Plug Power will build a 100 MW green hydrogen plant in the port of Antwerp-Brugge, Belgium. The plant will use its own electrolysers and liquefaction technology. The plant will produce up to 12.5 tons per year of liquid and gaseous green hydrogen for the European market. Construction of the facility is scheduled to begin in late 2023, and the plant is schedu...

Plug Power's GAAP loss for 3 months of 2022 was $156.489 million, up 2.6 times from $60.746 million in the previous year. Revenue increased 95.7% to $140.804 million from $71.958 million a year earlier.

Plug Power and Olin Hydrocarbons plan to form a joint venture to produce and sell green hydrogen at an existing plant. Plug Power will sell hydrogen and provide logistical support, while Olin will provide production and operational support. The JV's first plant in St. Gabriel, Louisiana, will produce 15 tons of hydrogen per day. The joint venture will begin...

Plug Power will supply Walmart with up to 20 tons of liquid green hydrogen per day. The fuel is intended to power 9,500 forklifts performing loading and unloading operations at Walmart distribution centers. The contract is one of the first for Plug Power to supply green hydrogen.