The stock initially soared on the loan news, but it now trades below where it was before the announcement.Shares of Plug Power (PLUG -5.29%) surged in May after the company announced that it had received a conditional commitment for a $1.66 billion loan from the U.S. Department of Energy (DOE). However, the stock is now well below where it was before the announcement, and one U.S. senator has called the loan into question.The stock, meanwhile, is now down over 70% in the past year.Let's look at the proposed ...

Plug Power (NASDAQ:PLUG) stock is a dicey proposition. The company has never made a profit. In 25 years of business, the hydrogen fuel cell maker has failed to make any money whatsoever for itself, let alone for investors. No matter how much cash has been pumped into the business, Plug Power has failed to generate any meaningful business. Even though it recently announced a billion-dollar conditional loan guarantee from the Energy Dept. that helped send shares soaring it failed to hold onto any of the gains ...

Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (the "Company" or "Energy Plug"), reports that, as a result of a review by the British Columbia Securities Commission, we are issuing the following press release to clarify our disclosure.The Company has filed and amended and restated Management's Discussion and Analysis for the three month period ending September 30, 2023 (the "MD&A"). The MD&A clarifies the Company's busine ...

Plug Power (NASDAQ:PLUG) stock is down about 4% today despite promising news that the fuel cell company will attempt to capitalize on some tax benefits of the Inflation Reduction Act (IRA). Indeed, Plug will attempt to receive tax benefits related to the IRA’s Section 45V Credit for the Production of Clean Hydrogen (PTC) in its upcoming quarterly financial reports.Reasonably so, Plug is poised to be one of the first producers of clean hydrogen in the U.S. that plans to take advantage of this new Biden admin ...

Loading...Loading...Plug Power Inc. PLUG may rally. It's oversold and at support. These dynamics tend to set the stage for a move higher. This is why our team of trading experts have named it our Stock of the Day.“Oversold” means a stock is trading below what would be its usual or typical trading range. The sellers have been emotional and aggressive.Investors and traders will come into the market as buyers because they will be expecting a reversion to the mean, or a move higher. And their buying could push ...

LATHAM, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, which began commercial operation of its electrolytic hydrogen facility in Woodbine, Ga. earlier this year, intends to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) in its forthcoming quarterly financial reports. Plug will be one of the first producers of clean hydrogen ...

LATHAM, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is pleased to announce that CEO Andy Marsh will participate in the 10th Annual ROTH London Conference held at the Four Seasons Hotel at Park Lane in London UK on June 26, 2024. This industry-leading conference yields hundreds of attendees and is well known for bringing together top executives from innovative growth companies from a variety of sec ...

LATHAM, N.Y., June 25, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has achieved a significant milestone reaching 7.5 gigawatts (GW) in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. "The introduction of our BEDP has significantly propelled the growth of our electrolyzer business," said Plug CEO Andy Marsh. "This milestone not only highlights the increasing ...

文章核心观点 - 燃料电池公司Plug Power获得了一笔25兆瓦电解槽系统的订单,将为欧洲客户提供绿色能源解决方案 [1][2] - Plug Power拥有丰富的电解槽系统经验,正在与葡萄牙石油天然气公司Galp合作开发100兆瓦电解槽系统,并已为多个工业领域部署5兆瓦电解槽系统 [2][3] - 此次订单将有助于客户减碳 [4] 根据目录分别总结 公司概况 - Plug Power是一家燃料电池公司,拥有10年投资银行从业经验的资深研究分析师专注于行业和公司研究 [1][2][3] - 公司擅长解读各种新闻、事件、财报等,发现潜在的投资机会和风险 [1][2][3] 业务发展 - Plug Power获得了一笔25兆瓦电解槽系统的订单,将为欧洲客户提供绿色能源解决方案 [1][2] - 公司正在与葡萄牙石油天然气公司Galp合作开发100兆瓦电解槽系统 [2] - 公司已为多个工业领域部署5兆瓦电解槽系统,包括玻璃制造、铝回收和钢铁制造 [3] 行业发展 - 行业专家认为欧洲绿氢市场潜力巨大,是实现欧盟减碳目标的关键因素,为Plug Power带来重大机遇 [2] 股价表现 - 尽管公司有积极消息,但Plug Power股价仍下跌约1.5% [4] - 今年以来Plug Power股价已下跌近48%,而同期标普500指数上涨15.5% [5] - 分析师认为Plug Power仍存在监管不确定性,投资风险较高,目前还不适合投资 [6][7]

Plug Power, Inc. (PLUG) recently clinched a deal for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems from a customer in Europe. PLUG will leverage its solid expertise in the green hydrogen industry to offer its advanced PEM electrolyzer technology for carbon reduction targets.Plug Power’s electrolyzers utilize PEM stack technology in a modular design, which offers a small footprint with potential for capacity expansion. The electrolyzer’s hydrogen output is capable of adjusting inst ...