Plug Power

Plug Power

Industrial Machinery Manufacturing

Latham, NY 97,528 followers

Green Hydrogen at Work

About us

Plug is building an end-to-end green hydrogen ecosystem, from production, storage and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. www.plugpower.com.

Website
https://www.plugpower.com
Industry
Industrial Machinery Manufacturing
Company size
1,001-5,000 employees
Headquarters
Latham, NY
Type
Public Company
Founded
1997
Specialties
Plug Power Inc. (NASDAQ: PLUG) is a turnkey provider of clean, reliable solutions for hydrogen fuel cell-based applications, green hydrogen, hydrogen fuel cells, and electrolyzers

Locations

Employees at Plug Power

Updates

  • View organization page for Plug Power, graphic

    97,528 followers

    In the midst of a critical year for green hydrogen, Reuters’ recently published whitepaper titled “U.S. on Verge of Clean Hydrogen Boom as Dollars Flow” outlines the industry’s growth in the last year stimulated by technology boosts and the impacts of the Inflation Reduction Act. Industry leaders including Plug CEO Andy Marsh weigh in about the regulations and how Plug continues to build out its green hydrogen network at the Georgia and Louisiana plants. Download the paper here: https://lnkd.in/gdtq7bzJ

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  • View organization page for Plug Power, graphic

    97,528 followers

    Plug’s partnership with Amazon was recently highlighted for its strides in pushing towards Amazon’s goal of net-zero carbon emissions by 2040. With green hydrogen anticipated to become more cost effective than carbon-based alternatives by 2030, Amazon will enjoy a long-term cost advantage over other retailers as well as being more efficient and sustainable. Read the full article here: https://lnkd.in/dMd6_aUa

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  • View organization page for Plug Power, graphic

    97,528 followers

    Plug has completed deployment of 13 hydrogen refueling stations (HRS) over the last two years across Europe. The company’s HRS installations support a range of material handling and mobility applications across the UK, France, Germany, Spain, and the Netherlands. All systems are currently in commissioning phase, with many already operational today. The remaining systems are expected to be fully operational by this summer. “The rapid uptake of our turnkey hydrogen refueling stations demonstrates growing demand in the European market,” said Plug CEO Andy Marsh. “This milestone underscores the importance of Plug’s experience with hydrogen refueling stations in delivering hydrogen supply to customers. Our team’s expertise has driven down time-to-market for a refueling station from 18 months to 6 months.” Read the full release here: https://lnkd.in/gTWSZpfc

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  • View organization page for Plug Power, graphic

    97,528 followers

    Plug is proud to announce that it has begun installing and commissioning electrolyzer systems worldwide, with many already operational and producing hydrogen today. To date over 95 MW of Plug electrolyzer systems are in operation or commissioning at sites across the world, setting a new PEM electrolyzer capacity milestone in the hydrogen industry. The location of these systems spans multiple regions in North America, Europe, Africa, Asia, New Zealand and India. Each electrolyzer deployment is managed and installed in compliance with the diverse regulatory and compliance requirements specific to each geography. The systems, ranging from one-megawatt (MW) to 40 MW in capacity, are operating at external customer sites that have purchased Plug’s PEM electrolyzers. Since installation, Plug’s electrolyzers have collectively produced over 1,500 metric tons of hydrogen. Read more here: https://lnkd.in/gUCu5QKD

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  • View organization page for Plug Power, graphic

    97,528 followers

    Thank you to California Hydrogen Business Council for recognizing their board member and Plug’s VP of Public Affairs Erin Lane for her commitment to advancing clean energy. We’re proud to have her on our team!

    Today, we are proud to highlight Erin Lane, Plug Power’s representative to our Board of Directors. Erin serves as Vice President of Public Affairs at Plug, where she provides strategic insight into company relations with government and industry actors, advocating for the company’s priorities. With a career spanning over two decades, Erin has been instrumental in advancing energy-related legislation, securing #taxincentives like the #FuelCell Investment Tax Credit, and increasing federal funding for #cleanenergy technologies. Erin’s leadership extends beyond her professional role, as she also serves as President of the #Hydrogen and Fuel Cell Seminar Board of Directors and Chair of the Tax Working Group at the Fuel Cell and Hydrogen Energy Association. Her commitment and expertise are invaluable to our mission of advancing the #hydrogenindustry. Learn more: https://lnkd.in/eH_NJvaj

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  • View organization page for Plug Power, graphic

    97,528 followers

    Plug will be one of the first producers of clean hydrogen in the U.S. to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) enacted by an Act of Congress earlier this year. This incentive allows newer, cleaner technologies, such as electrolytic hydrogen, which is produced from water, to be more cost competitive with incumbent fossil fuel technologies. Learn more: https://bit.ly/3RP8NWl

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Stock

PLUG

NASDAQ

20 minutes delay

$3.24

0.03 (0.935%)

Open
3.21
Low
3.08
High
3.29

Data from Refinitiv

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Funding

Plug Power 37 total rounds

Last Round

Post IPO debt

US$ 1.7B

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