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1 Reason I Haven't Bought Plug Power and Probably Never Will
The Motley Fool· 2024-10-24 08:15
The hydrogen company still hasn't matured.I think hydrogen has the potential to be a game-changing fuel source. It could help supply the global economy with the emissions-free fuel it needs to help reach net-zero emissions by 2050. The fuel represents a massive opportunity that could be worth trillions of dollars in the coming years. Given the immense potential of hydrogen, I've looked into various ways to invest in the emerging fuel source, including Plug Power (PLUG -6.31%). However, I haven't invested in ...
Plug Power Approaches All-Time Lows: A Buying Signal?
MarketBeat· 2024-10-15 13:26
Plug Power TodayPLUGPlug Power$2.06 -0.02 (-0.96%) 52-Week Range$1.60▼$7.90Price Target$5.01Add to WatchlistPlug Power Inc. NASDAQ: PLUG is a green energy company with its sights set on a hydrogen-powered future. Plug Power is generating investor interest for its ambitious endeavors to lead the charge toward a green hydrogen economy. Plug Power’s vision is a world powered by clean, abundant energy, with multiple sectors running on hydrogen harvested from renewable sources. However, the road to a hydrogen-fu ...
Should You Buy Plug Power Stock While It's Below $4?
The Motley Fool· 2024-10-14 11:57
Could this unloved green energy stock nearly double from these depressed levels?Plug Power (PLUG 7.61%) has lost about 99% of its value since its initial public offering in 1999. The hydrogen fuel cell maker was once considered a promising green energy play, but it ran out of juice as its growth cooled off and it racked up steep losses. The dot-com crash and some accounting problems from 2018 to 2020 exacerbated its decline.But with its stock trading at about $2, Plug Power's enterprise value of $2.6 billio ...
Why Plug Power (PLUG) Stock is Moving Today
Gurufocus· 2024-10-09 16:52
Renewable energy stocks experienced fluctuations in September, with mixed movements across various companies in the sector. Plug Power (PLUG, Financial) saw a modest increase of 1.7% recently, driven by several strategic developments aimed at expanding its market presence.Plug Power (PLUG, Financial) demonstrated positive momentum, securing a $10 million grant to develop refueling stations for medium- and heavy-duty vehicles in Washington State. Additionally, the Department of Energy allocated $62 million t ...
Renewable Energy Stocks Struggled in September, but Plug Power Broke the Trend
The Motley Fool· 2024-10-09 16:31
Renewable energy stocks are under pressure, despite some positive news.Following months of speculation about when the Federal Reserve would cut rates, investors seemed to take a "sell the news" approach in September. Renewable energy projects that are often financed for decades based on interest rates should become more economical as rates fall, but stocks dropped when rates did drop. According to data provided by S&P Global Market Intelligence, Plug Power (PLUG 1.70%) jumped 20.2% in September, Bloom Energ ...
Plug and Allied Green Execute Binding Framework Agreement for 3 GW Electrolyzer Capacity
GlobeNewswire News Room· 2024-10-07 13:32
This follows recent completion of MOU and BEDP contracts Both parties are collaborating to finalize purchase agreement in coming months SLINGERLANDS, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has signed a binding framework agreement with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, to finalize a supply agreement for three gigawatts (GW) of electrolyzer c ...
Energy Plug Technologies Corp. Engages Moneta Securities for Next Stage of Financing for Malahat Battery Technologies
Newsfile· 2024-10-07 13:30
Energy Plug Technologies Corp. Engages Moneta Securities for Next Stage of Financing for Malahat Battery TechnologiesOctober 07, 2024 9:30 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), a leader in sustainable energy technologies, is pleased to announce its strategic partnership with Moneta Securities (Alberta) Corp. ("Moneta") ...
Energy Plug Technologies Corp. Welcomes Travis Gabert as Vice-President of Sales to Lead Commercialization of New Battery Storage Systems
Newsfile· 2024-10-03 13:30
Energy Plug Technologies Corp. Welcomes Travis Gabert as Vice-President of Sales to Lead Commercialization of New Battery Storage SystemsOctober 03, 2024 9:30 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), a leading innovator in sustainable energy technology, is pleased to announce the appointment of Travis Gabert as its new Vi ...
Energy Plug Technologies Corp. Begins Final Testing on its Utility and Commercial Battery Products Prior to Their Official Market Release in November
Newsfile· 2024-10-02 17:00
Energy Plug Technologies Corp. Begins Final Testing on its Utility and Commercial Battery Products Prior to Their Official Market Release in NovemberOctober 02, 2024 1:00 PM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - October 2, 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, has begun its final stage of testing p ...
Plug Power Is A Strong Buy As The Number Of Hydrogen-Powered Vehicles Looks Poised To Surge
Seeking Alpha· 2024-10-01 19:13
Since I wrote my last, bullish article on Plug Power (NASDAQ: PLUG ) , I've seen several additional news items which strongly indicate that the number of hydrogen vehicles in the U.S. and overseas is likely to increase a greatAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PLUG,AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...