Plug Power soars on bullish options activity as it delivers first electrolyzer for green hydrogen project

Plug Power soars on bullish options activity as it delivers first electrolyzer for green hydrogen project

Hydrogen fuel cell company Plug Power is enjoying massive gains and a lot of love in the options market Wednesday after the company announced that it delivered the first electrolyzer to a refinery in Portugal.“This project, Plug’s largest worldwide, will produce up to 15,000 tons of renewable hydrogen per year, replacing 20% of the grey hydrogen currently used at the Sines Refinery,” per the...

Plug Power (PLUG) Shares Skyrocket, What You Need To Know

Plug Power (PLUG) Shares Skyrocket, What You Need To Know

What Happened?Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 22.1% in the afternoon session after the company announced a significant project milestone: the delivery of its first 10-megawatt (MW) electrolyzer module to Galp's Sines Refinery in Portugal. This delivery marks the initial step in what is set to become one of Europe's largest proton exchange membrane (PEM) hydrogen...

Morocco aims for leadership in global green hydrogen market at World Power-to-X Summit

Morocco aims for leadership in global green hydrogen market at World Power-to-X Summit

«The green hydrogen sector stands as one of the dynamic and promising challenges that Morocco is banking on to achieve a sustainable energy transition», emphasized Leila Benali, the Minister of Energy Transition and Sustainable Development, on Wednesday in Marrakech. During the inauguration of the 5th edition of the World Power-to-X Summit (Power-to-X 2025), Leila Benali outlined the...

India Pushing To Become A Global Leader In Green Hydrogen

India Pushing To Become A Global Leader In Green Hydrogen

NEW DELHI- India is emerging as a global leader in the hydrogen industry, with a strong focus on green hydrogen, according to a report. Data compiled by S&P Global indicated that India’s potential to become a low-cost hydrogen supplier depends on sustaining its early momentum against strong competitors and securing offtake agreements. India is positioned to lead the world in...

Kent to oversee design of Saudi Arabia’s Yanbu hydrogen project

Kent to oversee design of Saudi Arabia’s Yanbu hydrogen project

Kent to oversee design of Saudi Arabia’s Yanbu hydrogen project Kent’s role in Yanbu further expands its energy transition portfolio in the Middle East Kent, a global firm in integrated energy services, has been appointed by ACWA Power as Owner’s Engineer for the Yanbu Green Hydrogen Hub—one of the world’s largest planned green hydrogen and ammonia export...

Plug Power (PLUG) Stock Surges as First Unit Ships to Europe’s Largest Green Hydrogen Project

Plug Power (PLUG) Stock Surges as First Unit Ships to Europe’s Largest Green Hydrogen Project

TLDR Plug Power delivered the first 10MW electrolyzer unit to Galp’s Sines Refinery in Portugal, starting what will become a 100MW green hydrogen system The complete system of 10 units will be installed by early 2026 and produce 15,000 tons of renewable hydrogen per year This project will replace 20% of the grey hydrogen currently used at the refinery and cut greenhouse gas emissions by...

EU-backed hydrogen valleys assistance funding call oversubscribed despite ‘uncertain market situation’

EU-backed hydrogen valleys assistance funding call oversubscribed despite ‘uncertain market situation’

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...

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