Plug Power's $1.66B Loan: A Clean Energy Jolt
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Plug Power stock skyrockets after a $1.66 billion DOE loan guarantee fuels plans for six new hydrogen plants, signaling major government backing for clean energy. This surge, boosted by favorable market conditions and strategic partnerships with Uline and GH2 Global, highlights Plug Power's expanding role in green hydrogen. Despite the volatility and a stock price still below earlier highs, the company's electrolyzer business is booming, revenue is up, and investor optimism is growing. Hosted on Acast. See acast.com/privacy for more information.