Truist Securities Reiterates Hold Rating on Plug Power (PLUG)
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RBC Capital on Plug Power (PLUG): 'The announcement demonstrates the company's ability to execute'
June 21, 2024 7:45 AM UTCRBC Capital analyst Chris Dendrinos reiterated a Sector Perform rating and $3.50 price target on Plug Power (NASDAQ: PLUG).
The analyst comments "Our view. This morning PLUG announced the sale of 25 MW of PEM electrolyzers to a major customer in Europe to help decarbonize its operations. This is one of the... More
Plug Power (PLUG) Wins 25 MW PEM Electrolyzer Deal for a European Customer
June 21, 2024 7:01 AM UTCPlug 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... More
Plug Power (PLUG) Receives Industry Certification for its High-Powered Stationary System
June 20, 2024 9:21 AM UTCPlug Power Inc. (NASDAQ: PLUG) 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 provide energy... More
