NYS Supported Project Will Create Nearly 380 New Jobs
Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy
Governor Kathy Hochul today announced that leading alternative energy technology provider Plug Power Inc. has officially opened its new, $125 million Innovation Center in the Town of Henrietta, Monroe County.
"Plug Power is a key partner in New York State's efforts to move both the state and the nation toward a more renewable future," Governor Hochul said. "The state-of-the-art Innovation Center will help to further establish New York State as a green energy leader. This innovative company's continued investment in statewide expansion is truly a testament to their commitment to create new, green jobs and to boost economic growth in their home state."
With today's announcement, Plug Power has established the world's first ever Gigafactory for Proton Exchange Membrane (PEM) technology where it will manufacture hydrogen fuel cell stacks and electrolyzers. The fuel cell stacks are used in its ProGen hydrogen fuel cell engines, which are used to power a variety of electric vehicles, including material handling equipment, on-road commercial fleet vehicles, and drones. The electrolyzers are utilized in the generation of green hydrogen from renewable electricity. The company is planning to create up to 377 new jobs at the John Street facility due to the support of Empire State Development, which is providing up to $13 million in Excelsior Tax Credits, and the New York Power Authority, which is providing 5.1 megawatts of low-cost ReCharge NY power. Monroe County, Rochester Gas and Electric, and Greater Rochester Enterprise also assisted with the project.