Plug Power Inc (PLUG) オプション

https://finance.yahoo.com/news/southwire-taps-plug-power-inc-120000344.html

Hyundai and Plug Power

https://www.hydrogenfuelnews.com/hyundai-and-plug-power-hydrogen/8570028/

$PLUG Power Energy has Total Cash (mrq) $205.69M

https://cleantechnica.com/2025/03/12/debunking-the-myth-hydrogen-fuel-cells-arent-more-efficient-than-alternatives/amp/

Jditi - I have no argument that Hydrogen is the better option.

BUT, Hydrogen is a Non-Starter for many reasons. Hydrogen is too expensive. Hydrogen infrastructure is non-existant, and very expensive to implement.
We are talking decades and trillion$ before we could have a pragmatic "grid".

This is a moment of restructuring, so clearly headline numbers were bad. But most of the "bad" was overwhelmingly non-cash write-downs. cash burn improved markedly and it was refreshing to hear they are shooting to be cash-flow positive by early 2026.

This is a turnaround story - one of the best I've seen in years. Short at your own risk.

How narrow-minded. BEVs clearly better for short transport pas cars today (would be much less if we invested as much in fcel research as in battery research the past 20 yrs), but FCELs better for heavy duty long haul (large trucks, ships & trains), energy storage, data centers (near populous areas) and low-carbon steel / cement / ammonia manufacturing.

DEBUNKING MORE Hydrogen Myths :

https://cleantechnica.com/2025/03/11/debunking-the-myth-electrolyzing-hydrogen-for-energy-is-wasteful-higher-emissions/amp/

DEBUNKING Hydrogen Myths :


https://cleantechnica.com/2025/03/06/companion-to-cranky-stepdad-vs-hydrogen-for-energy/amp/

mik - Really ? These were actual Plug numbers, NOT FAKE numbers .

Plug's numbers are real and BAD. Not Fake.

Great PLUG Analysis !

Let the hydrogen M&A boom begin!

"In addition, SAMSUNG E&A will acquire a 10% stake in newly issued Nel shares through a direct placement, resulting in a post-transaction ownership of 9.1% - making them Nel’s largest single shareholder."

Mbappe 30m
https://stocktwits.com/Mbappe/message/607663667

REALLY BAD NEWS !

I have mentioned that Key Metrics are important, but that PLUG doesn't always discuss the important metrics.

Here is the best analysis I have seen:

https://finance.yahoo.com/news/compared-estimates-plug-power-plug-143007778.html

B_B - Politics and no mention of PLUG as it continues to FALL.

And you said you would never post again.

NOT a man of your word.

Why don't you Lead by example ?

Sure long as others do the same

CAN WE CUT THE POLITICAL CHATTER ?

Save it for the Yahoo Board.

Or Run for Prresident and fix it yourself.

I'd vote for you.

MORE BAD NEWS !

https://cleantechnica.com/2025/03/10/debunking-the-myth-hydrogen-is-not-a-practical-or-cost-effective-fuel/

For some stocks, the merit of the company doesn't matter, these stocks behave like commodities, and only supply and demand are important.

Clean-Energy Stocks Are Jumping as S&P 500 Plunges
By Avi Salzman March 10, 2025

Clean-energy stocks were some of the few winners as the broader market saw one of its worst selloffs in months.
...
Two factors appear to be behind the shift for an industry that has lagged behind the market for the past two years. There appear to be two causes: political support for some kinds of clean energy, and falling interest rates that make it easier to fund projects.

One investor who buys renewable energy names told Barron’s that the rally was sparked by a letter sent by 21 Republican members of Congress to House Ways and Means Committee Chair Jason Smith, urging him not to make broad-based cuts to subsidies for renewable energy. It asked that “any proposed changes to the tax code be conducted in a targeted and pragmatic fashion.”

The investor, Shawn Kravetz, who is president and chief investment officer of Esplanade Capital, said that the letter is an important sign that Republicans are likely to back certain parts of the Inflation Reduction Act, which offered $370 billion in tax credits to various energy sources, from renewables to nuclear.
...
https://www.barrons.com/articles/clean-energy-stocks-roses-s-p-500-falls-c32c513b

Really? So, that is a reason to buy a stock that sank from $75 to under $2 under your guy? How stupid. Yes, I thought, wrongly that Plug would do well under the 'Green President'. Funny, it did better under the guy that said drill baby drill. Best to buy on merit of the company and if they can make money. Maybe, had we done that we would not be down so much. Buying or selling a stock for spite is childish and stupid in my opinion for what that is worth.

Plug should focus on Material Handling and Hydrogen Energy Storage Systems (HESS).

Renewable stocks are the perfect PROTEST investment against Trump's energy policy. An investment in Plug Power, the largest fuel cell company, is a double protest, both against the policy and against Musk's disbelief in 'fool cells'.

$PLUG : Acciona in the news
https://northafricapost.com/85035-morocco-selects-6-green-hydrogen-projects-worth-32-bln.html

Makes sense if the company servicing the buses goes out of business it is hard to keep them going. I suspect the same could very well happen with Nikola trucks.

YIKES!...that picture is worth a thousand words...lol

https://cleantechnica.com/2025/03/07/hydrogen-buses-keep-failing-de-lijn-is-just-the-latest-to-cut-losses/amp/

More Bad News !


https://www.hydrogeninsight.com/transport/-not-interesting-financially-state-owned-operator-ends-the-use-of-hydrogen-buses-report/2-1-1789314?zephr_sso_ott=FNRWjk

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York. $PLUG

From now on, Plug's stock may not rise every day, but it will rise every month.

Almost $1 billion in non-cash impairment charges, representing more than 60% of Plug Power’s market cap, signal a significant overvaluation of assets and an acknowledgment that Plug Power’s growth was far ahead of market realities. The market slowdown was largely caused by Air Products and Linde, whose intentional disruption of hydrogen supply in Q3 2023 severely impacted the growth of the hydrogen economy both in the US and globally.

This time, it's different: workforce cuts, a focus on the core business (material handling) and no wasteful spending in the near future.

Not sure you can be so positive they even survive. They took measures to reduce cost and still lost more money. Now they are doing it again. Will it be different this time. Until they prove that their words equal results it means nothing. Andy and his gang of misfits have failed quarter after quarter. Saying and doing are two different things. Been here for over 12 years and down huge and cannot write off the loss. I should have sold when Andy did. I want to know how many actually took the stock for pay deal and what percentage. You think they will tell us or was this just another false flag.

Plug Power will find itself alone in the hydrogen world once again.
Hydrogen companies that launched projects in recent years are facing financial challenges and technical issues. Those just starting pilot/testing projects will soon realize just how difficult hydrogen can be.
Plug Power, the largest hydrogen company in the world, will become both the first choice and the last resort for hydrogen projects.

Yep, maybe one in ten of these deals are ever done.

Fortescue and Plug Power reportedly pull green partnership in latest hydrogen setback
Wednesday, 5 March 2025

Fortescue and Plug Power reportedly pull green partnership in latest hydrogen setback. Andrew Forrest's Fortescue has reportedly axed a deal with US hydrogen business Plug Power in another blow for grand ambitions to develop the new green energy source.
…
https://thewest.com.au/business/energy/fortescue-and-plug-power-reportedly-pull-green-partnership-in-latest-hydrogen-setback--c-17938939

Plug Power has had some 'bad' partners who worked with the company to gain experience in hydrogen equipment, only to later abandon Plug in favor of larger players, similar to what happened with Renault. Renault will likely build a fuel cell van in collaboration with Volvo (Geely).

"a van planned for 2026 from Flexis (a joint venture between Renault, the Volvo Group and CMA-CGM) could be equipped with a fuel cell."
By Carla Westerheide 27.02.2025
https://www.electrive.com/2025/02/27/renaults-h2-subsidiary-hyvia-is-being-liquidated/

I never believe deals anymore until they are paid since Andy has decided to never update deals or shareholders. I wish Andy would have done what they are doing now when he got Billions and then they would not have squandered our opportunity and could be making money now. We wasted so much money chasing rainbows and not doing what we do well and making it even better and profitable. Not sure they can pull off ever making money as I don't know if Andy cares about profits. He got his.

B_B - Didn't you promise us all that you weren't going to post here any longer ?

And I thought you were a man of your word.

I think the two very large projects heading to FID in the near term are H2 Energy/Morgen, Denmark (by the end of the quarter) and New Fortress Energy in Beaumont, Texas.

“we are looking at two very large projects here in the near term. One is in Europe and one is in North America. And the project in Europe actually is going to final investment decision here by the end of the quarter.
And look, it's a fully funded project, right, backed by a very large financial institution. So financing and the opportunity set of this project should not be a challenge. And next project in North America is actually related to big methanol opportunity. Again, there was already an offtake for that methanol opportunity”
Plug Power (PLUG) Q4 2024 Earnings Call Transcript
By Motley Fool Transcribing – Mar 4, 2025
https://www.fool.com/earnings/call-transcripts/2025/03/04/plug-power-plug-q4-2024-earnings-call-transcript/


Denmark’s 1GW green hydrogen production facility receives important environmental approval from authorities
Jan 12, 2024
…
H2 Energy Europe announces that it has received environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. This achievement marks a significant milestone for the project, bringing it closer to a Final Investment Decision (FID).
…
https://morgenenergy.com/denmarks-1gw-green-hydrogen-production-facility-receives-important-environmental-approval-from-authorities/

Plug lands 1 GW electrolyzer order with H2 Energy Europe
May 17, 2022
https://morgenenergy.com/plug-lands-1-gw-electrolyzer-order-with-h2-energy-europe/


15 Sept 2023
OCI Global enters into green hydrogen supply agreement with New Fortress Energy's ZeroParks for green ammonia production in Texas OCI Global (Euronext: OCI), a world-leading producer of ammonia and methanol has today announced an agreement to offtake green hydrogen from New Fortress Energy Inc.’s (NFE) (NASDAQ: NFE) ZeroParks beginning in 2025
https://oci-global.com/wp-content/uploads/2023/09/OCI-Global-enters-into-green-hydrogen-supply-agreement-with-New-Fortress-Energys-ZeroParks-for-green-ammonia-production-in-Texa.pdf

13 September 2023
OCI Global to double its green methanol capacity in the US
OCI will scale capacity by 200,000 tons at its facility in Beaumont, Texas
https://oci-global.com/news-stories/press-releases/oci-global-to-double-its-green-methanol-capacity-in-the-us/

Plug Selected by New Fortress Energy for 120 MW Green Hydrogen Plant on Gulf Coast
August 04, 2022
https://www.ir.plugpower.com/press-releases/news-details/2022/Plug-Selected-by-New-Fortress-Energy-for-120-MW-Green-Hydrogen-Plant-on-Gulf-Coast/default.aspx

Recognition and support for the hydrogen sector are happening in other parts of the world, but not in the US under this administration.
I think that when oil prices stay below $50 before June this year, oil companies will be very unhappy with the administration. For decades, commodity/oil traders have been responsible for regime changes around the world.


China instructs provinces to 'steadily develop' green hydrogen production and sustainable fuel industries
National Energy Administration also calls upon regions to carry out pilot hydrogen transmission pipeline projects and promote the ‘pilot application’ of fuel-cell vehicles
Leigh Collins 3 March 2025

The Chinese government’s National Energy Administration has issued a document instructing its provinces and regions to “steadily develop renewable hydrogen production and sustainable fuel industries”.
The paper, entitled Guiding Opinions on Energy Work in 2025, also calls on the local administrations to build pilot hydrogen transmission pipeline projects, and “promote the pilot application of fuel-cell vehicles”.
The document has been written to “thoroughly implement” the decisions of the State Council (ie, the cabinet led by President Xi Jinping) and the Central Committee of the Chinese Communist Party, it explains, with a view to helping the Chinese economy recover and “meet the people’s growing energy demand for a better life”.
…
https://www.hydrogeninsight.com/policy/china-instructs-provinces-to-steadily-develop-green-hydrogen-production-and-sustainable-fuel-industries/2-1-1787069

I'm not specifically talking DOE, or 45V. Which by the way many folks expected these two events to be "game changers" for this sector, we see how that's worked out so far. I'm talking some recognition and acknowledgment for this sector. Also, it does not help if companies like Plug are lumped in with other clean energy companies and publicly being called Biden's Green Energy Scams by the U.S Govt. That term does not signal support for this sector and destroys share price in the market

Forget about the DOE loan.
Plug’s three hydrogen production plants are sufficient to counter Air Products' hydrogen price manipulation. With hydrogen production, mostly gray, set to increase dramatically in the coming years, Air Products' monopoly position will diminish. Let others build the hydrogen plants.
In the near term, Plug should focus on Material Handling and Hydrogen Energy Storage System (HESS).


Congress Puts DOE & EPA Grants/Loans Under the Microscope
by: Kristina M. Moore, Stephen J. Snyder Monday, March 3, 2025
...
Companies that have received DOE and EPA loans or grants in recent years, especially at the conclusion of the Biden Administration, should anticipate increased risk of Congressional or OIG inquiry.
...
https://natlawreview.com/article/congress-puts-doe-epa-grantsloans-under-microscope

I still believe this entire sector needs to be brought back to life, and I believe the quickest way is with politics, and politicians. Government backing sky rocketed this to $75.00 back in 2020 (which would now equal $37.00 after all the dilution).

Sign me up!

A new era: no more over-promises from Plug Power.
- $2.50 by the end of March
- $5 by the end of May (Q1’25, margin improvement and revenue beat >140M)
- $10 by the end of August (Q2’25, margin improvement and revenue beat)
-$15 by the end of November (Q3 and Symposium)

2026: The world will finally be ready for ‘Everything Everywhere All at Once’.

Plug Power has finally let go of its ambition to do 'Everything Everywhere All at Once' and is refocusing on material handling. Instead of aiming to be the KING of hydrogen, Plug Power will now focus on remaining the largest hydrogen material handling company in the world, securing a near-monopoly position.
Plug’s 'return to basics' reduces the need for government handouts.
The growth of global hydrogen production will drive the demand for hydrogen material handling.