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Plug Power (PLUG) Clinches PEM Electrolyzer Deal in Europe
ZACKS· 2024-06-24 15:30
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 ...
Plug Secures 25 MW PEM Electrolyzer Deal for Major European Customer
Newsfilter· 2024-06-21 11:00
LATHAM, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plug's 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using green hydrogen. "The selection of Plug's technology for this project serves as a clear example of ...
Plug Secures 25 MW PEM Electrolyzer Deal for Major European Customer
GlobeNewswire News Room· 2024-06-21 11:00
LATHAM, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plug’s 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using green hydrogen. "The selection of Plug's technology for this project serves as a clear example o ...
Plug Power Stock Is a Money Taker, Not a Millionaire Maker
Investor Place· 2024-06-21 10:40
If you’re interested in the clean-energy movement, investing in Plug Power (NASDAQ:PLUG) might seem like a no-brainer. The company has significant government financial backing. Don’t consider investing in Plug Power stock until you have all the relevant information. Just remember, this is a contentious election year and clean-energy firms like Plug Power are caught in the middle of heated debate. Without the government’s help, Plug Power’s financials will be problematic and the shareholders may be left high ...
Plug Receives Industry Certification for its High-Powered Stationary System
Newsfilter· 2024-06-20 13:20
LATHAM, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured industry certification for its one MW (megawatt) high-powered stationary system. Plug achieved certification of its high-powered stationary system to the American National Standards Institute/CSA Group's FC 1-2021 standard covering the safe operation, performance, and construction of stationary fuel cell power systems. Plug's stationary sy ...
Is Plug Power Stock a Millionaire Maker?
The Motley Fool· 2024-06-15 11:30
Can this hated hydrogen stock heat up again over the next few years?Plug Power (PLUG -4.93%), a developer of hydrogen fuel cell systems, went public near the peak of the dot-com bubble in October 1999. Its stock hit an all-time high of $1,498 per share on March 10, 2000, representing a near-tenfold gain from its reverse split-adjusted initial public offering (IPO) price of $150, but it now trades at about $3.Plug Power's stock crashed as the dot-com bubble burst, its growth slowed, and it racked up more los ...
Energy Plug Inks First Battery Deal with Ximen Mining Corp.
Newsfile· 2024-06-11 13:29
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, is excited to announce the signing of its first battery contract with Ximen Mining Corp. (TSXV: XIM) ("Ximen") to install a 20kWh Battery Energy Storage System ("BESS") at Ximen's Kenville Gold Mine in Nelson, BC.Reference Image for a Battery Storage SystemTo view an enh ...
PLUG Stock: Plug Power Faces New Probe as Republicans Scrutinize Federal Support
Investor Place· 2024-06-05 17:37
Fuel cell energy producer Plug Power (NASDAQ:PLUG) is facing new regulatory scrutiny. Republican Senator John Barrasso has requested that a federal loan the company received in May 2024 be investigated. A ranking Republican official and member of the Senate Committee on Energy and Natural Resources, Barrasso alleges that the $1.7 conditional line of financing from the U.S. Department of Energy is a conflict of interest that poses a threat to U.S. taxpayers. PLUG stock surged after the company secured this n ...
Plug Power Stock: Why Selling Into Strength Is Your Best Move Now
Investor Place· 2024-06-04 10:45
Plug Power (NASDAQ:PLUG) shares have bounced back lately. That may seem like a sign that Plug Power stock is coming back, but I wouldn’t jump to that conclusion. The reasons for this are manifold.For one, the driver of this recent rally is not much of a game changer. The various factors that knocked this hydrogen energy play lower previously have not gone away. To make matters worse, there could be political risks emerging for this stock, which took shortly after the last U.S. Presidential election, but cou ...
Plug to Webcast Annual Shareholder Meeting on June 5, 2024
GlobeNewswire News Room· 2024-05-30 21:55
LATHAM, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, invites investors and the general public to listen to a webcast of its annual meeting of stockholders on Wednesday, June 5, 2024, at 10:00 a.m. Eastern Time. The live webcast can be accessed through the Internet at www.virtualshareholdermeeting.com/PLUG2024. A general corporate overview and question and answer session is expected to follow the bus ...