Norges Bank, Norway’s central bank, has made a significant investment in Plug Power, a company known for its fuel cells and green hydrogen production.
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Plug Power and Gaussin have collaborated to develop hydrogen-powered transportation vehicles.
Plug Power has recently secured a significant order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems from a European customer.
Plug Power has secured industry certification for its one megawatt (MW) high-powered stationary system.
Plug Power has secured a conditional commitment for a loan guarantee of up to $1.66 billion from the Department of Energy (DOE).
Plug Power recently signed a memorandum of understanding (MOU) with Allied Green Ammonia (AGA), an Australian company focusing on green ammonia production.
Plug Power Inc. has gained the first international safety and performance certification in Korea for electrolyzer production, opening up the commercial sale of its systems in the Korean market.
Plug Power is celebrating the achievement of nameplate capacity at their hydrogen plants in Georgia and Tennessee. This increase in the supply from these production networks signifies a reduction in hydrogen costs, a critical aspect for Plug’s roadmap to make profitable growth.
Plug Power has prompted the European Union (EU) to implement bold strategies to boost the hydrogen sector, citing the resounding success of the inaugural Hydrogen Bank auction.
Plug Power has recently secured a significant contract to supply hydrogen infrastructure and fuel cell solutions to a major U.S. automobile manufacturer.