Plug Power closes on $1.66 billion loan guarantee from Department of Energy
Department of Energy financing will help Plug Power build six green hydrogen manufacturing plants, including one in Texas.
Plug Power Snags $1.7 Billion DOE Loan Guarantee For Hydrogen Plants
The funding comes as the Biden Administration winds down its clean energy push before Trump 2.0 and follows a new clean hydrogen credit that’s likely to aid Plug and its competitors.
Plug Power Gets $1.7 Billion Loan Guarantee from DOE to Produce Hydrogen Fuel
The U.S. Dept. of Energy has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades to energy infrastructure.
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the United States.
Plug Power announces closing of $1.66B Energy Department loan
Plug Power (PLUG) last night said it closed a $1.66B loan guarantee from the U.S. Department of Energy’s Loan Programs Office. “Finalizing this
DOE Announces $1.66 Billion Loan Guarantee to Plug Power to Produce and Liquify Clean Hydrogen Fuel
Today, the U.S. Department of Energys Loan Programs Office announced the closing of a $1.66 billion loan guarantee ($1.55 billion in principal and $107 million in capitalized interest) to Plug Power Inc.
US DOE grants $1.66bn to Plug Power to develop hydrogen facilities
The US Department of Energy (DOE) has announced a $1.66bn loan guarantee to Plug Power's subsidiary, Plug Power Energy Loan Borrower, to construct up to six clean hydrogen facilities. The initiative aligns with the Biden-Harris administration's strategy to bolster a clean energy economy and is part of the Investing in America agenda,
H.C. Wainwright bullish on Plug Power shares citing $1.66B DoE loan closure
H.C. Wainwright analyst Amit Dayal maintained a Buy rating and a price target of $5.00 on Plug Power (NASDAQ:PLUG) shares. The endorsement follows Plug Power's recent announcement on January 16, 2025,
Where Will Plug Power Stock Be in 1 Year?
Today, Plug's stock trades about 99% below its IPO price. It also slumped about 10% over the past 12 months as investors ...
Plug Power Inc. stock underperforms Tuesday when compared to competitors
Shares of Plug Power Inc. PLUG shed 9.84% to $2.20 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.64% to ...
Why Plug Power Stock Just Dropped an Unlucky 7%
After running up big earlier in the week on rumors the U.S. Department of Energy would approve a $1.7 billion loan to promote ...
Plug Power's 'Longer-Term Backstop' Is Here, But Execution Is Key: Analyst
Plug Power secures $1.66B DOE loan, easing investor concerns. Challenges remain for execution and profitability. Expansion ...
Why Plug Power (PLUG) Stock Is Rallying Today
Plug Power (PLUG) stock is climbing 8% in early trading. The company sells hydrogen and equipment used to make the fuel. PLUG ...
Why Plug Power Stock Plunged 52.7% in 2024
Plug stock has roared out of the gate to start 2025, rising about 25% in response to favorable news about the hydrogen tax ...
Plug Power's "Monumental" News: How Investors Can Profit in the Hydrogen Future
A massive deal that's still many years away is risky. We have two proven winners in hydrogen that investors should consider first.
Plug Power Positioned for Growth: Buy Rating Affirmed Amid Strong Demand and Strategic Expansion
H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Plug Power (PLUG – Research Report) today and set a price target of $5.00.Stay ...
Why Plug Power Inc. (PLUG) Crashed Last Week
We recently compiled a list of the These 10 Firms Were Last Week’s Worst Performers. In this article, we are going to take a ...