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Plug Power Extends Strategic Hydrogen Supply Agreement with Multi-Year Contract and Improved Economics with Key Hydrogen Supplier
Globenewswire· 2025-07-09 11:00
New Deal Strengthens Domestic Hydrogen Supply, Reduces Cost Structure and Supports Continued Growth of Plug Applications SLINGERLANDS, N.Y., July 09, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced a new multi-year enhanced supply agreement with a leading U.S.-based industrial gas company and longtime hydrogen partner through 2030. The agreement extends the companies' current strategic relationship through 2030, securing reliable ...
Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Record Using Plug Electrolyzer Technology
Globenewswire· 2025-05-29 11:00
Core Insights - Plug Power Inc. achieved a significant milestone by producing 300 metric tons of liquid hydrogen in April 2025, marking the highest monthly output for the facility and setting a new benchmark for the U.S. hydrogen industry [1][3] Company Overview - Plug Power operates the largest electrolytic liquid hydrogen production facility in the U.S., located in Woodbine, Georgia, which opened in January 2024 and has a nameplate capacity of 15 tons per day [2][3] - The company is a leader in comprehensive hydrogen solutions, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [6][7] Production Capacity and Technology - The Georgia facility is part of Plug's hydrogen generation network, which includes operational plants in Georgia, Tennessee, and Louisiana, collectively producing 40 tons of hydrogen per day, making Plug the largest producer of liquid hydrogen in the U.S. [3][7] - The facility utilizes Plug's proprietary GenEco proton exchange membrane (PEM) electrolyzer technology, demonstrating scalability, reliability, and cost-competitiveness [2][4] Market Demand and Customer Base - The performance of the Georgia plant reflects strong market demand for Plug's GenEco electrolyzers, enhancing customer value and supporting long-term commercial growth [4] - Hydrogen produced at the Georgia plant is supplied to key customers in logistics and distribution, including Walmart, Amazon, and Home Depot, aiding their decarbonization efforts [4][8]
Plug Power’s GenEco Electrolyzers Power Live Customer Demos at The Green Box Innovation Hub
Globenewswire· 2025-05-20 11:00
Core Insights - Plug Power Inc. has successfully operationalized its GenEco electrolyzer systems at The Green Box in the Netherlands, showcasing its capabilities to European customers [1][3] - The GenEco platform is designed for flexible deployment in various industrial applications, including refining, sustainable aviation fuel, and green ammonia production [2] - The establishment of a live demonstration site is a strategic move to bolster confidence in Plug's technology and facilitate ongoing commercial discussions in Europe [3] Company Developments - The Green Box serves as a hub for innovation and customer showcase, enhancing Plug's presence in the European market [5] - Plug Power's electrolyzer opportunity pipeline exceeds $21 billion for 2025 and 2026, supported by initiatives like the EU Green Deal and RePowerEU [5] - The site features advanced energy infrastructure, including a 6 MW public grid connection and a 10 kV network, with over 18,000 solar panels meeting most of its electricity needs [4] Technology and Operations - The 5 MW GenEco system has demonstrated successful hydrogen production, primarily powered by on-site solar energy, highlighting economic advantages [3] - Plug Power has deployed over 72,000 fuel cell systems and 275 fueling stations globally, leading in hydrogen production [7] - The company operates hydrogen plants in Georgia, Tennessee, and Louisiana, producing 40 tons of hydrogen per day [7]
TerraVest Industries Inc. Announces Increase to Previously Announced Bought Deal Offering of Common Shares From $240 Million to $279 Million
Globenewswire· 2025-05-16 13:48
BASE SHELF PROSPECTUS ACCESSIBLE AND PROSPECTUS SUPPLEMENT TO BE ACCESSIBLE WITHIN TWO BUSINESS DAYS OF THE ANNOUNCEMENT OF THE OFFERING ON SEDAR+ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- TerraVest Industries Inc. (TSX:TVK) (“TerraVest” or the “Company”) is pleased to announce, that as a result of strong investor demand, it has entered into a revised agreement to increase the size of its previously announced bought de ...
TerraVest Industries Inc. Announces $240 Million Bought Deal Offering of Common Shares
Globenewswire· 2025-05-15 20:17
BASE SHELF PROSPECTUS ACCESSIBLE AND PROSPECTUS SUPPLEMENT TO BE ACCESSIBLE WITHIN TWO BUSINESS DAYS ON SEDAR+ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- TerraVest Industries Inc. (TSX:TVK) (“TerraVest” or the “Company”) is pleased to announce it has entered into an agreement to sell, on a bought deal basis, 1,500,000 common shares (the “Shares”) from treasury to a syndicate of underwriters (the “Underwriters”) with Nat ...
Chart(GTLS) - 2025 Q1 - Earnings Call Presentation
2025-05-01 11:13
First Quarter 2025 Earnings Call May 1, 2025 © 2025 Chart Industries, Inc. Confidential and Proprietary Forward Looking Statements (1/2) Certain statements made in this investor presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning Chart's business plans, including statements regarding objectives, future orders, revenues, margins, earnings, performance or outlook, business or industry t ...