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Plug Power Completes First Hydrogen Fill for Hynetwork’s Important Segment in Rotterdam with Delivery of 32 Tons of RFNBO Hydrogen and Custom Infrastructure
Globenewswire· 2026-02-04 12:00
Core Insights - Plug Power Inc. has completed the first hydrogen fill of Hynetwork's 32-kilometer hydrogen pipeline in Rotterdam, supplying 32 tons of RFNBO-certified renewable green hydrogen, marking a significant advancement in Europe's hydrogen infrastructure [1][3][5] Group 1: Project Overview - Hynetwork, a subsidiary of Gasunie, is implementing the hydrogen network in the Netherlands, connecting port and industrial demand centers, and aims to integrate into a broader European hydrogen transport system [2] - The Rotterdam segment is the first major part of the Netherlands' national hydrogen network, contributing to industrial decarbonization and energy security while enabling large-scale clean hydrogen transport [3][4] Group 2: Plug Power's Role - Plug Power was awarded the public tender for the project, showcasing its capability to meet complex requirements through a custom-engineered unloading infrastructure [3][5] - The company has demonstrated its hydrogen delivery capabilities in Europe, previously delivering over 44 tons of renewable hydrogen to the H2CAST project in Germany [4] Group 3: Infrastructure and Logistics - Plug is supplying hydrogen from Hy2Gen's RFNBO-certified Atlantis facility, utilizing a fleet of 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen [6] - This vertically integrated approach ensures a continuous and reliable supply during the commissioning period, highlighting Plug's position as a leading provider of full-stack hydrogen solutions in Europe [6] Group 4: Market Impact - The commissioning of the Rotterdam pipeline is seen as a major step towards realizing the hydrogen network, instilling market confidence in the availability of a reliable transport solution [5] - The project emphasizes Plug's end-to-end hydrogen platform, which includes certified green hydrogen supply, logistics, custom engineering, and on-site execution [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 ...
Jim Cramer Calls Bloom Energy’s Valuation “Dangerous”
Yahoo Finance· 2026-01-22 14:10
Group 1 - Bloom Energy Corporation (NYSE:BE) has seen a significant increase in stock price, up 75% year-to-date, following a nearly fourfold increase in 2025 [1] - The company is experiencing growth due to demand for clean energy from data centers, with American Electric Power confirming its purchase of fuel cells from Bloom Energy [1] - Bloom Energy is now profitable, with earnings expected to grow at a rate of 150% this year, although the stock is trading at a high valuation of 150 times this year's earnings estimates [1] Group 2 - Bloom Energy develops solid-oxide fuel cell systems that convert natural gas, biogas, or hydrogen into electricity without combustion, and also provides electrolyzers for hydrogen production [2]
Plug Power CEO Andy Marsh to Host Reddit AMA on January 22, 2026
Globenewswire· 2026-01-20 12:00
Core Viewpoint - Plug Power Inc. is preparing for a Special Meeting on January 29, 2026, to address critical proposals regarding its corporate governance and share structure, following a previous vote where approximately 84% of stockholders supported increasing the number of authorized shares but did not meet the required approval threshold [7][8]. Group 1: Upcoming Events - A live Reddit Ask Me Anything (AMA) session with CEO Andy Marsh will take place on January 22, 2026, to discuss the Special Meeting [2][3]. - A second AMA is planned for March 2026, led by incoming CEO Jose Luis Crespo, focusing on Plug's 2025 results [2]. Group 2: Leadership Transition - Andy Marsh has been CEO since April 2008 and will transition to Executive Chairman in March 2026, with Jose Luis Crespo taking over as CEO [5][6]. - Marsh will continue to guide Plug's long-term strategy during this leadership transition [6]. Group 3: Special Meeting Proposals - The Special Meeting will address proposals to modernize voting standards and increase the number of authorized shares of common stock, which are essential for the company's operational flexibility [8][9]. - The Board believes that increasing authorized shares is crucial for meeting financial obligations and supporting ongoing business needs; failure to approve this proposal may lead to a reverse stock split [8]. Group 4: Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem for hydrogen production, storage, delivery, and power generation [10]. - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, with hydrogen plants operational in Georgia, Tennessee, and Louisiana, producing 40 tons of hydrogen per day [11].
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].
Is Plug Power (PLUG) One of the Best US Penny Stocks to Buy?
Yahoo Finance· 2026-01-07 09:45
Core Viewpoint - Plug Power Inc. (NASDAQ:PLUG) is recognized as one of the best penny stocks to buy, with a recent upgrade from Clear Street indicating attractive upside potential despite a lowered price target from $3.50 to $3.00 [1][2]. Group 1: Rating Changes and Price Target - Clear Street upgraded Plug Power's rating from Hold to Buy while reducing the price target due to dilution from convertible refinancing completed in late November [2]. - The new price target of $3.00 is based on a valuation of 4 times the expected enterprise value to sales, using a 2027 sales estimate of $1.07 billion [2]. - Craig-Hallum also reiterated a Buy rating on Plug Power, with a 12-month median price target of $2.50, indicating a potential upside of 13% from the current stock price [4]. Group 2: Valuation and Market Position - The current valuation is slightly higher than Plug Power's three-year historical average, reflecting expected cost savings, a lower annual cash burn rate, and improving opportunities in European refinery electrolyzers [3]. - Plug Power specializes in hydrogen fuel-supply solutions, providing electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure across various industries [5].
Plug to Participate in Wells Fargo Energy & Power Conference
Globenewswire· 2025-12-09 12:00
Group 1 - Plug Power Inc. is participating in the Wells Fargo Energy & Power Conference, highlighting its leadership in the hydrogen economy and commitment to investor engagement [1][2] - The company's Vice President of Investor Relations, Roberto Friedlander, will represent Plug Power at the conference, conducting one-on-one meetings with institutional investors and participating in a fireside chat with Wells Fargo analysts [2] - Additional details regarding Plug Power's investor conference participation can be found on the company's Investor Resources webpage [3] Group 2 - Plug Power is building a fully integrated hydrogen ecosystem that includes production, storage, delivery, and power generation, positioning itself as a first mover in the industry [4] - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [5] - Plug Power's hydrogen plants in Georgia, Tennessee, and Louisiana are capable of producing 39 tons of hydrogen per day, supporting its expansion of a reliable, domestically produced supply [5] Group 3 - Plug Power serves major global clients such as Walmart, Amazon, Home Depot, BMW, and BP, showcasing its significant role in the hydrogen economy [6]
Plug Executive Leadership to Participate in Investor Conferences in New York City
Globenewswire· 2025-12-03 12:00
Core Insights - Plug Power Inc. is actively engaging with the financial community by participating in two investor conferences in New York this week, highlighting its commitment to investor relations [1][2] Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [3] - The company offers a range of products such as electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure, targeting industries like material handling and energy production [3] Industry Position - Plug Power has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [4] - 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 [4] Clientele and Partnerships - Plug Power serves major global companies including Walmart, Amazon, Home Depot, BMW, and BP, showcasing its significant role in the industry [5]
Plug Executive Leadership to Participate in Investor Conferences in New York City
Globenewswire· 2025-12-03 12:00
Core Insights - Plug Power Inc. is actively engaging with the financial community by participating in two investor conferences in New York this week, highlighting its commitment to investor relations [1][2] Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [3] - The company offers a range of products such as electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure, targeting industries like material handling and energy producers [3] Industry Position - Plug Power has deployed electrolyzers across five continents and is a leader in hydrogen production, with over 72,000 fuel cell systems and 285 fueling stations in operation [4] - The company is the largest user of liquid hydrogen and is expanding its generation network to ensure a reliable domestic supply, with operational hydrogen plants in Georgia, Tennessee, and Louisiana capable of producing 39 tons per day [4] Clientele and Partnerships - Plug Power serves major global companies including Walmart, Amazon, Home Depot, BMW, and BP, showcasing its significant role in the industry [5]
Plug to Participate in the Asia-Pacific Investor Call with J.P. Morgan
Globenewswire· 2025-12-02 21:01
Core Viewpoint - Plug Power Inc. is actively participating in the Asia-Pacific Investor conference to discuss its strategic priorities and growth opportunities in the hydrogen market [1][2]. Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [4]. - The company offers a range of products such as electrolyzers, fuel cell systems, and fueling infrastructure, targeting industries like material handling and energy production [4]. Market Position - Plug Power has deployed over 72,000 fuel cell systems and 285 fueling stations, making it the largest user of liquid hydrogen [5]. - The company operates hydrogen plants in Georgia, Tennessee, and Louisiana, with a production capacity of 40 tons per day [5]. - Plug Power serves major clients including Walmart, Amazon, Home Depot, BMW, and BP, highlighting its significant role in the industry [5].