Clean technology investor and advisor Jonathan Silver will join Plug Power’s Board of Directors, the hydrogen (H2) and fuel cell company announced this week.
Silver brings to the board more than a decade of experience financing some of the US’ most innovative renewable energy projects, as well as advanced automotive technology that helped launch leading electric vehicle platforms including Tesla and the Nissan Leaf.
At the US Department of Energy, Silver led both the federal government’s $40bn clean energy investment fund and its $20bn electric vehicle fund – two of the largest clean energy investment funds in the world.
Today, Silver is the Managing Partner of Tax Equity Advisors LLC, an advisory firm managing over $400m of investments in solar power projects on behalf of large corporations.
“Jonathan is a strong addition to Plug Power’s board,” said Andy Marsh, Plug Power’s CEO. “As the former head of the federal government’s clean energy investment efforts, he has unique electric vehicle market expertise. His current work managing renewable energy investment programs for large companies will provide valuable insights to help us bolster Plug Power’s position within the broader markets for hydrogen and fuel cells.”
“Hydrogen fuel cells will play an important role in reducing our society’s reliance on fossil fuels,” said Silver. “Plug Power is the leading company in this rapidly growing sector and has already successfully introduced several generations of this critical technology. I look forward to working with the impressive Plug Power leadership team to continue to build on this success.”