Plug Power, Inc. has been awarded a contract by Southwire, a leading wire and cable manufacturer in North America, to establish a clean hydrogen ecosystem at Southwire's new distribution site in Dallas-Fort Worth, Texas. As part of the agreement, Plug will supply over 50 hydrogen-powered forklifts equipped with GenDrive fuel cells and set up a fueling station with GenFuel dispensers. The hydrogen required for this project will come from Plug's facilities in Georgia, Tennessee, or Louisiana. Plug will also provide maintenance services for the fuel cells for five years and manage the hydrogen infrastructure for a decade. This initiative is expected to cut over 1 million pounds of CO2 emissions annually from Southwire's operations. The move represents Plug's expansion into the industrial supplier market, complementing its established presence in e-commerce and retail sectors. CEO Andy Marsh expressed the company's dedication to core markets and the positive influence of their hydrogen solutions on Southwire. Additionally, investors can consider investment opportunities in Plug Power through Global X Hydrogen ETF HYDR and ETF Series Solutions Defiance Next Gen H2 ETF HDRO. As of the latest update, PLUG shares rose by 2.53% to $1.702. The article also mentions Plug Power's recent financial performance and strategic shifts affecting its revenue.