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Plug Signs 3 GW BEDP Contract with Allied Green Ammonia for Electrolyz...
Plug Signs 3 GW BEDP Contract with Allied Green Ammonia for Electrolyzer Project in Australia Supporting its growth targets, Plug brings its total BEDP global contracts to 7.5 GW LATHAM, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the signing of a Basic Engineering and Design Package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying hydrogen to AGA’s planned ammonia...
Plug to Revolutionize Middle-Mile Delivery with Class 6 Fuel Cell Elec...
Plug to Revolutionize Middle-Mile Delivery with Class 6 Fuel Cell Electric Truck Integration LATHAM, N.Y., May 15, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen solutions for the green hydrogen economy, has announced its latest innovation: the integration of a Class 6, medium-duty fuel cell electric truck. The integration involves a commercial Class 6 chassis cab with an industry proven electric propulsion system powered by Plug’s cutting-edge ProGen fuel cell technology and seamlessly integrated with an industry proven electric propulsion system. F...
Plug Receives $1.66 Billion Conditional Commitment Loan Guarantee From...
Plug Receives $1.66 Billion Conditional Commitment Loan Guarantee From Department of Energy for Green Hydrogen Development Pipeline Loan guarantee will bolster the buildout of Plug’s green hydrogen plant network across the United States, driving rapid advancement of the hydrogen economy LATHAM, N.Y., May 14, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, received a conditional commitment for an up to $1.66 billion loan guarantee from the Department of Energy’s (“DOE”) Loan Programs Office (“LPO...
Plug Announces First Quarter 2024 Financial Results
Plug Announces First Quarter 2024 Financial Results LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company”), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024. First-Quarter Results Earnings-Per-Share (EPS) and Revenue: The Company reported revenue of $120.3 million and EPS loss of $0.46 for the quarter ended March 31, 2024.Enhanced Focus on Cash Management: Net cash used in operating activities and capi...
Plug Signs MOU with Allied Green Ammonia for 3GW of Electrolyzer Suppl...
Plug Signs MOU with Allied Green Ammonia for 3GW of Electrolyzer Supply at World-Class Green Ammonia Production Facility LATHAM, N.Y., May 03, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the signing of a memorandum of understanding (MOU) with Allied Green Ammonia (AGA), an Australian Company focused on green ammonia production, to supply up to 3 gigawatts (GW) of Plug electrolyzer capacity for AGA’s upcoming hydrogen to ammonia facility proposed for the Northern Territory of Australi...
Plug Continues to Expand Cryogenic Sales with Multiple Customer Agreem...
Plug Continues to Expand Cryogenic Sales with Multiple Customer Agreements and International Expansion Agreements expand Plug’s reach in cryogenic equipment portfolio across sectors International expansion of cryogenic equipment services with certification of liquid hydrogen storage tanks and transport trailers in Korea LATHAM, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced that it has been awarded contracts to supply cryogenic equipment to a multinational indust...
Plug Secures First International PEM Electrolyzer Certification in Kor...
Plug Secures First International PEM Electrolyzer Certification in Korea Final step completed to enable the commercial sale of Plug electrolyzer systems in Korea LATHAM, N.Y., May 01, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured the first international safety and performance certification in Korea for electrolyzer manufacturing, enabling the commercial sale of Plug electrolyzer systems in the Korean market. This achievement was completed through Plug's collaboration with SK E&S in the...
Plug to Announce 2024 First Quarter Results
Plug to Announce 2024 First Quarter Results LATHAM, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2024 first quarter results on Thursday May 9, 2024. Join the call: Date: May 9, 2024Time: 8:30 AM ETToll-free: 877-407-9221 / Direct webcast: The webcast can also be accessed directly from the Plug homepage (). A playback of the call will be available online for a period following the call. About Plug Plug is building an end-to-end green h...
Plug Signs Additional BEDP Contracts for a Total of 4.5GW of Electroly...
Plug Signs Additional BEDP Contracts for a Total of 4.5GW of Electrolyzers Across Europe and the United States Expanding Basic Engineering and Design Package (BEDP) Portfolio with an additional 350MW of electrolyzers LATHAM, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has signed two additional contracts to deliver Basic Engineering and Design Packages (BEDP) for projects in Europe and the U.S. with a combined capacity of up to 350 megawatts (MW) of electrolyzers. These agreem...
Plug Continues to Make Substantial Advancement in Hydrogen Generation ...
Plug Continues to Make Substantial Advancement in Hydrogen Generation Buildout Having already achieved nameplate capacity at Georgia and Tennessee with Louisiana on track to achieve mechanical completion by end of Q3 2024 Recalibrated hydrogen pricing continues to make solid progress, underscoring strategic nature of Plug’s customer relationships These initiatives are in line with the company’s previously articulated goals of margin expansion and focus on cash burn reduction LATHAM, N.Y., April 23, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in ...
Plug Highlights Year of Strategic Growth and Advancements in Accelerat...
Plug Highlights Year of Strategic Growth and Advancements in Accelerating the Green Hydrogen Economy LATHAM, N.Y., March 01, 2024 (GLOBE NEWSWIRE) -- Today, Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy announced its financial results and operational milestones for the quarter and fiscal year ended December 31, 2023. With a steadfast commitment to advancing the green hydrogen economy, the Company has achieved significant progress in revenue growth, operational efficiency, and strategic investments aimed at promoting glob...
Plug and Uline Expand Partnership to Supply Hydrogen and Fuel Cells at...
Plug and Uline Expand Partnership to Supply Hydrogen and Fuel Cells at Four Additional Sites 8-year partnership and $20,000,000 expansion underscores Uline’s commitment to Plug’s hydrogen and fuel cell solutions, significantly enhancing efficiency of operations LATHAM, N.Y., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, and Uline, the leading distributor of shipping, industrial and packaging materials to businesses throughout North America, announced their expanded partnership to depl...
Plug to Announce 2023 Fourth Quarter and Year-End Results
Plug to Announce 2023 Fourth Quarter and Year-End Results LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2023 fourth quarter results on Friday, March 1, 2023. Join the call: Date: Friday, March 1, 2024Time: 8:30 am ETToll-free: 877-407-9221 / Direct webcast: The webcast can also be accessed directly from the Plug homepage (). A playback of the call will be available online for a period of time following the call. About PlugPlug is building an end-to-...
Plug Finalizes Contract to Support A Major U.S. Automobile Manufacture...
Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer’s Material Handling Operations One of the largest automotive manufacturing facilities in the U.S., spanning over 6 square miles, to run on Plug hydrogen and fuel cell solutions LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations. The man...
Plug Announces Strategic Expense Reduction Plan to Save More Than $75 ...
Plug Announces Strategic Expense Reduction Plan to Save More Than $75 Million Annually LATHAM, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- In a strategic move to enhance its financial performance and ensure long-term value creation in a competitive market, Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced a comprehensive initiative designed to significantly reduce its annual operational expenses by more than $75 million. This ambitious plan will be executed with an expected one-time implementation cost of $15 mi...
Plug Delivers Several Portable Liquid Hydrogen Refuelers to Customers
Plug Delivers Several Portable Liquid Hydrogen Refuelers to Customers Plug’s first-of-its-kind portable refueler hits the roads to support cost-effective adoption of commercial fuel cell electric vehicle fleets Removes significant barrier to consideration of fuel cell electric vehicles LATHAM, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers. Plug’s HL-450D-P is ...
Plug Cryogenic Trailers Leave Tennessee Hydrogen Production Plant for ...
Plug Cryogenic Trailers Leave Tennessee Hydrogen Production Plant for Customer Deliveries Plug cryogenic trailers have been filled with liquid hydrogen for delivery at east coast pedestal customer sites - two days following commencement of operations. Design improvements on the Tennessee plant enhance the efficiency of the generation facility. Between Georgia and Tennessee, Plug now has about 25 tons per day of liquid hydrogen production capacity, further enhancing the overall generation network in the US. LATHAM, N.Y., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), ...
Plug Power Starts Production of Liquid Hydrogen at its Existing Tennes...
Plug Power Starts Production of Liquid Hydrogen at its Existing Tennessee Plant Implemented design improvements on Tennessee plant which further enhances the efficiency of the generation facility Between Georgia and Tennessee, Plug now has about 25 tons per day of liquid hydrogen production capacity, further enhancing the overall generation network in the US LATHAM, N.Y., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has re-started operation of its hydrogen plant in Charleston, Tennes...
Plug Signs BEDP Contract for a 500MW Electrolyzer in Europe
Plug Signs BEDP Contract for a 500MW Electrolyzer in Europe Plug’s total amount of Basic Engineering and Design Package (BEDP) contracts reaches 4.1GW LATHAM, N.Y., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has signed a contract to deliver a Basic Engineering and Design Package (BEDP) for a 500 megawatt (MW) electrolyzer project in Europe. The contract, signed on January 29, 2024, increases Plug’s total amount of BEDP contracts to 4.1 gigawatts (GW). Plug started offering a Basic...
Plug Power Completes First Customer Fill of Liquid Green Hydrogen at i...
Plug Power Completes First Customer Fill of Liquid Green Hydrogen at its Georgia Plant Largest Proton Exchange Membrane (PEM) Electrolyzer Deployment in the United States A Plug cryogenic trailer has been filled with liquid hydrogen for use at Walmart, Amazon and Home Depot sites LATHAM, N.Y., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has completed the first fill of a Plug tanker with liquid green hydrogen produced at its Woodbine, Georgia production plant, heading straight off to...
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