Key Takeaways Plug Power's electrolyzer revenues jumped 200% year over year, now 26% of total business.New 2 GW deal with Allied Biofuels lifts total contracted electrolyzer capacity to 5 GW.Plug delivered a 10 MW GenEco system to Galp's Sines Refinery, Europe's largest PEM project.Plug Power Inc. (PLUG) has been benefiting from robust demand for the electrolyzer product line. In the second quarter of 2025, revenues from the electrolyzer product line surged approximately 200% on a year-over-year basis, cons ...