Plug Power Inc.
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PowerPlug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel and provide service to customers such as Amazon, BMW, The Southern Co., Carrefour and Walmart. The company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics and data centers.
Editor's note: Updated March 31, 2021.
News
Energy Transition in Motion (Week of Feb. 14, 2025)
Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
PE Firm Hy24 Commits $50MM to StormFisher Hydrogen
The funding, made via Hy24’s Clean Hydrogen Infrastructure Fund, will go toward StormFisher Hydrogen’s efforts to produce clean fuel in North America.
Plug Power CEO Sees Hydrogen as Part of US Energy Dominance
Plug Power CEO Andy Marsh says the U.S., with renewable energy resources, should be the world’s leading exporter of hydrogen as it competes globally, including with China.
Energy Transition in Motion (Week of Jan. 17, 2025)
Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
US Hydrogen Concerns Linger as Next Administration Nears White House
BP, EDP Renewables, Inpex and Plug Power executives discuss the state of hydrogen and the hydrogen production tax credit.
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.
Energy Transition in Motion (Week of July 19, 2024)
Here is a look at some of this week’s renewable energy news, including the launch of the California hydrogen hub.
Plug Power Secures $1.66B Conditional Loan Guarantee from DOE
Plug Power said the funds will be used to finance development and construction of up to six green hydrogen production facilities.
John Cockerill Americas President Talks Hydrogen, Electrolyzers
Nicolas de Coignac, president of Americas for John Cockerill, recently spoke with Hart Energy about the company’s role in scaling electrolytic hydrogen in the U.S.
Plug Power Finalizes Contract with US Auto Manufacturer
Plug Power says it will supply hydrogen infrastructure and fuel cell solutions as part of the agreement.
Energy Transition in Motion (Week of Jan. 26, 2024)
Here is a look at some of this week’s renewable energy news, including NextEra Energy’s growing renewable energy backlog.
Plug Power Jumps on Govt Loan, Liquid Green Hydrogen Production Start
Plug Power has secured over $1 billion in government funding following liquidity issues amid supply challenges in the liquid hydrogen market in North America.
Energy Transition in Motion (Week of Jan. 5, 2024)
Here is a look at some of this week’s renewable energy news, including a step forward for BP’s efforts to transform an old oil refinery into a biofuel facility.
Plug Power Eyes Opportunity, Addresses Challenges
The company is tracking about $5 billion of potential revenue opportunity for electrolyzer sales as it works to build out its hydrogen network.
Energy Transition in Motion (Week of June 30, 2023)
Here is a look at some of this week’s renewable energy news, including a record-setting solar auction in Nevada.