PLUG faces declining hydrogen equipment sales, negative margins and high cash burn pressures. A $1.66B DOE loan backs PLUG's plan to build six green hydrogen plants across the US. New JV with OLN and ...
What To Know: The stock’s recent downturn was primarily triggered by the announcement of a warrant inducement agreement aimed at raising $370 million, which sparked fears of a devalued share price.
Recently, Plug Power Inc. filed a US$66.25 million shelf registration for 25,000,000 common shares tied to an ESOP-related offering, while also monetizing about US$69.2 million of federal investment ...