Core Viewpoint - Plug Power Inc's stock has experienced a significant increase, rising approximately 13% to around $2.24, marking a week-long rebound driven by improved sentiment and commercial successes [1]. Financial Developments - The company refinanced its high-interest 15% debt with a $431.25 million convertible note offering, which has positively influenced investor sentiment [2]. - Plug Power has guided for positive EBITDA by late 2026, indicating a potential turnaround in financial performance [2]. Commercial Achievements - Recent commercial wins include a 5-megawatt PEM electrolyzer sale to Hy2gen's Sunrhyse project in France and a liquid-hydrogen supply contract with NASA's Glenn Research Center [2]. - The installation of a 5-MW GenEco electrolyzer for Cleanergy Solutions Namibia marks Africa's first fully integrated commercial green-hydrogen facility, enhancing the company's market presence [3]. Stock Performance - The recent rally has valued Plug Power at approximately $3.1 billion, with the stock moving from an opening price near $2 to an intraday high of around $2.27 [4]. Market Positioning - Investors are increasingly viewing Plug Power as an AI infrastructure play, as the company provides essential components for a vertically integrated hydrogen ecosystem [5]. - The company's fuel-cell systems can serve as low-carbon backup power for data centers, particularly those supporting energy-intensive AI workloads [6]. Growth Potential - Any progress in deploying dedicated hydrogen plants and fuel-cell backup systems for data centers could directly link Plug Power's growth to the expansion of AI data centers, reinforcing its position in the clean power market [7].

Plug Power Inc. (NASDAQ:PLUG) ranks among the best hydrogen and fuel cell stocks to buy for 2026. Plug Power Inc. (NASDAQ:PLUG) has commenced significant projects this month. On December 17, the company deployed a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia’s green hydrogen project at the Hydrogen Dune facility in Walvis Bay. The facility, which debuted in September, is billed as Africa’s first fully functioning commercial green hydrogen plant. The regionally generated hydrogen is expe ...

Industry Overview - Hydrogen fuel cell technology is gaining traction as a long-term investment due to increasing government and industry efforts to decarbonize energy and transportation, offering zero-emission operation and high efficiency [1] - Expanding policy support, including subsidies and national hydrogen strategies, is reducing costs and accelerating the adoption of hydrogen technologies [1][2] Investment Momentum - Investment momentum is bolstered by advancements in electrolyzer technology, decreasing renewable energy costs, and the development of hydrogen infrastructure [2] - As green hydrogen scales, fuel cells are becoming more cost-competitive, enhancing their role in the global energy transition [2] Company Analysis: Bloom Energy (BE) - Bloom Energy is positioned to benefit from rising demand for low-carbon on-site power solutions, with its solid-oxide fuel cell technology providing efficient and ultra-clean electricity [3] - The company is expected to see significant earnings growth, with a projected year-over-year increase of 85.71% in 2025 and 78.75% in 2026 [8][9] - Bloom Energy's revenues are forecasted to increase by 37.74% in 2026, with a current return on invested capital (ROIC) of 5.22% [9][17] Company Analysis: Ballard Power Systems (BLDP) - Ballard Power is a leading provider of proton exchange membrane (PEM) fuel cell technology, suitable for heavy-duty transport applications [4] - The company is expected to experience earnings growth of 43.86% in 2025 and 25.78% in 2026, with revenues projected to rise by only 3.03% in 2026 [6][11] - Ballard Power's current ROIC is negative at -16.75%, indicating less efficient use of funds compared to Bloom Energy [17] Financial Performance - In the last six months, Bloom Energy's shares surged by 299.5%, significantly outperforming Ballard Power's gain of 59.6% [18] - Bloom Energy's shares are trading at a premium with a Price/Sales (P/S) ratio of 8.02X compared to Ballard Power's 7.85X [15] Conclusion - Both Bloom Energy and Ballard Power are focused on providing reliable, emission-free electricity, but Bloom Energy's stronger earnings estimates, higher ROIC, and superior price performance suggest it has an edge going into the new year [22][23]

Core Viewpoint - Plug Power Inc. (PLUG) and Ballard Power Systems Inc. (BLDP) are key players in the clean energy market, focusing on hydrogen fuel cell solutions for various sectors [1][2] Group 1: Plug Power Analysis - Plug Power has shown revenue growth of 11% and 21% in the first two quarters of 2025, with a 2% year-over-year increase in Q3 2025, driven by demand for electrolyzers and hydrogen fuel sales [3][4] - The company is expanding its GenEco proton exchange membrane (PEM) electrolyzers, with plans to mobilize over 230 MW across North America, Europe, and Australia [4][5] - Despite growth, Plug Power faces challenges with a gross margin of negative 67.9% in Q3 2025 and significant cash outflows totaling $387.2 million in the first nine months of the year [7][8] Group 2: Ballard Power Analysis - Ballard Power reported a 120% year-over-year revenue increase in Q3 2025, reaching $32.5 million, supported by strong order intake for PEM fuel cell products [9][10] - The company has a healthy order backlog of $132.8 million and has successfully reduced operating expenses by 36% year-over-year [10][13] - Ballard Power exited Q3 2025 with cash and cash equivalents of $525.7 million, indicating a strong liquidity position to support future growth [14] Group 3: Sales Estimates and Valuation - The Zacks Consensus Estimate for Plug Power's 2025 sales is $701.8 million, reflecting an 11.6% year-over-year growth, while Ballard Power's estimate is approximately $95.6 million, indicating a 37.2% increase [15][16] - Both companies are currently trading at a negative forward price-to-earnings ratio, reflecting ongoing challenges in profitability [20] Group 4: Conclusion - Plug Power's long-term potential is supported by its position in the green hydrogen market and innovative projects, but short-term challenges may hinder performance [21] - Ballard Power's strong momentum, product innovation, and solid liquidity position suggest it may be a more favorable investment option compared to Plug Power at this time [22][23]

Plug Power has done significant damage to the value of its stock over the years.At its peak, Plug Power (PLUG 2.84%) had a market capitalization exceeding $35 billion. Today, the pioneering hydrogen company is worth less than $3 billion. Meanwhile, its stock price is down 99.9% from its peak, currently trading at around $2 per share. While Plug Power believes its best days still lie ahead, here's why the hydrogen stock might be yesterday's news. The Plug Power of tomorrowPlug Power is a firm believer that h ...

Plug Power Inc. (NASDAQ:PLUG) is one of the best hydrogen stocks to buy right now. On December 4, Plug Power signed a letter of intent (LOI) with Hy2gen to supply a 5MW proton exchange membrane (PEM) electrolyzer. This will be installed at the Sunrhyse green hydrogen production project in Signes, France. Sunrhyse is Hy2gen’s flagship initiative focused on producing renewable, Renewable Fuels of Non-Biological Origin (RFNBO)-certified hydrogen. Plug Power (PLUG) Signs LOI with Hy2gen for 5MW Electrolyzer i ...

The AES Corporation (NYSE:AES) is one of the best hydrogen stocks to buy right now. On December 5, Argus upgraded The AES Corporation (NYSE:AES) stock to Buy from Hold. Argus Upgrades AES (AES) to Buy as Data Center Demand Grows Photo by Jason Blackeye on Unsplash Independently of the analyst action, on December 5, The AES Corporation’s Board declared a $0.17595 per share quarterly dividend on common stock. All shareholders on the books as of January 30, 2026, will receive the payment. The payment amoun ...

U.S. stocks were higher, with the Dow Jones index gaining more than 300 points on Thursday.Shares of FuelCell Energy Inc (NASDAQ:FCEL) rose sharply during Thursday's session after the company reported better-than-expected quarterly financial results.Revenue rose 12% year over year to $55.0 million, while net loss per share narrowed to 85 cents from $2.21. Adjusted net loss per share improved to 83 cents from $1.85. FuelCell Energy's adjusted EPS loss of 83 cents beat an estimate for a loss of $1.04, and sal ...

Core Insights - Plug Power Inc. has successfully installed a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia's green hydrogen project, marking Africa's first fully integrated commercial green hydrogen facility [1][4] - The project aims to support hydrogen mobility in Namibia and neighboring markets, utilizing renewable energy sources [2][3] Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [5] - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [6] Project Details - The Cleanergy Solutions Namibia project features a 5MW solar park and a 5.9 MWh battery energy storage system, enabling off-grid renewable hydrogen production [2] - The locally generated hydrogen will be used for hydrogen-powered trucks, port and rail equipment, and small ships at the Port of Walvis Bay [2][3] Market Positioning - The project positions Namibia as a potential hydrogen production hub for transportation and industrial decarbonization, with export capabilities [4] - Plug Power's involvement in this project aligns with the growing global investment in hydrogen, particularly in regions like Africa, the Middle East, and Australia [4]

You know, when most people think about climate change, they often picture this or this and even this. And these images matter, but they also make climate change feel far away, abstract, and untouchable. For me, climate change looks very different.It looks like Dundee, a small town in northern Kazul Nutell where I grew up. By the time I was a child, Dundy's coal mining days were pretty much over. The town was slowing down, shrinking.Jobs were scarce. Young people were leaving. I didn't grow up in a booming m ...