Plug Power closes on $1.66 billion loan guarantee from DOE
Department of Energy financing will help Plug Power build six green hydrogen manufacturing plants, including one in Texas.
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: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?
Plug Power’s $1.66 billion DoE loan hinges on hydrogen PTC stability. I believe its completion could shift investor sentiment, leading to a short squeeze given the 27.3% short interest. Bipartisan support,
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 administration that will fund the construction of manufacturing plants in the United States.
Plug Power Wins Government Loan. CEO Is Confident About Trump Era.
The news comes just days before President Donald Trump takes office with plans to reduce support for clean energy companies.
Plug Power secures $1.6 billion loan deal with federal government
The status of the loan guarantee has been a frequent topic of discussion during Plug's earnings calls over the past year, with analysts peppering company executives with questions
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 ...
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Why Did Plug Power Inc (PLUG) Stock See 17.87% Surge in the Last 90 Days?
On Friday, Plug Power Inc (PLUG) stock saw a decline, ending the day at $2.44 which represents a decrease of $-0.30 or -10.95% from the prior close of $2.74. The stock opened at $2.72 and touched a ...
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DOE Announces $1.66 Billion Loan Guarantee to Plug Power to Produce and Liquify Clean Hydrogen Fuel
Today, the U.S. Department of Energys Loan Programs Office announced the closing of a $1.66 billion loan guarantee ($1.55 ...
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 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 ...
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 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 ...
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Plug Power Stock Heads For Worst Week In 4 Months, But Retail's Charged Up As DoE Closes $1.7B Loan
Shares of hydrogen fuel cell maker Plug Power Inc. slid over 7% on Friday morning, marking a three-week low and heading for ...