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WeTheMarket

08/08/23 12:48 PM

#52006 RE: Jack_Bolander #52005

JB, I believe the green hydrogen production capacity at the Georgia plant is being impacted by the delay/uncertainty with respect to the guidelines relating to the IRA $3/kg green hydrogen production tax credit. Plug Power has recently disclosed that the proposed guidelines would cut the green hydrogen production capacity at the Georgia plant by 50%, in order for Plug Power to meet the guidelines and still make economic sense for them to produce the green hydrogen.
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jammy32

08/09/23 10:43 AM

#52022 RE: Jack_Bolander #52005

I agree. I think Andy is doing what’s best for PLUG shareholders. Glad that you’re aligned as well