Key PointsPlug Power has a new initiative to transition from a growth-at-all-costs model to a more efficient approach.It hopes to achieve annual savings of $150 million to $200 million and improve profitability.The company has secured substantial deals, including a liquid hydrogen supply contract with NASA.For more than 25 years, Plug Power(NASDAQ: PLUG) has been carving out a place in the hydrogen...
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The Georgia Public Service Commission on Friday approved a controversial plan that will allow the state’s biggest utility to commence one of the largest new fossil-fuel buildouts in the country — a move that critics fear will raise utility bills for most Georgia residents over the coming years. The last-minute settlement was...
Plug Power has brought commercial green hydrogen to Africa. The US-based hydrogen company announced that it has completed installation of a 5-megawatt GenEco electrolyzer for Cleanergy Solutions Namibia at the Port of Walvis Bay, marking the launch of Africa’s first fully integrated commercial green hydrogen facility. The project, which officially opened in September, positions Namibia at the...
On December 16, the first phase of China Energy Engineering Group's Songyuan Green Hydrogen, Ammonia, and Methanol Integrated Project ("Qing Hydrogen One") officially commenced operation in Songyuan, Jilin, with the second phase simultaneously launched. The project has set four world records: largest scale, largest hydrogen storage capacity, widest load-flexible process, and largest alkaline...
Nucera expects sales drop in green hydrogen unit in 2025/26 Renewables Now Source link...
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