Fuel cell system maker Plug Power has announced a memorandum of understanding with Honda R&D of Japan to collaborate on a research project to explore concepts for a home-based hydrogen vehicle refueling system and Honda’s intention to purchase two stationary fuel cell power generation systems from Plug Power.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The companies anticipate completing the supply arrangements for the two stationary fuel cell power generation systems later this year.


The companies also expect to complete a definitive agreement for the home refueling system collaboration during 2002.


A home refueling system is a fuel cell product that will provide heat, hot water, and electricity to a home, while also providing hydrogen fuel for a fuel cell vehicle. The device will be fueled by natural gas, and is expected to be environmentally friendly due to its high efficiency and low emissions.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now