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CDT Environmental Technology Announces New Strategic Growth Initiatives, Enters Clean Energy Market with Waste-to-Hydrogen Technology
Globenewswire· 2025-11-20 13:30
SHENZHEN, China, Nov. 20, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holding Co., Ltd. (NASDAQ: CDTG) (the "Company" or "CDT"), an environmental company focused on urban and rural organic waste treatment, today announced a new strategic growth initiative with its official entry into the green hydrogen sector. The Company, building upon its initial R&D investments and collaborations with leading scientific organizations and government regulatory bodies, is positioning itself to become a ...
Could Buying Plug Power Stock Today Set You Up for Life?
Yahoo Finance· 2025-10-13 10:45
Core Insights - Plug Power's revenue growth in 2022 and 2023 was primarily driven by acquisitions rather than organic growth in its core hydrogen fuel cell and related businesses, leading to widened operating and net losses [1] - The company faced significant challenges in the past, including negative revenue in 2020 due to subsidizing sales with stock warrants, but managed to turn revenue positive again in 2021 [2] - Despite a challenging market, analysts project revenue growth of 13% in 2025, 24% in 2026, and 22% in 2027 as the hydrogen market expands [9] Revenue and Financial Performance - Plug Power's revenue fell in 2024 due to the impact of previous acquisitions and macroeconomic headwinds, but it rebounded in 2025 with a notable 230% year-over-year increase in electrolyzer sales, which accounted for 18% of total revenue [7] - The company has implemented a cost-cutting initiative, "Project Quantum Leap," aimed at reducing annual expenses by up to $200 million to improve operating margins [8] - A new $1.66 billion loan guarantee from the U.S. Department of Energy and extended tax credits for the hydrogen industry are expected to support the company's financial stability [9] Market Outlook - The green hydrogen market is projected to grow at a compound annual growth rate (CAGR) of 38.5% from 2025 to 2030, providing significant growth opportunities for Plug Power [10] - If Plug Power can achieve a robust CAGR of 20% over the next 18 years and trade at 10 times sales by the end of that period, its market cap could potentially rise to $288 billion [11] - The company is ramping up production of green hydrogen and has launched a joint venture to build a new hydrogen liquefaction plant, which should enhance its market position [8]
Why Plug Power Stock Popped, Then Dropped Today
Yahoo Finance· 2025-09-23 16:58
Key Points Plug Power held an investor day in Georgia today. The company's new green hydrogen plant just hit a new record for monthly production in August. 10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) stock, maker of everything hydrogen, from fuel cells to the hydrogen gas that fuels them, soared more than 19% in morning trading on the Nasdaq Tuesday -- before giving back almost all its gains by early afternoon. As of 12:30 p.m. ET, Plug stock has gone essentially full circl ...
X @Bloomberg
Bloomberg· 2025-07-29 23:04
Clean Energy & Policy - Green hydrogen projects are facing challenges [1] - Canberra is increasing clean power targets [1] Energy Market - LNG exports are putting pressure on local energy prices in Australia [1]
Plug Power and Allied Green Expand Strategic Collaboration with New 2 GW Electrolyzer Deal in Uzbekistan
GlobeNewswire News Room· 2025-06-09 11:30
Core Insights - Plug Power has expanded its partnership with Allied Green Ammonia, adding a new 2 GW electrolyzer opportunity in Uzbekistan, bringing the total partnership capacity to 5 GW globally [1][3] - The Uzbekistan project is part of a $5.5 billion green chemical production facility that will produce sustainable aviation fuel, green urea, and green diesel, supported by the Government of Uzbekistan [2] - Plug's electrolyzer technology is recognized as a key component in global decarbonization efforts, with projects spanning multiple continents [4][6] Company Developments - Plug Power's CEO highlighted the company's leadership in the hydrogen transition, emphasizing the successful execution of large-scale projects [3] - The company has deployed over 72,000 fuel cell systems and 275 fueling stations, making it the largest user of liquid hydrogen [6] - Plug is rapidly expanding its hydrogen generation network, with operational plants in Georgia, Tennessee, and Louisiana, capable of producing 39 tons of hydrogen per day [6] Industry Position - Plug Power is positioned as a preferred electrolyzer provider for global decarbonization initiatives, showcasing its ability to support ambitious decarbonization goals [2][4] - The collaboration with Allied Green reflects a shared vision for accelerating the global shift to low-carbon hydrogen across various industries [4] - Plug's integrated hydrogen ecosystem includes production, storage, delivery, and power generation, advancing energy independence and decarbonization at scale [5]