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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.
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 ...
To support the plant, AGA plans to construct a 4.5 GW solar facility that will power Plug’s electrolyzers with clean, zero-emission energy, producing green hydrogen for green ammonia.
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 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
Plug Power posted a net loss of $558 million during the first six months of 2024. That's up from a nearly $443 million net loss across the same period of 2023. ... The purchase of property, plant ...
Commercial operation began on June 16, 1986. In 2003, owners applied and were approved for a power upgrade of approximately 52 megawatts in 2003. The nameplate capacity is 974 MW. [3] River Bend is operated by Entergy, which owns 100% of the station through its subsidiary, Entergy Gulf States Louisiana. The plant's operating license will expire ...
However, in 2023, Talen announced they would instead retire the plant, despite grid operator PJM Interconnection finding that this "would adversely affect the reliability of the system." [ 4 ] The resulting shortage of generating capacity in the Baltimore area led to an estimated $5 billion increase in costs and a $360 million increase in Talen ...