- Price
- $2.11
- Day
- +0.96%
- Mkt Cap
- $2.94B
- 52W Range
- $1.70 – $4.58
- Volume
- 28.67M
- Beta
- 2.22
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Deployment strengthens Plug's growing presence across hydrogen production, refueling and industrial decarbonization projects in New Zealand and Australia 1 MW GenEco electrolyzer will produce hydrogen for HWR Hydrogen's Invercargill refueling station and dual-fuel heavy transport fleet From distributed hydrogen production to large-scale industrial projects, Plug technology is supporting a growing range of hydrogen applications across the region SLINGERLANDS, N.Y., Sept. 22, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the shipment of a 1 MW GenEco™ PEM electrolyzer to HWR Hydrogen, a division of H.W.
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Booming electricity demand is creating new opportunities for clean energy companies. Bloom Energy is seeing strong growth on its top and bottom lines amid robust demand from data centers.
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Plug Power is growing sales and reducing cash burn. The long-term future of hydrogen fuel remains in doubt.
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Bloom Energy secured a $25 billion financing deal with Brookfield to build AI-related power infrastructure for data centers. Plug Power is staying focused on forklifts, electrolyzers, and hydrogen production instead of pursuing data center opportunities.
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In the latest trading session, Plug Power (PLUG) closed at $2.08, marking a -1.89% move from the previous day.
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The U.S. House of Representatives has handed on-site power generators a policy win, and fuel cell stocks are responding in force Thursday morning.
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Plug Power's margin improvement offers a bright spot as cost cuts, better pricing and operational gains target profitability and liquidity.
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In the most recent trading session, Plug Power (PLUG) closed at $2.01, indicating a -2.2% shift from the previous trading day.
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Shares of Bloom Energy (NYSE:BE) are climbing in Friday morning trading, up 7% to $276.31 after S&P Dow Jones Indices confirmed the fuel cell maker's addition to the S&P 500.
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PLUG's core product demand remains uneven, with sharp declines in electrolyzers and hydrogen infrastructure offset by fuel cell growth.
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Plug Power stock has traded largely sideways in recent weeks, but remains firmly in bear-market territory after falling 47% from its May high. The shares were trading at $2.26, giving the company a market capitalization of roughly $3 billion, while short interest has climbed to 20% despite ongoing efforts to execute a turnaround.
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Plug Power's success is partially dependent on fossil fuel prices. Higher fossil fuel prices could be helpful, with limitations.
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