Plug Power Inc (PLUG) オプション

It is now 14 times more expensive to drive a Toyota hydrogen than an EV

https://www.yahoo.com/news/second-federal-judge-orders-temporary-213408134.html

Short Interest is Spiking Again !

Bearish Sentiment is also spiking since the inauguration !

Short Interest and Bearish Sentiment are strong indicators for the future direction of the share price.

These Bearish indicators may be a factor in Every Analyst lowering their estimates on PLUG's share Price.

PLUG Share Price Estimates CUT by EVERY Wall Street Firm !

https://www.marketbeat.com/instant-alerts/seaport-res-ptn-predicts-plug-power-fy2024-earnings-2025-01-30/

Plug should sell out before its to late...
.10 cents here we come

https://www.ecoticias.com/en/hydrogen-city-saudi-arabia-green-energy/10933/

WTM - A POST FROM ANOTHER BOARD :

Daniel
1 hour ago

Jack,

You are the first poster on this board that seems to recognize this fallacy of the Hydrogen myth.

It may have some niche uses (forklifts), and has some advantages for longer term storage and longer distance transportation, but it is starting at a HUGE disadvantage on efficiency. Having to take electricity through two completely separate chemical reactions (4 if you go through making ammonia to transport as room temperature liquid) just to get back to electricity is inherently inefficient.

Storing electricity as electricity using batteries or pump storage, makes more sense.

I've seen slightly different numbers, but not different enough to change the end calculation. Grid Power Hydrogen usage is a LONG ways off. Batteries, flywheel and better grid distribution will win in the short term.

Not until there is sooo much renewable power on the grid that the utilities are literally shutting down all the NatGas, Coal, Hydro generation, and still can't take any more will it make economical sense.

Trump just pushed that timeline out 4 years, and it was a long ways out already. H2 needs free electricity that no one else wants to use to make sense. I'll believe that when I see it.

MORE BAD NEWS :

PLUG's technology partner, Johnson Matthey, a major leader the the Hydrogen Sector, is pulling back on Hydrogen !

https://cen.acs.org/business/specialty-chemicals/Johnson-Matthey-pulls-back-hydrogen/103/web/2025/01

A Clear SELL Signal !

Here is an Interesting Read.

MORE BAD NEWS :

WTM - Here is a Letter from a Hydrogen Industry Thought Leader :

Dear all,

I was in Paris for three days to attend an international workshop on de-risking hydrogen projects and HyVolution. Here's my summary:

The workshop was coordinated by Mikaa Blugeon-Mered, and there were some 45 high-level experts from all continents. And me. I was the VUP in the room. I usually don't attend policy and finance workshops, because that's just none of my business. I am a technology guy, and I let others figure out how to deal with currency risks, political risks in developing countries and certification schemes. But this workshop was extremely interesting, and I learned a lot.

We'll do a webinar about the outcome in the near future (to be announced). [If you don't know what a VUP is: a Very Unimportant Person. ]

It was my first time at HyVolution. The mood was rather depressed. Of course, some of the usual suspects were still telling me that they are optimistic, but after a while they started talking about "restructuring" (which is code for "laying off people"), "management pressure" (which is code for "we don't sell enough"), "overcapacity" (which is code for "we have built a factory but don't know what to do with it because the market does not ramp up as expected") and so on.

Not good.
I am still wondering who can supply a 10 MW electrolyzer that I can simply plug in without issues. Some people don't even answer the phone (because 10 MW are too small), and some people only have small systems and I fear I would be their guinea pig again. There's not much in between. Interesting, isn't it?

The most interesting statement - that I can fully confirm - came from a guy that was in Australia recently. He said "When Australians wake up in the morning, they start talking about 5 GW projects or even more immediately. Nothing smaller. Then we went to see the largest electrolyzer in the southern hemisphere. It has 2.5 MW."

And that, my friends, is the truth: On PowerPoint, you can design hundreds of Gigawatts easily. But you have to deploy them as well. And from experience I can tell you that it's not easy. You need the right suppliers, you need trained and experienced people, and you need experience yourself. Real life experience, not experience from social media and studies. So you have to be willing to invest money - a lot of money - into that ramp-up. And if this does not happen, the suppliers will be gone, and the dream will remain a dream.

Long story short: the global, political and financial side is still bullish on hydrogen. Many people who have to get things done, sell sensors, valves and systems are in the "trough of disillusionment." Let's see where we are at the end of 2025.

In the meantime, we’ll continue our webinar series, and I hope you have registered for the next ones. If not: www.mission-hydrogen.com.

David

S2012 - Tah Dah.

https://www.marketwatch.com/story/white-house-revokes-memo-freezing-federal-aid-trump-will-try-to-block-spending-in-other-ways-34e5b4d8?g=a1ba8384-f8c1-4cfc-b8a1-f433b174093c&mod=djem_mwnbulletin

Any link to back this? 

DT rescinds federal f7nding freeze....so he is Human

If only he could convince Trump and Elon.

Here is Another Interesting Read :

https://www.hartenergy.com/exclusives/plug-power-ceo-sees-hydrogen-part-us-energy-dominance-211808?utm_source=new-energies&utm_medium=email&utm_content=read-more&mkt_tok=NDMzLU9ESy04ODkAAAGYUfrOfrDPAV-ajXffglhbF-nGOxmwb5oBQuNbYaQjyM9Kbs_cN6Sk3JYfXiY4FuahD9FTKczORxV6VqmC2T60lzF2Q_pY0vS5lxEydOBBwXkl3A

mik -igtm - BOTH DJT and Elon Musk have expressed disdain for Hydrogen.

The world is beginning to do the Math; the Achille's Heel for Hydrogen, and the Comparative Economics for Hydrogen DO NOT look good.

Hydrogen is 4 to 10 TIMES more expensive than the alternatives.

HERE IS ANOTHER INTERESTING READ :


https://carbuzz.com/why-hydrogen-will-fail-in-the-usa/

WTM - A key point : Hydrogen is 4 times more expensive than Electricity for Vehicles.

"One thing for sure if trump hence musk accept hydrogen it will happen"

sure...but Trump has already expressed disdain for hydrogen...so using the same thought process as above, you can rest assured, it wont happen...

Steve - Nikola, Hyzon, Charbone, Ballard ; the list of FAILING Fuel Cell Companies continues to grow.

I think PLUG is in the same SINKING SHIP, without handouts.

Yes, it looks like Nikola might not make it. One would think that a large truck manufacturer is waiting for bankruptcy to get them for a dime. I would love Andy or Sanjay to make the argument of why green hydrogen is the best solution for any of the numerous products and services we provide. I mean you can be a one source solution, but if the only one that is practical and make some economic sense is forklifts then why did we spend billions elsewhere? And with the forklifts we paid them to buy our products. (Amazon and Walmart at least)

One thing for sure if trump hence musk accept hydrogen it will happen ....not like sleepy joe....talk is cheap

"I think the decrease of cars is directly linked to problem with people getting fueled up. Once this has stabilized and more is available then adoption could slowly grow."

thats the problem alright...but whats the solution?...toyota has been selling their fcev in calif for years...there are a few places to fuel up in frisco or LA (when they are working) but really no where else...and i mean no where else in the whole country...hyundai is making a fcev as have other car manufacturers...but they seem to be waiting or thinking that fueling stations will just magically get built because they have fcev...

i suppose the thought was that the Fed Gov via IRA or BBB or whatever would subsidize the building of the vast amounts of fueling stations that would be needed...or at least seed that growth...

but here comes Trump...and he doesnt seem to give a crap about hydrogen or fcev's...unless Trump does a turnabout, they are looking at 4 years of nothing happening for them or hydrogen in general...

i would have thought that fuel cell electric semi trucks would have fared better than fcev...but just look at the sad state of affairs that NKLA is in...

Here is an interesting read :

https://www.marketwatch.com/story/hindenburg-website-hack-adds-to-intrigue-around-short-selling-firms-closure-b60c9612?g=7810401d-5a86-4699-a7d4-d9859f4a2fc2&mod=djem_mwnbulletin

Steve - Beyond FCEV's ... I don't think PLUG is fixable with Andy and the current Management Team.

PLUG has lost all of their credibility, you can even hear the giggles from the analysts on the conference calls when Paul and Andy make their projections.

I think it is already too late for PLUG to recover, even with new blood. We are watching Hydrogen plays folding all over the world, and I think PLUG is on that list as well.

Steve - Correct. A Classic Chicken and Egg Dilemma.

Hydrogen Stations aren't getting built because there are not enough vehicles to make stations profitable.

FCEV Cars aren't selling because there are not enough stations and the fuel is costly .

BEV's have avoided this because electricity is everywhere, and it is very cheap ... cheaper than gasoline.

Since Hydrogen is made from either fossil fuels or electricity, hydrogen can never cost less than either feedstock source.

BEV's have several advantages over gasoline , diesel and hydrogen.

Hydrogen has NO Advantages over gasoline, diesel or electricity.

It will take decades for Hydrogen to overcome the Chicken/Egg Dilemma.

Jack, we get it. At this point in time there are not enough fueling stations, and the cost is not competitive. The thing is some people that are concerned for the environment are willing to pay the extra cost just like those that were early adopters of EV cars. I think the decrease of cars is directly linked to problem with people getting fueled up. Once this has stabilized and more is available then adoption could slowly grow. For it to be widespread the cost of both the cars and H2 will have to come way down.

mik : Here's a FUN FACT :

Hydrogen vehicle sales have fallen by 70% !

My Opinion : Hydrogen is NOT COST COMPETITIVE !

JB ...again YOUR OPINION

mik : CORRECTION :

This article posts empirical, real world costs , not opinions.

NOT REALLY ITS ALL OPINIONS OR BIASED REASONING.....THANKS UK FOR YOUR UNBIASED INFO!!

HERE IS AN INTERESTING READ :

https://supercarblondie.com/expert-reveals-cost-of-refilling-hydrogen-powered-car/

who is this seaport company? never heard of them, I don''t believe they have asked questions at earnings calls either…

I expect to see the JBFanClub "downgrades to sell" type report soon… LOL

Loving how they are living month to month - where is Louisiana (more ITC to be earned there), where is Ford update, final electrolyser shipments for 2024 etc.

Shame there is to be no Business update this year….

Hey, if we are down to that much, we are doing much better than last year

DOWNGRADE : Here is an Interesting Read :

https://seekingalpha.com/news/4399008-plug-power-sinks-as-seaport-cuts-to-sell-on-hydrogen-policy-risks-limited-capacity-growth?mailingid=38356944&messageid=2900&serial=38356944.6013&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=38356944.6013

d-1 - A NOTHING BURGER !

PLUG burns through $30 million in less than a month.

Plug Power Boosts Liquidity with $30 Million Federal Investment Tax Credit Transfer
SLINGERLANDS, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, boosted its liquidity by approximately $30 million through the transfer of the Federal Investment Tax Credit (ITC) on January 24, 2025, to a major investor with a strong track record of purchasing comparable credits. The $30 million ITC transfer represents Plug's first use of the transferability rules under the Inflation Reduction Act (IRA) of 2022 and is among one of the first transfer deals for hydrogen storage and liquefaction assets.

Under the IRA, facilities like Plug’s plant in Woodbine, Georgia that produce, liquify, and store green hydrogen can claim the Section 45V Production Tax Credit (PTC) for green hydrogen produced as well as the ITC on the hydrogen storage and liquefaction assets at the facility. Plug secured the ITC through its investment in liquefaction and storage technologies at its green hydrogen plant in Woodbine, Georgia, which began production in early 2024. This development builds on Plug’s announcement in June 2024 of utilizing the PTC at its Woodbine, Georgia facility — allowing the company to benefit from both the PTC and ITC.

The IRA introduced new tax credits for hydrogen storage and liquefaction assets, as well as provisions for transferring certain previously non-transferable tax credits. These changes enable businesses to better monetize their tax credits and simplify financing processes.

“Plug is leveraging tax credit transferability to offset a portion of our investment in our hydrogen plants, which will provide liquidity and reduce future fuel costs,” explained Plug CFO Paul Middleton. “This transaction represents a key non-dilutive balance sheet leverage opportunity and sets the stage for future ITC monetization opportunities as we continue build out our green hydrogen ecosystem.”

"We’re excited to have launched the largest liquid green hydrogen facility in the U.S. and to start leveraging these benefits put in place to advance the industry,” said Plug CEO Andy Marsh. “Tax credits like these propel us towards green hydrogen expansion, energy independence, and significant job growth — shared goals with Plug, the industry, and the U.S. government. We look forward to continuing our collaboration with policymakers to drive innovation and progress in the energy transition."

This transaction highlights Plug's strategic use of the new tax credit transferability provisions under the IRA and highlights the IRA’s role in fostering clean energy investments.

About Plug

Plug is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially viable market for hydrogen fuel cell technology, the Company has deployed more than 69,000 fuel cell systems and over 250 fueling stations, more than anyone else in the world, and is the largest buyer of liquid hydrogen.

With plans to operate a green hydrogen highway across North America and Europe, Plug built a state-of-the-art Gigafactory to produce electrolyzers and fuel cells and is developing multiple green hydrogen production plants for commercial operation. Plug delivers its green hydrogen solutions directly to its customers and through joint venture partners into multiple environments, including material handling, e-mobility, power generation, and industrial applications.

Seaport Research downgraded Plug Power to SELL from Neutral with a $1 price target.

about what i expected...i think its time for your nap little boy...

instead of publicly whining, how about countering some of his opinions with well thought out replies...

MORE BAD NEWS :

The grind to zero has begun.....

PLUG is a lottery ticket and some posters perpetuated the narrative you were guaranteed to win.....
The DOE loan, short cover rally, 45v and a $5bill balance sheet....
Some told you they had 30yrs plus experience....others told you they owned over 100 thousand shares and were still buying (MD).... others chose to encourage muting those who had a different opinion (JMI-Gregg).....

Andy will walk away with generational wealth.....believers hoping for generational wealth will have to find a new lottery ticket.

FACE IT : PLUG is a $2.00 Stock !

PLUG may have traded as high as $75, but PLUG has NEVER been worth $75. This is why PLUG has been in FREE-FALL ever since, and back to where PLUG has languished prior to the baseless HYPE Rally.

Until there is a MAJOR POSITIVE CATALYST (and NO, a loan is not enough) , PLUG will trade on headlines and be range bound ($0.50 - $4.00).

No $10.00 ; No $20.00 until PLUG can prove that it can actually make money.

MORE BAD NEWS :

PLUG just had their best news in years with THREE POSITIVE CATALYSTS.

So why is PLUG still worth $2.00 ?

Until PLUG can demonstrate that they can actually make money on their own, PLUG isn't worth much more than $2.00.

AND MORE BAD NEWS IS COMING :
- Earnings MISS AGAIN
- Secondary or Toxic Financing AGAIN

Either of these could push PLUG BELOW $1.00 !

BB - This sounds really expensive.

Has PLUG done many data centers or server farms with Hydrogen as the primary power ?

$PLUG Plug Power is working with AI to power data centers and computational infrastructures.

Like the previous video stated EV trucks are better for short distance and lighter loads. They also reduce emissions which is part of their goal. I am not sure that H2 will be part of their fleet for longer distance or heavier loads. What do you think? I know Nikola is on the verge of bankruptcy I hear. I wonder if a big trucking firm will scoop them up. I wonder if we eve delivered equipment to them or took delivery of the H2 trucks in the deal we made with them? Like most things we never get updated.

Amazon Says BEV's :

https://www.autoweek.com/news/a63445672/amazon-mercedes-benz-eactros-600-electric-semi/?source=nl&utm_source=nl_aut&utm_medium=email&date=011725&utm_campaign=nlm38241524&oo=&GID=8d9851e5841c4a32190c7121fcd246cc3028096c3eacd969882f09405d48ab5a&user_email=8d9851e5841c4a32190c7121fcd246cc3028096c3eacd969882f09405d48ab5a&utm_term=AUT_Autoweek_StateOfCharge_DailyDrive_Newsletter_Sending

EXCLUSIVE | 'Trump has reason to pursue clean hydrogen beyond fighting climate change': Plug Power CEO https://www.hydrogeninsight.com/policy/exclusive-trump-has-reason-to-pursue-clean-hydrogen-beyond-fighting-climate-change-plug-power-ceo/2-1-1762380 Green Hydrogen and President Donald Trump $PLUG

https://www.barrons.com/articles/plug-power-government-loan-clean-hydrogen-1f1279b8 $PLUG

Banger - It couldn't happen to a nicer group of guys ...


Losing $4+ BILLION in Shareholder value all while enriching themselves ought to be a Crime.

Hopefully this is a Class-Action Suite.

Read elsewhere that there is a new law suit against the officers.
Not sure if it will have traction legally but cannot help the stock price.

THREE BIG POSITIVE CATALYSTS :

AGA
45 v
DOE DOUGH

And PLUG Crashes.

What happens when Plug announces the BAD NEWS ?

$1.00's ? LESS THAN $1.00's ?