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Jun. 10—ATLANTA — Gov. Brian Kemp has announced that Plug Power, a leading global provider of hydrogen solutions, will invest $84 million in opening a green hydrogen fuel production plant in ...
The disruptions come as Plug looks to bring online two new green hydrogen production plants in Georgia and Louisiana. Marsh said the Georgia plant alone, scheduled to open at the end of this year ...
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 ...
LATHAM, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, which began commercial operation of its electrolytic hydrogen facility in Woodbine, Ga. earlier this year, intends to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean ...
Plug Power is digging itself farther into a financial hole by investing heavily in building out its green hydrogen ecosystem. The purchase of property, plant, and equipment totaled another $194 ...
SLINGERLANDS, N.Y., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) has confirmed that its new 15-ton-per-day (TPD) hydrogen plant in St. Gabriel, Louisiana is on schedule as previously announced for operations in the first quarter, now entering the final commissioning phase.
Plug Power was founded in 1997 as a joint venture between DTE Energy and Mechanical Technology Inc. The company went public in October 1999. The company was subject to a shareholder class action complaint for securities fraud following the IPO for allegedly misleading statements about their fuel cell technology capabilities and on its material sales and dist
In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Plug Power's (NASDAQ: PLUG) latest news is a concern about its finances and why Linde (NASDAQ: LIN) and Bloom Energy ...