Plug Power Secures $1.66B DOE Loan for Green Hydrogen Expansion


Plug Power (PLUG) has provided an announcement.

Plug Power Inc. has announced securing a conditional commitment for a loan guarantee of up to $1.66 billion from the Department of Energy. This financial boost aims to support the construction of up to six new green hydrogen production facilities, marking a significant step in the company’s expansion and the broader push for sustainable energy solutions. This development could be a game-changer for investors eyeing growth in the green energy sector.

For detailed information about PLUG stock, go to TipRanks’ Stock Analysis page.



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