Plug Power

Explore the future of green hydrogen in the latest episode of Energy Circles podcast with Arnes Biogradlija. Plug CEO Andy Marsh delves into the significance and latest advancements in green hydrogen technology. Discover how this energy is shaping our world by listening to the full episode here: https://lnkd.in/gTNaK37U?

Plug CEO Andy Marsh is demonstrating his unwavering belief in the company’s mission to build a global hydrogen economy by accepting 50% of his 2025 salary in company stock. This move aligns his personal success with the broader success of Plug, underscoring Andy’s commitment to our vision. We look forward to continuing to drive growth and delivering on key initiatives throughout the year. Learn more: https://lnkd.in/gBfTiJ8D

Plug has announced pricing of an upsized $280 million underwritten offering. “The net proceeds from this offering will strengthen our financial position and help drive profitability in 2025. We are taking disciplined actions to optimize operations, improve cash flow, and focus on strategic initiatives that support sustainable growth,” said Andy Marsh, Plug CEO.? Read more here: https://lnkd.in/gvCaTa-F

Plug will begin?construction on an $850 million green liquid hydrogen plant in Graham, Texas later this year. In an interview with Hydrogen Insight, Plug CEO Andy Marsh expressed confidence in overcoming potential financial hurdles and plans to leverage previous project insights for cost efficiency and accelerated development. Learn more: https://lnkd.in/d82DH7sY?

Plug CEO Andy Marsh recently discussed the company's strategic approach to funding green hydrogen expansion and the importance of stable policies in advancing the sector. Plug is currently building the largest electrolyzer plant in the Western world for liquid hydrogen in Texas. Once complete, Plug will become the second-largest provider of liquid hydrogen globally. Additionally, with our Louisiana plant coming online this quarter, Plug will soon rank as the world’s third-largest liquid hydrogen provider. Read more : https://lnkd.in/gwwDsKjD?

Join Plug at ProMat 2025 in Chicago, March 17-20 at booth #E11520! Don't miss our VP of North American Sales Chris Barnett’s session on "Powering Productivity: Hydrogen Fuel Cells Transforming Material Handling" on March 18 at 2:30 p.m. in the Sustainability & Transportation Theatre. Hope to see you there!

Plug plans to expand its green hydrogen initiatives to India with plans for multi-gigawatt electrolyzer projects before 2030. In a strategic move, Plug is exploring partnerships with local industry leaders to enhance market understanding and accelerate the adoption of eco-friendly energy solutions. Learn more: https://lnkd.in/emShDuSc

Plug is working in partnership with Southwire to implement a clean hydrogen ecosystem at the new Dallas-Fort Worth site. This collaboration not only marks Plug's entry into the industrial supplier market but also showcases the versatility of Plug’s green hydrogen solutions. By supplying more than 50 hydrogen-powered forklifts and a dedicated fueling station, Plug underlines its commitment to sustainable industry practices. The initiative is set to displace more than 1 million pounds of CO2 annually, aligning with the sustainability goals of both companies. Read the full release here: https://ow.ly/6Sxq50VhcfM

Plug will be featured at the 2025 J.P. Morgan Industrials Conference in New York. Plug’s President Sanjay Shrestha will present on Thursday, March 13, 2025 at 11:15 a.m.EST. Watch the webcast here: https://ow.ly/m4jO50VgX9Z

Plug stands to maintain strong momentum thanks to ongoing bipartisan support for the IRA’s clean hydrogen production tax credits. The security of these incentives, which are crucial for advancing energy solutions, was highlighted by a group of 21 U.S. House Republicans who affirmed their commitment to uphold the 2022 Inflation Reduction Act. This act enables transformative strategies in the energy sector, ensuring sustained investment and innovation in hydrogen technology. Read the full article here: https://lnkd.in/gKg_nyZs?