Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel
The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden
US DOE Backs Plug Power’s Hydrogen Buildout with $1.66 Billion Loan Guarantee
U.S. hydrogen solutions company Plug Power has closed a $1.66 billion loan guarantee from the U.S. Department of Energys (DOE) Loan Programs Office (LPO) to support its hydrogen buildout. As disclosed,
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 Lands $1.66B DOE Loan--But Wall Street Isn't Buying It, Shares Down Nearly 8%
Despite securing a massive government-backed loan, Plug Power's stock tanked. Is this a lifeline or just delaying the inevitable?
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
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?
Plug Power's two largest customers are Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT). It locked in those two retail giants by ...
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 ...
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 ...
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 ...
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 ...
US Finalizing Billions for Rivian, Plug Power Before Trump Retakes Office
The Biden administration is poised to finalize billions of dollars in financing for electric-vehicle maker Rivian Automotive ...