Plug Power, Inc.
Capital 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
- 2,582
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- 125 Vista Boulevard Slingerlands NY United States 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
Bloom Energy Jumps 7% Ahead of Q3 Report as Musk Calls Power AI's Real Bottleneck; FuelCell Ticks Up, Plug Power Barely Moves
Health In Tech Appoints Sanjay Shrestha as Chief Executive Officer to Lead Next Phase of Growth and Strategic Expansion
Plug Power Appoints Dr. Lee Sweetland as Global Engineering Industrialization Lead
Could Buying Plug Power Today Transform $1,000 Into Life-Changing Wealth?
Down 30.0% in 4 Weeks, Here's Why Plug Power (PLUG) Looks Ripe for a Turnaround
Plug Power (PLUG) Surpasses Market Returns: Some Facts Worth Knowing
Plug Power Reports Continued Business Progress, Sets Dates for Third Quarter 2026 Earnings Call and Global Plug Symposium
Stock Market Today, Oct. 14: Plug Power Falls on Analyst Target Cuts and Concerns Over Rising Interest Rates
Eos Energy Enterprises vs. Plug Power: Which Energy Storage Pioneer Is a Better Buy in 2026?
Plug Power (PLUG) Stock Sinks As Market Gains: Here's Why
Did Plug Power Inc. Insiders Breach their Fiduciary Duties to Shareholders?
Bloom Energy Tumbles 8% Even as UBS Lifts Its Price Target to $350; FuelCell Energy Slides 8%, Plug Power Drops 3%
Plug Power, Inc. (PLUG) Is a Trending Stock: Facts to Know Before Betting on It
What next for the falling Plug Power stock price?
FuelCell Tumbles 12% as Its Finance Chief of 15 Years Steps Down; Bloom Energy Dips, Plug Power Slides 3%
Plug Power (PLUG) Stock Sinks As Market Gains: What You Should Know
FuelCell Energy Surges 11% on Fit Energy's Pennsylvania Data Center Plan; Bloom Energy Climbs 4%, Plug Power Barely Budges
3 Hydrogen Stocks Worth Watching This October
FuelCell Jumps 7%, Bloom Energy Climbs 3% as Hydrogen Stocks Rally; Plug Power Sits Out
Plug Power (PLUG) Increases Despite Market Slip: Here's What You Need to Know