Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yahoo Finance: Is Plug Power Inc. (PLUG) The Best EV Stock to Buy Under $50? $PLUG
https://finance.yahoo.com/news/plug-power-inc-plug-best-165125704.html
It's a backup generator for a small town, that loses power whenever winds get too high. Since it's a tourist town, I doubt the costs are too high for them. It would cost more to keep the town/customers in the dark. PG&E doesn't care what it costs, their customers will pay for it.
It looks like Energy Vault has customers lined up to get their battery/fuel cell generators.
HYDROGEN IS EASY !
Hi, Boys and Girls, do you know what day it is ?
April Fools Day. !
It's also the day when our shiney, new hydrogen plant is supposed on line and running at full capacity.
Not on Schedule . Not on Budget . And NOT GREEN .
rick - The technology works .
The ECONOMICS Don't !
Yet another one-off NOTHING BURGER.
Energy Vault Achieves Successful Close of $28 million in Project Financing for the Calistoga Resiliency Center, the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage Microgrid serving California’s PG&E
https://www.morningstar.com/news/business-wire/20250401457593/energy-vault-achieves-successful-close-of-28-million-in-project-financing-for-the-calistoga-resiliency-center-the-worlds-first-ultra-long-duration-hybrid-green-hydrogen-energy-storage-microgrid-serving-californias-pge
Energy Vault management showcases technology, project execution and integration capabilities alongside technology partners, Plug Power (Nasdaq: PLUG) and Chart Industries (Nasdaq: GLTS), during recent analyst and investor facility site tour
April 1 ; April Fool's Day.
A National Holiday for PLUG.
$PLUG Plug Power Inc. Total Cash (mrq) $205.69M develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative to fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.
EXCLUSIVE | 'Explosives made with our Canadian green hydrogen will be cheaper than fossil-based imports from the US — if tariffs are applied'
https://www.hydrogeninsight.com/production/exclusive-explosives-made-with-our-canadian-green-hydrogen-will-be-cheaper-than-fossil-based-imports-from-the-us-if-tariffs-are-applied/2-1-1799336
Green hydrogen developer Hy2Gen’s 300MW Courant project in Quebec is expected to be its first over 100MW to reach a final investment decision (FID), with all of the project's renewable H2-derived ammonia contractually bound to be sold for the production of ammonium nitrate explosives for the mining industry.
CEO Cyril Dufau-Sansot tells Hydrogen Insight that this end-product will already be the same cost to Canadian mining firms as imports of the explosive made from unabated natural gas in the US.
And it could even be cheaper if Canada applies import tariffs as part of an on-going tit-for-tat trade war with its southern neighbour.
Hydrogen Fuel Dispenser Detailed Analysis 2025-2031: Market Size, Future Prospects, and Industry Trends
https://www.openpr.com/news/3946502/hydrogen-fuel-dispenser-detailed-analysis-2025-2031-market
The global market for Hydrogen Fuel Dispenser was estimated to be worth US$ 91.3 million in 2024 and is forecast to a readjusted size of US$ 318 million by 2031 with a CAGR of 19.8% during the forecast period 2025-2031.
Iwatani Corp. Unveils Japan’s First Hydrogen-Powered Passenger Ship; Vessel Will Sail during 2025 Osaka-Kansai Expo
https://japannews.yomiuri.co.jp/business/companies/20250331-246241/
The Netherlands launches the H2ESTIA project to develop the world's first liquid hydrogen-powered cargo ship
https://en.portnews.ru/news/375306/
“He will avoid repealing the IRA provision that impacts Red states.”
Trump is tossing out rumors of a third term to gauge the reaction…plus he just loves stirring the pot…
The IRA was Biden…if they keep it, it will be Biden who gave it to them…Trump wants them to be beholden to him…his style is to take away what they thought they had and then to give them something else so they are indebted to him…
They won’t support him because he didn’t take away something they already had that was given to them by someone else…
the stock price is $1.33 per share...so you think with $2.37 bil more in dilution, its all good??...and that will only get them to 2027??...
plug is only .34 away from delisting and needing to do a reverse split...with all that dilution, a r/s will happen LONG before 2027...which will mean getting the pps up to at least 10 bucks with nothing but hocus pocus...plug will then continue to dilute the crap out of shareholders while shorters will see that the prospects for plug have not changed and they will cause the ps to drop another 50% very quickly...
if what you posted was the good news...you better hope there is no bad news...
Hyundai Motor establishes Energy Hydrogen Unit
https://hydrogen-central.com/hyundai-motor-establishes-energy-hydrogen-unit/
Hyundai Motor’s moves in the hydrogen business reflect its persistent commitment to hydrogen over the past 27 years. The company established a dedicated hydrogen research and development organization in 1998 and has since led the way in hydrogen technology. In 2013, Hyundai became the first company in the world to mass-produce hydrogen electric vehicles with the launch of the ‘Tucson ix Fuel Cell,’ followed by the release of the ‘NEXO’ in 2018. NEXO has since surpassed forty thousand units in cumulative global sales, securing the top market share in the passenger hydrogen vehicle segment.
Hyundai Motor plans to unveil a successor model to the NEXO in the first half of this year, approximately six months after presenting the concept car ‘INITIUM’ in October last year.
Vice Chairman Chang remarked at the time of the INITIUM reveal, “Hydrogen is not only a clean energy source for future generations but also an accessible and therefore equitable energy.”
Chile Greenlights Electrolyzer Production, Aiming for Hydrogen Hub Status
https://www.globaleconomictimes.kr/article/1065578837785034
Hydrogen energy industry thrives in Zhangjiagang in E China
https://english.pariwartankhabar.com/hydrogen-energy-industry-thrives-in-zhangjiagang-in-e-china/
The city now routinely deploys hydrogen-powered tractors in port operations and hydrogen-fueled buses across urban road networks. Meanwhile, integrated hydrogen-solar smart microgrids have evolved into innovative “power bank” systems that deliver renewable energy solutions.
RICHARD MARSDEN takes to the tracks - on Britain's first hydrogen train
https://www.thisismoney.co.uk/money/markets/article-14549979/RICHARD-MARSDEN-takes-tracks-Britains-hydrogen-train.html
With almost $1 billion in ATM funding, a $1 billion equity purchase agreement with Yorkville Advisors and potentially $371 million in warrants, I believe Plug has sufficient funding till 2027.
"Plug Power has formalized a standby equity purchase agreement with Yorkville Advisors, providing an option to sell up to $1 billion in shares. The deal empowers Plug Power with financial flexibility through controlled stock sales until February 2027."
By FCW Team February 10, 2025
https://fuelcellsworks.com/2025/02/10/fuel-cells/plug-power-signs-1-billion-equity-purchase-agreement-with-yorkville-advisors
B_B - PLUG needs to do a Reverse Split in order to reduce the share count, and increase the share price because there are too many shares outstanding .
PLUG needs to raise at least $500 million and at today's prices would mean 500 million new shares. A 10 for 1 Reverse Split brings that number to a more reasonable 50 million shares.
The delisting is just one reason for a reverse split, but not the only reason
_________________________________________________________________
"PLUG's DEATH SPIRAL :
PLUG needs more capital . The DOE Loan if it shows up, helps with CAPEX, but that doesn't keep the lights on.
Even after "Project Quantum Leap" , Plug will need at least $500+ million OPEX. So this week's raise is not nearly enough.
Once upon a time, Plug could raise capital by selling shares for $65.00; BUT ... Today Plug will need to sell 40 TIMES more shares to reach $65.
This means Plug will need to DILUTE by about 500 million more shares in 2025.
What will that kind of Dilution (50%), do to Plug's share price."
The stock market drop yesterday was exacerbated by options, end-of-quarter trading/manipulation and the fear of next week's tariffs.
The decline in recent months is due to political uncertainties, but next month, Trump will likely reverse some unfavorable policies for Plug.
April 1 will be a crucial day, with both the Wisconsin Supreme Court election and a Florida special election taking place.
Republicans grow concerned about Trump’s handpicked candidate in Florida special election
Sarah Ferris, Arit John David, Wright and Steve Contorno, Thu March 27, 2025
https://edition.cnn.com/2025/03/27/politics/randy-fine-florida-special-election/index.html
Wisconsin court race tests Trump's approval as Musk pours millions into campaign
By Eric Cox and Joseph Ax March 26, 2025
https://stocktwits.com/B_B_/message/609399706
Avoiding share delisting is the most common reason for a reverse stock split. Plug did this in 2011 to stay listed. I don’t think Plug will do another reverse split, as the likelihood of its share price dropping and staying below $1 for an extended period is low due to the stock's speculative nature.
If the stock drops below $1, Plug's P/S ratio will fall under 1.5 (P/S ratio over the past 10 years: min 1.5, median 4, max 36).
"The ultimate decision implemented by the Board of Directors was done to help Plug Power maintain its Nasdaq listing as well as to increase the share price to make our stock more attractive to institutional investors."
PLUG POWER ANNOUNCES 1-FOR-10 REVERSE STOCK SPLIT
May 19, 2011
https://www.ir.plugpower.com/press-releases/news-details/2011/PLUG-POWER-ANNOUNCES-1-FOR-10-REVERSE-STOCK-SPLIT-2011-5-19/
If a company's stock falls below $1.00 for 30 consecutive trading days, it receives a deficiency notice and is given 180 days (Nasdaq) to raise its share price.
If the market cap hits under $1 billion then this will collapse if you know what happens. Then it is RS time. Better hope that does not happen. but at this point I do not think management even cares. It will give them a redo and just buy more time to survive, which is what they want. By now they either know this has a chance to survive or not. They will make that paycheck last as long as they can. Funny, why no news on the Olin plant being up and running yet? Why no news on whether they got their first DOE money yet?
I have an order to buy at $1.33 for a few shares. I'll flip them if it goes back up a dime, next week.
"you better hope plug doesnt close below $1.50...that would be a bad sign..."
and here we are...hitting a low today of $1.33...which i might add is a new 52 week low...
boy that was quick...
“ Neither company ever issued shares when they didn't need to cover cash burn.”
They move things around and make it look like that statement is true…it isn’t…
It’s like saying I only spend what I need to while standing in line at Starbucks…lol
What did Jose say ?
"Chief Revenue Officer, Jose Luis Crespo, will represent Plug at the conference and hold one-on-one meetings with institutional investors to discuss the company’s strategic priorities."
What other problems? neg margins and cash burn are pretty bad.
Neither company ever issued shares when they didn't need to cover cash burn.
PPS sure has come down a lot since January not that long ago
"Both of these appear priced in at this point."
there is nothing priced in...there are plenty more problems with plug and fcel besides what you mentioned...
"Both plug and fcel are reducing their cash burn to the point they will no longer need to issue shares"
need to and want to are two different things...
Agree. But now the opposite is the case. h2 names have been decimated due to neg cash flow and the assumption Trump will kill the sector. Both of these appear priced in at this point.
To go down from here these trends really need to continue...but they're not. Both plug and fcel are reducing their cash burn to the point they will no longer need to issue shares - this without 45v. Also, it is highly likely 45v remains in place while at least 3 hubs move forward (2 are in plug's sphere), which means ebitda likely turns positive (or close) sometime in 2025.
Both co's have plenty of cash for 1-3 years and trade below book.
I've seen lots of turnarounds over the years and these both fit the bill.
Jditi - Close. With PLUG the best way to capitalize is to SELL High and BUY Low.
There was a stretch where you could ride the Hype, but that didn't last very long.
So your point is to Sell low & buy high?
Middle East and Africa Hydrogen Market Report 2025: Hydrogen Boom in MEA - 23.5 mtpa Pipeline Signals Export Ambitions
https://www.globenewswire.com/news-release/2025/03/27/3050357/28124/en/Middle-East-and-Africa-Hydrogen-Market-Report-2025-Hydrogen-Boom-in-MEA-23-5-mtpa-Pipeline-Signals-Export-Ambitions.html
The report reveals how the MEA region is emerging as a strategic global hydrogen hub, with 23.5 mtpa of upcoming capacity and 211 GW of planned electrolyzer projects. While Africa focuses on green hydrogen powered by vast renewables, Middle Eastern countries are leveraging refinery assets for blue hydrogen production. Egypt and Oman lead their respective regions in future capacity. Despite currently holding just 11% of global hydrogen capacity, the MEA is home to 4 of the world’s 10 largest low-carbon hydrogen projects. Most output is intended for export, targeting Europe and Asia, with key use cases in transport, ammonia, and steel. The report covers policy landscapes, investment activity, major players, and technology readiness.
I will keep looking!
It could be the event that tips the balance of hydrogen use across the whole planet.
be sure and lets us know if Cucamonga, Ca buys a couple of fuel cell buses...that just might turn the tide...
Yeah, I debated on whether to post it or not.
I'm not in favor of the government funding stuff like this. Cut them all or fund them all. Funding half doesn't really help.
"Democratic states face potential hydrogen hub funding axe from Trump’s DOE: reports"
are they trying to ensure he cancels some red state hubs as well?...sounds good to me...trump should shitcan all of them...
on the other hand, Political says they have "sources" and saw a piece of paper with stuff written on it...lol
NCTD breaks ground on new hydrogen fueling infrastructure
https://www.masstransitmag.com/technology/facilities/shelters-stations-fixtures-parking-lighting/press-release/55277437/north-county-transit-district-nctd-nctd-breaks-ground-on-new-hydrogen-fueling-infrastructure
The North County Transit District (NCTD) celebrated the groundbreaking of its hydrogen fueling station at its West Bus Division in Oceanside, Calif. This project is part of the agency’s efforts to transition its BREEZE bus fleet to zero-emission operations. Once complete, the fueling station will have the capacity to fuel the agency’s hydrogen fuel-cell electric buses, which will represent approximately one-quarter of NCTD’s fleet in 2025.
Rebus Elevates Green Mobility in Germany with 52 New Solaris Hydrogen Buses
https://fuelcellsworks.com/2025/03/26/fuel-cells/rebus-elevates-green-mobility-in-germany-with-52-new-solaris-hydrogen-buses
Rebus Regionalbus Rostock GmbH has enhanced its public transport fleet in Rostock, Germany, with the addition of 52 Solaris hydrogen fuel cell buses. This acquisition marks one of the largest hydrogen bus fleets in Germany.
About 30 of these buses are already operational, collectively covering over 150,000 kilometers, and demonstrating high reliability even under low temperature conditions.
Democratic states face potential hydrogen hub funding axe from Trump’s DOE: reports
https://www.h2-view.com/story/democratic-states-face-potential-hydrogen-hub-funding-axe-from-trumps-doe-reports/2123578.article/
Politico today (March 26) released a report which said sources had told the publication that a list circulating within the DOE suggests blue-state projects could have funding their Biden-era Infrastructure Investment and Jobs Act (IIJA) funding cut.
However, it suggests funding for the three hubs in Republican states would be maintained.
Politico reports that it obtained a spreadsheet of the projects “prepared by DOE” which labelled each hub as “cut” or “keep.”
The publication says it was told that out of the seven hubs, only the four planned for primarily Democratic-leaning states are recommended to have funding cut.
That would include Oregon, Washington and Montana’s Pacific North West (PNWH2); California’s Arches hub; Illinois, Indiana and Michigan’s MachH2; and Pennsylvania, Delaware and New Jersey’s MACH2.
Reportedly on the keep side are Minnesota, South Dakota and North Dakota’s Heartland Hub; Appalachia’s hub across West Virginia, Ohio and Pennsylvania; and Texas’ Hyvelocity.
Beyond the political leaning of each state, key differences emerge in the hydrogen production plans across the hubs – with those on the keep list looking to natural gas-based operations.
NEW ALL TIME LOWS for FUEL CELL STOCKS !
Collectively, Fuel Cell Stock Prices have never been Lower.
Not a healthy metric for the Sector.
Hydrogen-powered trains to be introduced in northern Italy
https://www.reuters.com/sustainability/hydrogen-powered-trains-be-introduced-northern-italy-2025-03-26/
The pioneering project, the first of its kind in Italy and supported by an investment of 367 million euros ($396 million), marks a significant adoption of hydrogen fuel for a rail line, despite the high production and operational costs.
The region currently uses polluting diesel trains, which will be replaced by 14 zero-emission hydrogen-powered trains made in Italy by a unit of French group Alstom (ALSO.PA),
This fits with the European Union's strategy for energy transition, where green hydrogen, produced from water electrolysis using renewable energy, is set to replace a portion of fossil fuels currently used in transportation and power generation.
BB- PLUG doesn't make hydrogen vehicles .
Hydrogen Vehicles $PLUG https://www.plugpower.com/
History shows that the cost of clean energy decreased significantly over time along with discoverying the most profitable applications.
The same dynamics will be applied to hydrogen energy as with others.
Plug Power has been among the leaders in the hydrogen energy sector, but will it be able to hold a top spot going forward is the question. It looks like they may have bought time for 2025 to sort their future out. GLTA
BUSSES : Hydrogen Fuel Cell technology works very well in Busses, but these busses cannot compete economically.
Municipal Transit Authorities might not care about the economics and ROI's (Your tax dollars at work) , but the private/commercial sector does.
The recent hydrogen bus trial failures did not need to undertake a full use/life of the vehicle studies to determiine they needed to pull the plug. The comparative numbers were that bad.
Followers
|
748
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
59942
|
Created
|
03/01/05
|
Type
|
Free
|
Moderators uksausage WeTheMarket Jack_Bolander JOHNNY-VEGAS |
Page is currently being updated - watch for more information about their recent acquisitions and competitors
Welcome to Plug Power
http://www.plugpower.com/Home.aspx
Plug Power is the leading provider of clean hydrogen and zero-emission fuel cell solutions that are both cost-effective and reliable.
In 2020/21 Plug Power cemented two major partnerships
https://www.plugpower.com/plug-power-and-sk-group-partnership/
https://www.ir.plugpower.com/Press-Releases/Press-Release-Details/2021/Groupe-Renault--Plug-Power-Join-Forces-to-Become-Leader-in-Hydrogen-LCV/default.aspx
The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, Plug Power replaces lead-acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.
Extending its reach into the on-road electric vehicle market, Plug Power’s ProGen platform of modular fuel cell engines empowers OEMs and system integrators to rapidly adopt hydrogen fuel cell technology. ProGen engines are proven today, with thousands in service, supporting some of the most rugged operations in the world. Plug Power is the partner that customers trust to take their businesses into the future.
Volume: | 26,792,382 |
Day Range: | 1.28 - 1.35 |
Last Trade Time: | 3:22:51 PM EDT |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |