Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") announces the resignation of Jan Urata as Corporate Secretary of the Company, effective June 26, 2024. The Company would like to take this opportunity to thank Ms. Urata for her valuable contributions during her tenure. Going forward, Connie Hang, the Company's CFO, will take on the role of Corporate Secretary, in addition to her role as CFO. A ...

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 ...

Plug Power (NASDAQ:PLUG) is in the red today even after the fuel cell company announced a new order for 25-megawatt (MW) electrolyzer systems for a customer in Europe. Indeed, as part of the deal, Plug will employ five of its in-house 5 MW electrolyzer systems, designed to enhance the company’s use of green energy.“The selection of Plug’s technology for this project serves as a clear example of our established industry expertise and proven technology,” said Plug Chief Executive Andy Marsh.“Industry experts ...