NEW YORK, NY / ACCESSWIRE / April 7, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies is issuing a comprehensive report with no obligation on Plug Power, Inc. (NASDAQ: PLUG).

On April 5, 2017, Plug Power announced a new partnership with Amazon.com. The online retail giant will begin integrating Plug Power fuel cells and hydrogen technology in 11 warehouses within its fulfillment network over the next year, with additional facilities expected to follow. The deal should generate $70 million in revenue in 2017, and possibly twice as much the following year.

The company also announced that it will collaborate with Amazon on expanding the applications for Plug Power's ProGen line of fuel cell engines. In exchange, the company will grant Amazon warrants to acquire 55,286,696 common shares of Plug Power. Vesting of the warrants is tied to $600 million in payments by Amazon for goods and services supplied by Plug Power over the life of the deal.

A Complete breakdown of the PLUG Amazon deal is available here: READ MORE.

Copy and paste to your browser may be required to view the report- http://tradersnewssource.com/plug-2/.

From a long-term perspective, Plug Power has not only gained a major customer and investor, but also a partner in developing new applications for its technology. This could help the company create new products and push into untapped markets such as China.

The company's most recent guidance did consider the pending agreement with Amazon, but not the finalized terms. Therefore, there is the potential for more favorable guidance for the 2017 fiscal year. As of April 4, 2015, Plug Power shares were up eight percent year-to-date. After the Amazon deal was disclosed, Plug Power shares surged to $2.40 in intraday trading before settling at $2.25, a 73 percent increase from the prior close of $1.30.

A full comprehensive review of PLUG power's business and technology including a link to our February 2017 report for PLUG can be viewed here: READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/plug-2/.

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SOURCE: Traders News Source