Truist Securities Reiterates Hold Rating on Plug Power (PLUG)

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Plug Secures 25 MW PEM Electrolyzer Deal for Major European Customer

June 21, 2024 7:00 AM UTC

LATHAM, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe. The project will employ five of Plugs 5 MW containerized PEM electrolyzers, to reduce the carbon footprint of the company by using green hydrogen.

"The selection of Plug's technology for this project serves as a clear example of our established industry expertise and proven technology, stated Plug... More

Plug Receives Industry Certification for its High-Powered Stationary System

June 20, 2024 9:20 AM UTC

LATHAM, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured industry certification for its one MW (megawatt) high-powered stationary system.

Plug achieved certification of its high-powered stationary system to the American National Standards Institute/CSA Groups FC 1-2021 standard covering the safe operation, performance, and construction of stationary fuel cell power systems.

Plugs stationary systems provide a zero-emission solution, reliable power where and when needed. Whether for backup, intermittent, or continuous power, these systems... More