LATHAM, N.Y., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has signed a contract to deliver a Basic Engineering and Design Package (BEDP) for a 500 megawatt (MW) electrolyzer project in Europe. The contract, signed on January 29, 2024, increases Plug's total amount of BEDP contracts to 4.1 gigawatts (GW). Plug started offering a Basic Engineering Design Package (BEDP) to the market in 2022. The BEDP provi ...

Plug Power (NASDAQ:PLUG) stock is enjoying a strong day in the market following a company disclosure that it has filled its first tanker with liquid hydrogen at its newly opened Georgia plant. Indeed, the liquid hydrogen will be used by the likes of Walmart (NYSE:WMT), Amazon (NASDAQ:AMZN), and Home Depot (NYSE:HD). The amount of liquid hydrogen shipped is expected to power more than 3,200 forklifts a day, according to the company.PLUG stock responded positively to the news, climbing upwards of 15% in early ...

Plug Power (PLUG 4.49%) stock just keeps plugging ahead. It jumped as much as 15.5% today. Even though it pared those gains to 4.7% as of 12:15 p.m. ET, shares of the hydrogen fuel company are still about 35% higher over the past week.Its stock has struggled over the last year, along with the stocks of other renewable energy companies. Plug's shares, though, have been hit particularly hard, as its cash reserves have been dwindling, and it announced last month that it reached an agreement with an investor to ...

Shares of Plug Power (NASDAQ:PLUG) stock are in the green after the company announced that it had completed its first customer tanker fill of liquid green hydrogen from its electrolytic liquid hydrogen production plant in Woodbine, Georgia. The tanker is “heading straight off to customer sites” that will be used by Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT) and Home Depot (NYSE:HD). It carries enough hydrogen to power 3,216 forklifts a day. Additionally, each tanker can transport a maximum of 80,000 pounds pe ...

Plug Power (PLUG 1.82%) is on fire this morning, surging 15% as of 9:40 a.m. ET Thursday. The hydrogen stock has gained massive momentum recently and is now up a staggering 50% in just five days. A big analyst upgrade, the start of a key hydrogen plant, and Plug Power's CEO expressing confidence in turning the company's fortunes around -- investors have found a lot to like about the beaten-down stock.Plug Power's CEO expects things to improveA week after starting production at its new green hydrogen plant i ...

Plug Power Inc (NASDAQ:PLUG) stock is up 1.6% to trade at $4.52 this morning -- and earlier broke out of penny stock territory -- after Roth MKM upgraded the hydrogen energy concern to "buy" from "neutral," and doubled its price target to $9. Plug Power's Georgia facility is bolstering confidence, with major technical issues currently "handled, addressing our prior concerns about backlog and margin visibility." There's room for pessimism to unwind as well. While seven covering brokerages rate PLUG a "strong ...

Plug Power (PLUG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this alternative energy company have returned +1.6%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Manufacturing - Electronics industry, which Plug Power falls in, has lost 1.3%. The key question now is: What could be the stock's ...

Plug Power (NASDAQ:PLUG) stock is rallying on Thursday as the hydrogen and fuel cell company completed a major milestone at its Georgia plant.Investors in PLUG stock are celebrating the company completing the first fueling of a Plug tanker with fuel from its Georgia plant that is heading to consumers. This comes one week after Plug Power kicked off operations at the facility.Plug Power notes that the Plug tanker in this news is heading to several retail locations. That includes Walmart (NYSE:WMT), Amazon (N ...

Plug Power Inc. shares looked poised to continue their charge higher Thursday after the company said it reached a milestone at its recently opened plant. The alternative energy company, which provides hydrogen fuel-cell technology, has completed its first fill of a tanker with liquid green hydrogen produced at its newly opened facility in Georgia. That plant officially began operations a week ago after a delay. Plug Power PLUG, +19.30% disclosed in Thursday morning’s release that its trailer has been filled ...

Shares of Plug Power (NASDAQ:PLUG) are up by over 18% today on the heels of an upgrade from Roth/MKM. Analyst Craig Irwin doubled his price target to $9 from $4.50 and upgraded his PLUG stock rating to “buy” from “neutral.” His price target implies an upside of over 100% from current prices.Irwin raised his price target following a visit to Plug’s liquid green hydrogen plant in Georgia, which is the largest plant of its kind in the U.S. The plant has the capability to produce 15 tons of liquid electrolytic ...