Plug Power Inc.
NASDAQ Capital MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Jose Luis Crespo
- Full Time Employees
- 2,344
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 125 Vista Boulevard Slingerlands NY United States of America 12159
- IPO Date
- Oct 29, 1999
- CIK
- 0001093691
- Website
- plugpower.com
- Similar Companies
- Business
- Plug Power Inc. Plug Power Inc. (PLUG) develops, manufactures, and sells hydrogen fuel cell systems and related solutions to support the global transition to a zero-carbon economy. The company offers an end-to-end green hydrogen ecosystem, including electrolyzers for green hydrogen production; GenKey turnkey solutions bundling fuel cells, hydrogen supply, fueling infrastructure, and service; GenFuel hydrogen supply and dispensing services; GenCare aftermarket maintenance; ProGen fuel cell engines for on-road electric vehicles; stationary power generation systems; and applications for material handling, e-mobility, robotics, aerospace, and data center backup power. Plug Power operates in North America, Europe, Asia, and internationally from its headquarters in Latham, New York, where it was founded in 1997 and became publicly traded in 1999. The company maintains leadership in material handling fuel cells, powering over 275 hydrogen-consuming sites, while expanding into power generation and industrial applications through strategic infrastructure for hydrogen liquefaction, storage, transport, and conversion to electricity. Recent developments include a multi-year hydrogen supply agreement extended through 2030 with a major U.S. industrial gas company to enhance cost efficiency and support network growth in states like Georgia, Tennessee, and Louisiana; a non-binding letter of intent with a U.S. data center developer for hydrogen fuel cell backup power solutions amid rising demand for low-carbon energy; a June 2025 partnership with Allied Green Ammonia for a 2 GW electrolyzer project in Uzbekistan; a $375 million convertible senior notes offering in November 2025 to refinance debt and fund operations alongside a special stockholder meeting for share authorization expansion; suspension of certain U.S. Department of Energy loan-funded projects to redirect capital to higher-return initiatives; and production ramp-up at its Georgia green hydrogen plant, the largest in the U.S. Plug targets $700 million in 2025 revenue through these expansions and margin improvements in the green energy sector.
Company News
Plug Power stock forms a risky pattern as short-seller pressure builds
Goldman Sachs Warns $120 Oil Is Back on the Table. Time to Buy Plug Power Stock?
Plug Power Surges 10.1% YTD: Should Investors Ride the Rally?
Contrasting CSLM Acquisition (NASDAQ:SPWR) & Plug Power (NASDAQ:PLUG)
Bloom Energy Spikes 8% as Risk-On Tape Lifts High-Beta Names, FuelCell Ticks Up, Plug Power Stays Flat
Is Rising Electrolyzer Demand a Long-Term Growth Catalyst for Plug Power?
Plug Power Gains 4% as Risk Appetite Returns; FuelCell Inches Higher, Bloom Energy Holds Flat
Plug Power Sinks 5%, Bloom and FuelCell Slip: Is the Hydrogen Trade Narrowing to One Name?
Plug Power stock faces a technical test just as its turnaround gains traction
Bloom Energy Climbs 5% on Nancy Pelosi Disclosure, FuelCell Rises 4%, Plug Power Advances 2%
BlackRock Inc. Buys 31,939,194 Shares of Plug Power, Inc. $PLUG
Plug Power: Tangible Margin Progress But More Work Ahead - Hold
This Hydrogen Stock's Turnaround Is Further Away Than Wall Street Thinks
Bloom Energy vs. Plug Power: 1 Stock Clearly Wins the AI Revenue Race
Plug Power Falls 4%, Bloom Energy Moves Up as the Hydrogen Trade Divides
2 Hydrogen Stocks to Buy in August if You Believe in the Turnaround
FuelCell Energy Jumps 5%, Plug Power Climbs 4%, Bloom Energy Slips as the Hydrogen Trade Splits
FuelCell Energy Sinks 8%, Bloom Energy Falls 3%, Plug Power Drops 3%: What's Behind the Hydrogen Stock Selloff?
Plug Power Falls 5%, Bloom Energy Sinks 8% With the 10-Year Yield Near a 52-Week High
Plug Power Tested a Backup Power System With Microsoft. Here's Why the CEO Says That's Not a Real Pivot Yet.