time. So it is important, I think, to get that done sooner. Well, think there’ll be a lot of new legislation to help next to what I mentioned with the ITC, but I also would mention that when you look at projects, you know, I think 80% of our supply chain and projects are actually in red districts, and I think that’s pretty common for hydrogen and fuel cells. So Congress still matters, right? And the house is very tight, and people don’t, you know, people like programs in their own districts. So I think that, to me, will temper, you know, activities that may limit the development of hydrogen.
Paul Rodden 16:53
What steps then do you believe the industry needs to take to ensure hydrogen remains a priority, regardless of the political shifts that may occur?
Andy Marsh 17:02
I think it’s really simple, Paul, we gotta continue to sell the customers, create jobs, export products like we’re doing a plug. I think politicians are really simple, and I don’t mean that in a insulting way that I think they respond to job creation, and I think that’s important. The second item is, and I think this goes across both parties, energy and hydrogen are a national security issue, and if the US falls behind, it’s us in China at the moment, right? And regardless of what one’s views are on China. The fact of the matter is there is a global competition going on between the US and China and and hydrogen is part of that global competition, and it’s one that I think people will want us to win. Right? We had a plug symposium where we have investors and customers come up. And I had one of our Republican lobbyists there, and he walked through our factory and said, Boy, this is exactly what Republicans want when they talk about manufacturing. We just gotta help create jobs and create value for American society. And you just kind of touched on this too.
Paul Rodden 18:20
But how is Plug Power positioning itself to remain resilient in the face of changing government priorities and political challenges?
Andy Marsh 18:28
Well, I think the other item is it’s not different than an investment fund. We’re engaged around the world, right? So probably 30% of our sales were international in the third quarter, probably is 5% in third quarter, 23 so much of our activity at the moment is going on places like Europe and Australia, right? And, you know, I think, you know, I, I think spreading our market around you become a little bit more immune to shifting political priorities. I actually, as I’ve mentioned earlier in this podcast, I’m probably much less worried about whether it’s an R, whether it’s a D. I think both want to make sure the US wins, and I think what we do is important for the US winning.
Paul Rodden 19:17
So government incentives and mandates play a critical role in accelerating hydrogen adoption. How do you see the differing incentives in the US and Europe impacting the development of green hydrogen in the future?
Andy Marsh 19:31
Europe’s probably easier in some ways, because Europe is mandates. You have to meet certain criteria, right? And for example, Europe has a criteria. 42% of the hydrogen needs to be green by 2030 I don’t think they’ll make it, but probably make it 2032-33 which is actually okay for us in the hydrogen industry. It plays a big, big role, especially in the Open in Europe. And I think when you look at Europe, the fact that head of the EU is remain, the president EU’s will remain the same the next five years. You know, we mean, you look at the structure of the EU, it became more conservative, but not that much more conservative, right? There really hasn’t been a dramatic change in the EU so I don’t see a dramatic change in any of the mandates. You know, when I take a look around the world, there are places where it’ll be easier doing business, places where they’re harder to do business. I think the best three places to do business today for a company, plug sides, quite honestly, United States, Australia and Europe, where there’s a higher level of predictability. And I can imagine people listening to this say, Well, it’s hard to predict what’s going to happen come January 20. I think the US is more stable. What social media and what the newspapers will say every day, no, but no politicians going to let the stock market collapsed without doing so, not on their watch, not on their watch. I mean, I think people overestimate politicians are responsive to their constituents. And look what happened last election was people didn’t like the price of shopping, right, the supermarket, right? And politicians got punished for that.
Paul Rodden 21:24
And how does Plug Power navigate the complexities of working with different regulatory environments? And what role do you see for policy in driving hydrogen infrastructure development?
Andy Marsh 21:34
You know, I fundamentally believe if you’re in energy, the government’s involved in energy. I hear folks talking about the oil gas or natural gas doesn’t need the government, all I can think is that doesn’t really make any sense to me. So the government’s involved. So what could the US government today do that could be helpful, and I think a lot of it making sure the regulations are put on the book are reflective, and I think that, like most folks, we think things like permit reform will accelerate markets in general here in the United States, and it’s tough to build things in the United States. Yeah, it’s easier to it’s easier to build in Georgia than it is to build in the northeast, right? I mean, when I look at how quickly we’re able to build in Georgia and how some of my projects in the northeast, how much longer they take, a lot has to do with permitting and approaches which protect the environment. But I think one of the complaints the American people have is takes too long, right? You know, I was reading like a New York subway system, it took, like, three years to get 37 stations going in 1900 we need to be at the same point in life, Paul, where we can actually build things and get them going. And that’s what the government probably could do the best the next four years. Is right, make it easy to get moving. I know that’s easier said and done. I think Europe has the same issues. Why is China ahead? China knows how to get things built, not all the time, sensible, but they’re not afraid to build. And we gotta get to the same point where US, in the liberal democracies, are willing to build again, right?
Paul Rodden 23:17
And speaking of buildings, blood power has built strong relationships with some big names, Amazon, Walmart, Home Depot, BMW, Microsoft. Can you share some specific examples of how these companies are using hydrogen and what kind of impact it’s having on their operations?
Andy Marsh 23:37
No one buys from me because it costs them more money. The value proposition is either for some customers, if you’re in food distribution, where, where they actually have turns, which inventory turn, which approach once a day. Moving goods fast is really valuable. If you look at it, we help Walmart move their goods about 8% faster in their distribution center than competitive technologies with battery. When people talk about hydrogen cars, they talk about fast fueling. They talk about long range. Actually, that’s kind of what we do with fuel cells. With other customers, it can be they can reduce their assets because they’re moving goods faster. We also have customers, you name, who use our stationary products at ironically, using fuel cells to power electric vehicles because you can’t get the grid today. You know, they’re just some simple examples of things and offerings that plug power is brought to our customers.
Paul Rodden 24:35
I love that metric too, by the way. I love that with customers like Amazon and Walmart, material handling has been a key area. How has plug powers technology helped these companies in terms of efficiency and sustainability?
Andy Marsh 24:49
They buy it because they either removing more goods or they can use have less assets. And that’s really kind of that is the value proposition when a sustainability. Front and actually, I should add a third one. You know, getting power is really tough nowadays. One of our large customers wants to improve their freezers at their facilities. Freezers are a big money maker for groceries, something I never knew but, but you can’t use the latest and greatest freezer technology unless you take need power. And actually, by using fuel cells, we reduce their power load, eliminating their battery room, something I never actually thought about, yeah, in the past. Now, when you really get to the heart of it, that’s why they save money. If you’re running using our green hydrogen, you’re next to the diesel that’s used to move the hydrogen to the site. You know, you have a zero emission device at site, and you actually have zero emissions in the generation of the energy. And you know, it’s some distributions. 30% of the load is associated with the forklift truck fleet. So it can be a big deal when they look at their sustainability goals, yeah.
Paul Rodden 25:58
So beyond the forklifts and industrial vehicles. Are there emerging applications with these partners that you’re particularly excited about?
Andy Marsh 26:05
I would not downplay our stationary products, and I mentioned we have some where we’re powering electric vehicles today, but it is becoming more and more challenging to cite diesel engines, like in California, you can only and your audience may correct my exact number, but I think it’s like 50 days a year you can run a diesel, and that actually becomes quite problematic in certain areas. Hydrogen and fuel cells is backup still start making some sense, especially if you can add functionality. Paul, and this is kind of where you know data centers are heading and one of my largest customers runs a lot of data centers. You can see the hydrogen fuel cell products not only could back up a data center, but provide peak power when electricity costs are high. And so that an opportunity not to take power off the grid or sell power to the grid. And if you really think about where the world is heading, that’s really where the world will head in 2035 2040 when the grid becomes more and more renewable, where you can be generating hydrogen at off hours, you know, 11% of the grid in Germany was actually negative in the month of May, the cost of electricity, essentially, you can be generating hydrogen for free, turning down in electricity during peak times. And that’s really where the world’s evolving to. And that’s actually a world we’re evolving to with our customers. Some of those customers you mentioned, we’ve actually deployed electrolyzers with, like Amazon, so you start seeing this what a future micro grid could look like at the distribution centers we’ve been deploying products at.
Paul Rodden 27:50
Plug Power has been actively expanding its hydrogen production capabilities. Can you provide us with updates on your current plans, particularly in recent developments in Georgia and Tennessee.
Andy Marsh 28:01
Both those plants, they’re just operating facilities at the moment. I don’t even think about them much anymore. Paul, every day, trucks pull up, they take hydrogen out, and they work. It’s just a typical plant, and Georgia is 15 tons of green hydrogen. We use waste stream hydrogen in Tennessee at 10 tons per day. We’re about to bring Saint Gabriel’s online in Louisiana with our partner Owen, which is 15 tons a day. And 18 months from now, we’ll double that in Texas with 45 tons a day of green hydrogen, where we already have a PPA for.
Paul Rodden 28:01
Wow, the US Department of Energy offered a conditional loan guarantee, and you mentioned this a little bit ago, of up to $1.66 billion to plug power in May of this year to support the development of up to six new green hydrogen production plants across the US. How is this funding influencing your expansion plans and timelines?
Andy Marsh 29:05
Well, it’s, it’s important, especially in taxes, that’s really the focus. Is a lot of work to get it done before the change in administration. And you know, that is our focus. And you know we’re working closely with the DOE to make that happen, and that’ll allow us to bring we’ve invested a great deal in Texas already, hundreds of millions of dollars. It’ll really help position us to close that out. We also have activities going on, Paul with outside equity providers also for Texas. So you know all that activities going on at the moment.
Paul Rodden 29:37
Well, hey, next time you’re in Texas, you gotta give me a call.
Andy Marsh 29:40
Okay, we’ll do Paul.
Paul Rodden 29:41
Very good. Andy, this has been an incredible conversation. We’ve covered everything from plug power’s journey to the challenges and opportunities in green hydrogen and its development. Before we wrap up, are there any final thoughts you would like to share on the future of green hydrogen and plug power’s role in shaping it?
Andy Marsh 29:59
So, Paul, I know it’s been a tough three years, right? There was this initial enthusiasm for green hydrogen back in 2021 and then again, you know, after the IRA passed in 22 right? What folks see? You know, I’m, I’ve, I never get too excited. I never get too disappointed. But the journey has been the vectors in the right direction. Yeah. Does anyone really believe that somewhere in the next 30 years, the grid’s not going to become more sustainable? You know, both from a cost point of view as well as from an environmental point of view, yeah, that’s going to happen, and I can’t see how that journey is possible without hydrogen. And you know, plug is leading the way today. And I say that I don’t think anybody has our resume. We plan to continue the lead the way, and there’ll be significant wins during the coming year. Market that grows a couple percent per year will be just such a huge opportunity for customers companies like plug that I remain very optimist about the state of the industry, because there are more than just plug right who are moving ahead in the right direction, and we in the industry are moving ahead in the right direction, and plug is moving ahead in the right direction, and plan to be a leader for the foreseeable future.
Paul Rodden 31:30
I love it. Andy, thank you so much for joining us today and sharing your insights. Thank you, Paul. I appreciate the time and to our listeners. Thank you for tuning into the hydrogen podcast. Be sure to connect with plug power and stay informed about the exciting work that they’re doing in the hydrogen industry. Have a great day and take care.
