PLUG Stock: Plug Power Nabs New European Hydrogen Deal

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 ...