Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
Tag: Plug Power
Nikola And Plug Power Form Green Hydrogen, Fuel Cell Truck Supply Partnership
Plug Power will buy Nikola’s fuel cell trucks to haul its hydrogen and supply the truckmaker with the green fuel and equipment to liquefy hydrogen gas. Nikola Corp. Electric truckmaker Nikola an...
Investing In Renewables Sector — A Look At The Largest Renewable Energy Companies
| Getty Images Key Takeaways Renewable energy is more friendly to the environment compared to fossil fuels. Most green energy today is focused on wind and solar, however some companies are exploring h...
Is Green Hydrogen The Fuel Of The Future? This CEO Is Betting On It
Plug Power’s long-time CEO is repositioning the fuel cell maker to be a producer of hydrogen fuel made from water and renewable power to cut climate-warming industrial carbon pollution from the steel,...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
Plug Power Stock Drops On Revenue Shortfall
Plug Power stock fell on Friday after the fuel-cell company said its annual revenue would be lower than expected because of supply-chain problems. Revenue for 2022 will be 5% to 10% lower than the $90...
Amazon To Buy Plug Power’s ‘Green’ Hydrogen In Deal With $2.1 Billion Stock Option
An electric warehouse forklift uses Plug Power’s fuel cell system. Plug Power Plug Power, which supplies fuel cells for electric forklifts used by Amazon and other companies, said the retail gia...
Green Hydrogen Made From Renewables Is A Step Closer Because Of The Inflation Reduction Act
High voltage electricity transmission towers beyond hydrogen storage tanks during the final stages … [+] of construction at Iberdola SA’s Puertollano green hydrogen plant in Puertollano, S...
Plug Power Misses Estimates. But Analysts Lift Price Targets on Climate Bill Catalysts.
Text size Photo courtesy of Plug Power Plug Power shares rose sharply Wednesday despite the fuel-cell company reporting second-quarter revenue that missed estimates. Analysts said they expect Plug Pow...
Electric Vehicles Or Hydrogen Fuel Cell Cars? The Inflation Reduction Act Will Fuel Both
WASHINGTON, DC – APRIL 22: Electric vehicles are displayed before a news conference with White House … [+] Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg...
Senate Passes Climate Bill. The Rush to Renewable Energy Is On.
The climate and tax package passed by the Senate on Sunday will unlock around $400 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a paralle...
Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package
The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...
Plug Power Snags Walmart Fuel Deal As Green Hydrogen Revs Up Amid Oil Price Spike
Plug Power plans to supply Walmart with as much as 20 tons of liquid hydrogen per day made from water and renewable electricity. Plug Power There’s been a flurry of plans from big manufacturers and st...
Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings
Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
Plug Power’s Walmart Deal Is a Step in the Right Direction, Analyst Says
Text size Plug Power stock has gained about 4% the last 12 months. Courtesy Plug Power Plug Power’s recent deal with Walmart is solid validation for investors that the company’s green hydrogen investm...