Plug Power Provides Preliminary Q3 Results, Affirms '15 View

Given the ongoing R&D on developing fuel cell technology, the cost of generating power from fuel cells is expected to come down. Undoubtedly, this alternate electricity generation technique has started to come into prominence and has caught the attention of investors.

What’s Up at the Peers

ABB Ltd. ABB recently announced that it has introduced a new manufacturing facility for medium-voltage air-insulated switchgears (‘‘AIS’’) in Tangerang, situated approximately 25 kilometers away from the Indonesian capital Jakarta. This initiative comes as part of the company’s $20-million investment plan for Indonesia (read: ABB Boosts Indonesian Power Supply with New AIS Facility).

AZZ incorporated AZZ has been awarded a contract by Yunnan Huaneng Lancang River Hydropower Company for providing two circuits of 550kV-3150A for the Huangdeng Hydro Power Plant in Yunnan Province, China.

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