Special Interview Series - Andy Marsh / Plug Power - I had the great privilege to interview Andy Marsh, the CEO of Plug Power. We met up at the Reuters Event: Hydrogen North America 2022 and he graciously sat down with me to detail the current vision of Plug Power. It was a fascinating conversation and I think everyone should pay attention to what he is saying. They are successfully executing their hydrogen strategy and if you are looking to operate in the hydrogen economy, pay attention to the gold nuggets that Andy gave us. There are some million dollar ideas hidden in between the lines.

Also, Plug is hosting a green hydrogen symposium on Oct 18th-19th and you can attend digitally. Check out more info at their website www.plugpower.com.

Background: Andy Marsh joined Plug as President and CEO in April 2008. Under his leadership, Plug is a leading innovator in the renewable energy field, helping to create the first commercially viable market for green hydrogen and fuel cell (HFC) technology. After successful endeavors to commercialize HFC technology in the material handling industry, customers such as Amazon and Walmart, turned to Plug to develop world-class hydrogen solutions that solve every step of operations, which led Plug to build an end-to-end green hydrogen ecosystem.

Under his leadership, Plug’s revenue increased by more than 296% since 2012 and has landed Plug on Deloitte’s Technology Fast 500TM list in both 2015 and 2016.

Previously, Marsh was a co-founder of Valere Power, where he served as CEO and Board Member from the company’s inception in 2001 and through its sale to Eltek ASA in 2007. During his leadership, Valere grew into a profitable global operation with more than 200 employees and $90 million in revenue derived from the sale of DC power products to the telecommunications sector. Prior to founding Valere, he spent almost 18 years with Lucent Bell Laboratories in a variety of sales and technical management positions.

Marsh is chairman of the Fuel Cell and Hydrogen Energy Association and a member of the Hydrogen Council. He holds a master’s in electrical engineering from Duke University and a master’s in business administration from SMU.

Recently, Marsh has played an instrumental role working alongside Members of Congress to support the Inflation Reduction Act legislation, including conversations with Sen. Schumer, Sen. Manchin and others, as well as testifying to the U.S. Senate Committee on Energy and Natural Resources in July 2022.

This is an important topic, and one that I hope everyone in the hydrogen industry pays attention to. Thanks for listening and as always, if you have feedback on this interview, please feel free to email me at info@thehydrogenpodcast.com

Have a great day,
Paul Rodden

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