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Plug Power Inc. is an American company engaged in the development of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. The company is headquartered in Latham, New York , and has facilities in Spokane, Washington , and Rochester, New York .
According to many metrics, Plug Power (NASDAQ: PLUG) is on a roll. Since the start of 2021, sales have skyrocketed by 2,000%. Since the start of 2021, sales have skyrocketed by 2,000%.
Plug Power Inc. (NASDAQ:PLUG) has secured a purchase agreement with Allied Green Ammonia (AGA) to supply 3 GW of electrolyzer capacity for AGA’s green hydrogen-to-ammonia plant in Australia. To ...
But from 2023 to 2026, they expect Plug Power's revenue to grow at a compound annual growth rate (CAGR) of 26% to $1.77 billion as it narrows its annual net loss to $336 million.
PLUG Net Income (TTM) data by YCharts In the first half of 2024, $145.1 million in equipment sales cost the company $265 million to produce. Power purchase agreements generated $38 million in ...
Plug Power, Inc. (NASDAQ:PLUG) shares are trading higher in the morning session on Wednesday. Plug has provided its financial outlook for 2025, projecting revenue between $850 million and $950 ...
Image source: Getty Images. But Plug is too risky to invest in right now. It should be noted that even with these improvements, Plug still burned through about $616 million in the first half of ...
Plug Power uses electrolyzers and electricity made from renewable sources to split water molecules into hydrogen and oxygen. That creates green hydrogen that could power data centers.