Plug Power Stock Price, News & Analysis

Plug Power (NASDAQ:PLUG) reported its second-quarter results on August 5, 2021, underscoring its role as a leader in hydrogen solutions for the green economy. The company has deployed over 40,000 hydrogen fuel cell systems, solidifying its position in the market and becoming the largest buyer of liquid hydrogen. Plug Power's GenKey solution integrates all essential elements for customers, including major companies like Amazon and Walmart. The company continues to expand into new markets such as zero-emission vehicles and robotics, emphasizing its commitment to sustainability and efficiency gains.

Plug Power Inc. (NASDAQ: PLUG) will announce its 2021 second quarter results on August 5, 2021, at 4:30 PM ET. Interested parties can join the call via toll-free numbers or directly through a webcast. Plug Power leads in hydrogen fuel cell technology, having deployed over 40,000 fuel cell systems globally. The company continues to expand its reach into zero-emission vehicles and other markets while emphasizing sustainability and operational efficiency.

Plug Power Inc. (NASDAQ: PLUG) has appointed David Mindnich as executive vice president of global manufacturing, effective immediately. Mindnich brings over 15 years of expertise, previously leading operations at Tesla’s Gigafactory. He will oversee modernization efforts aimed at creating process efficiencies and enhancing profitability by optimizing Plug Power's global manufacturing facilities. The goal is to scale operations to meet increasing demand for clean hydrogen energy solutions. Mindnich's team is expected to grow from 450 to over 1,000 employees in two years.

Apex Clean Energy and Plug Power have announced a 345 MW wind power purchase agreement (PPA) to develop the first wind-powered hydrogen production facility in the U.S. The facility aims to produce over 30 metric tons of clean hydrogen daily, enough to fuel over 2,000 light commercial vehicles or 1,000 heavy-duty trucks. This partnership marks Apex's largest PPA and supports the decarbonization efforts in the transportation and industrial sectors. Plug Power targets 500 tons of hydrogen production daily by 2025, aiming to increase to 1,000 tons by 2028.

Plug Power Inc. (NASDAQ:PLUG) has been recognized as a Top Green Provider for 2021 by Food Logistics. This marks the fifth consecutive year for this distinction, highlighting the company's sustainability efforts within the cold food supply chain. Plug Power has deployed over 40,000 GenDrive fuel cell units, logging over 713 million runtime hours and facilitating 39.9 million hydrogen fills. During the pandemic, these systems operated at 99% efficiency, moving 30% of the retail food supply in the U.S. Plug Power plans to increase its green hydrogen generation targets significantly by 2025 and 2028.

Plug Power Inc. (NASDAQ:PLUG) reported its first quarter results for 2021, showcasing its leadership in hydrogen fuel cell technology. The company has deployed over 40,000 fuel cell systems globally and is the largest buyer of liquid hydrogen. Plug Power is expanding its market reach into sectors such as zero-emission vehicles and data centers. Leveraging partnerships with major clients like Amazon and Walmart, the firm aims to enhance operational efficiency and sustainability. A shareholder letter and webcast detailing the results are available online.

Plug Power (NASDAQ: PLUG) will announce its 2021 first quarter results on June 22, 2021. The results will be discussed during a conference call scheduled for 8:30 am ET, available through a toll-free number and direct webcast. The company is a leader in hydrogen fuel cell technology, having deployed over 40,000 systems globally, making it the largest buyer of liquid hydrogen. It aims to accelerate the hydrogen economy by providing efficient and sustainable fueling solutions, serving notable customers like Amazon and Walmart.

Plug Power Inc. (PLUG) has announced plans to build a green hydrogen production facility in Camden County, Georgia. This plant will produce 15 tons of liquid green hydrogen daily, using 100% renewable energy. With an investment of $84 million, the project aims to enhance Plug Power’s hydrogen supply network across the East Coast, supporting zero-emission fuel for transportation applications. The facility is expected to create at least 24 local jobs by 2022 and solidifies Plug Power's position as a leader in the clean hydrogen ecosystem. Strategic location near I-95 provides access to key customers and markets.