LATHAM, N.Y., Nov. 21, 2016 (GLOBE NEWSWIRE) -- November 17, 2016 - Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, highlights that it has been named to Deloitte's 2016 Technology Fast 500™, a listing of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. The Deloitte Technology Fast 500 is based on percentage of revenue growth from fiscal year 2012 to 2015, and Plug Power grew by 296 percent during this period. Plug Power's chief executive officer, Andy Marsh, credited rapid adoption of the Company's streamlined GenKey hydrogen fueling station and fuel cell solutions for industrial mobility customers to ongoing technological advancements that continue to reduce costs, improve performance and increase reliability. These developments, coupled with Plug Power's ability to provide a turnkey solution to a growing number of customers has enabled the Company's most recent growth. "The reality of hydrogen fuel cell power for electric vehicles is inevitable," said Marsh. "We have a clear goal to continue this industry-leading growth in a profitable and sustainable fashion, targeting $500 million in sales within the next four to five years, and believe we have the markets, customers and products to make that goal a reality. We are both pleased and honored to be included in the Deloitte 2016 Technology Fast 500." Plug Power's GenKey solutions power more electric vehicles with hydrogen fuel cells than any other company in the world. Today, the Company has the unmatched experience of more than 13,000 GenDrive fuel cell systems operating in industrial vehicles with Fortune 500 companies like Walmart, Home Depot and BMW. Plug Power's performance, knowledge, and experience are second to none with more than 122 million operating hours in the field, and growing. Additionally, since the product's launch in 2014, Plug Power's GenFuel hydrogen fueling stations have performed nearly 4 million electric vehicle refuelings.