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Plug Power Stock: A Deep-Value Investment or a Dangerous Holding?
Yahoo Finance· 2026-01-31 15:05
Group 1 - Plug Power is viewed as a long-term investment opportunity due to the world's ongoing energy needs, but it has lost 97% of its value over the past five years, raising concerns about its viability as a stock [1][3] - The company aims to create a hydrogen ecosystem as a zero-carbon energy source, which could significantly increase its valuation if successful [3] - However, the primary risk lies in the company's ability to become self-sufficient and reduce its cash burn, as it has reported net losses exceeding $2.1 billion in the past 12 months and has consumed over $518 million in cash from operating activities [4][5] Group 2 - Plug Power's investor presentation highlights the electrolyzer market, projected to grow from less than $2 billion last year to $40 billion by 2032, representing a key growth strategy for the company [6] - Despite the potential in the hydrogen energy sector, the company's poor financial state raises doubts about its ability to capitalize on future growth opportunities [7] - The stock is considered extremely risky, with a market cap over $3 billion, indicating that there is still room for further decline in valuation [8]
Uttar Pradesh, Yamanashi Prefecture to deepen cooperation in green hydrogen
BusinessLine· 2026-01-30 06:13
A high-level delegation from Japan’s Yamanashi Prefecture is visiting Uttar Pradesh to explore opportunities to deepen cooperation in advanced green hydrogen technologies, along with transfer and technical support.The delegation includes officials from the Yamanashi Prefectural government, and various companies including Kanadevia Corporation, a clean energy tech major specialising in green hydrogen production.State has assured the delegation its full assistance in providing policy support, infrastructure f ...
Plug Power Announces Adjournment of Special Meeting of Stockholders
Globenewswire· 2026-01-29 18:35
Core Viewpoint - Plug Power Inc. has adjourned its Special Meeting of Stockholders to February 5, 2026, to allow more time for stockholders to vote on Proposals 1 and 2 [1]. Proposal Voting - Proposals 1 and 2 require a majority vote from the Company's outstanding shares, and the meeting was adjourned to facilitate broader participation [2]. - As of the meeting date, approximately 92.63% and 89.09% of the votes cast supported Proposals 1 and 2, respectively, but only about 36.93% and 46.86% of the outstanding shares were represented [3]. - The Company estimates needing an additional 13.07% of outstanding shares for Proposal 1 and 3.14% for Proposal 2 to meet the voting requirements [3]. Reverse Stock Split - If Proposal 2 is not approved, the Company will proceed with a reverse stock split to increase its authorized shares of common stock available for issuance [4]. CEO Statement - The CEO emphasized the importance of stockholder participation and noted that the Company is close to approval for Proposal 2, indicating that a slight shift in votes could lead to its passage [5]. - The Company encourages stockholders to vote "yes" and to reconsider any previous "no" or "abstain" votes [5]. Voting Instructions - Stockholders are urged to vote promptly to ensure their views are represented, with detailed instructions available on the Company's website [5].
FuelCell Energy Technology Strengthens the Green Hydrogen Case
ZACKS· 2026-01-29 14:36
Core Insights - Hydrogen investing has transitioned from hype to a focus on real technological differences, with an emphasis on efficiency and economics rather than ambitious production targets [1] - FuelCell Energy (FCEL) is leveraging solid oxide electrolyzer technology to enhance its green hydrogen strategy, prioritizing practical applications [1][7] - The industry is witnessing a shift towards scalable performance and system integration, moving away from mere volume claims [1][3] FuelCell Energy (FCEL) - FCEL's solid oxide electrolyzers operate at high temperatures and utilize steam, which increases efficiency and reduces electricity costs, addressing the primary expense in green hydrogen production [2] - The company collaborates with the U.S. Department of Energy to explore the integration of its electrolyzers with nuclear power, aiming to improve reliability and lower production costs [2] - FCEL's strategy focuses on providing a steady hydrogen supply for hard-to-electrify sectors, emphasizing execution over short-term volume claims [3][7] - FCEL's stock has seen significant growth, more than doubling in value over the past six months, outperforming the industry [6] Industry Developments - Linde plc is establishing itself as a major player in green hydrogen, with a 35 MW PEM electrolyzer project in Niagara Falls to enhance green liquid hydrogen supply [4] - Plug Power is developing a vertically integrated green hydrogen platform, producing liquid green hydrogen at its Woodbine, GA plant, with a capacity of about 15 tons per day [5]
Plug Power Calls on Stockholders to Act Now and Vote in Favor of Proposals at January 29, 2026 Special Meeting
Globenewswire· 2026-01-27 19:14
SLINGERLANDS, N.Y., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, encourages stockholders to vote their shares ahead of the Company’s Special Meeting of Stockholders (the “Special Meeting”) scheduled for January 29, 2026. The Special Meeting includes proposals that are critical to supporting the Company’s ongoing operations, financial flexibility and long-term growth strategy. The Board of Directors urges stock ...
HNO International Secures Hydrogen Fueling MOU with US Based Drone Manufacturer
Accessnewswire· 2026-01-27 13:30
[https://www.linkedin.com/company/cellen/]"Demand for hydrogen fuel is growing rapidly, our MOU with Cellen is indicative of the exploding demand for longer drone flights. Our team is excited to work with Cellen on this pilot program, providing for a new, consistent, sales pipeline for our hydrogen," stated Don Owens, CEO of HNO International, Inc.About HNO International [HNO International](OTC:HNOI) is an advanced hydrogen technology company developing intelligent, modular energy systems that deliver clean ...
Plug Power Stock Falls Tuesday As Trump Tariff Threatens EU-Sensitive Supply Chain
Benzinga· 2026-01-20 21:34
Plug Power Inc (NASDAQ:PLUG) shares fell Tuesday, trading lower alongside tech and other high-beta tech names after President Donald Trump said on social media that, starting Feb. 1, the U.S. will impose a 10% tariff on all goods imported from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland.Here’s what investors need to know.Plug Power stock is under selling pressure Tuesday. Why is PLUG stock trading lower?Why European Tariffs Spook Plug Power InvestorsAlthough Plug is best ...
Plug Power CEO Andy Marsh to Host Reddit AMA on January 22, 2026
Globenewswire· 2026-01-20 12:00
Live Q&A Addressing Key Questions Ahead of Plug’s January 29, 2026 Special MeetingSLINGERLANDS, N.Y., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, announces that Andy Marsh, Chief Executive Officer (CEO) of Plug, will answer questions in a Reddit Ask Me Anything (AMA) session. The live, open Q&A session will give participants the opportunity to ask Andy questions related to Plug’s Special Meeting scheduled for ...
Max Power Confirms Canada’s First Natural Hydrogen Drilling Discovery
Globenewswire· 2026-01-16 13:09
Core Insights - MAX Power Mining Corp. has confirmed Canada's first subsurface Natural Hydrogen system with the successful drilling of the Lawson well in Saskatchewan, marking a significant milestone in the clean energy sector [1][20][33] Group 1: Discovery and Geological Insights - The Lawson well achieved hydrogen concentrations of up to 286,000 ppm (28.6% H₂), indicating a viable Natural Hydrogen system [7][8] - The geological model for Natural Hydrogen accumulations has been validated, suggesting potential for scalability across the 475-km-long Genesis Trend and MAX Power's 1.3-million acre land package [3][14] - The Genesis Trend is strategically located near the Regina–Moose Jaw Industrial Corridor, which has strong hydrogen demand, and is adjacent to the Prairie Evaporite, known for its potash reserves [4][20] Group 2: Next Steps and Development Plans - MAX Power plans to advance the Lawson discovery towards commercial evaluation, including a confirmatory well and a 3D seismic survey to define reservoir geometry [11][13] - The company will integrate data from Lawson into its AI-assisted Large Earth Model for Natural Hydrogen exploration (MAXX LEMI), aimed at optimizing targeting and accelerating discovery [11][21] - Stakeholder engagement with local industrial and energy users, as well as national and global companies, is part of the strategy to develop the Natural Hydrogen sector [13][21] Group 3: Market Position and Future Outlook - The Lawson discovery positions MAX Power as a leader in the emerging Natural Hydrogen industry, transitioning from theoretical exploration to verified subsurface reality [20][21] - The company has identified multiple de-risked follow-up targets along the Genesis Trend, enhancing its potential for repeatable and scalable Natural Hydrogen exploration [14][21] - With strong financial backing and strategic partnerships, MAX Power is well-positioned for long-term shareholder value creation in the clean energy market [21]
Plug to Participate in UBS Global Energy & Utilities Winter Conference
Globenewswire· 2026-01-13 12:00
Core Insights - Plug Power Inc. is actively participating in the UBS Global Energy & Utilities Winter Conference, showcasing its leadership in the hydrogen economy and commitment to engaging with the investment community [1][2]. Company Overview - Plug Power is focused on building a comprehensive hydrogen economy with an integrated ecosystem that includes production, storage, delivery, and power generation [4]. - The company is a first mover in the hydrogen industry, providing essential components such as electrolyzers, fuel cell systems, and fueling infrastructure to various sectors, promoting energy independence and large-scale decarbonization [4]. Operational Highlights - Plug Power has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [5]. - The company operates hydrogen plants in Georgia, Tennessee, and Louisiana, with a production capacity of 39 tons per day, ensuring a reliable domestic supply of hydrogen [5]. - Plug Power's global presence includes state-of-the-art manufacturing facilities and partnerships with major companies like Walmart, Amazon, Home Depot, BMW, and BP [6].