Tag

Electrolyzer

All articles tagged with #electrolyzer

business15 days ago•26 min saved

Plug Power Signals Margin Turnaround as Q1 2026 Revenue Climbs 22%

Plug Power reported Q1 2026 revenue of $163.5 million, up 22% year over year, and a 71% improvement in gross margin to negative 13% from negative 55%, driven by higher sales and cost discipline; GAAP EPS was -$0.18, with adjusted EPS -$0.08 after about $140 million of non-cash charges related to convertible debt and warrants. The company remains focused on achieving positive EBITDAS in Q4 2026 as it scales its integrated hydrogen platform, with progress across Material Handling (GenDrive/GenFuel), Electrolyzer Solutions (over 320 MW deployed and more than $8 billion in project pipeline with projects in Portugal, Spain and Canada), and Hydrogen Production (hydrogen fuel sales up 22% and margins up 54 percentage points). Liquidity stood at over $802 million in cash, plus restricted cash, and it expects further asset monetization (~$275 million) and tax-credit proceeds (~$39.2 million) to support its growth and margin expansion.

via ir.plugpower.com|

#business #earnings #electrolyzer

business5 months ago•4 min saved

Plug Power Launches Africa's First Fully Integrated Green Hydrogen Facility in Namibia

Plug Power has installed Africa's first fully integrated green hydrogen facility in Namibia, featuring a 5MW electrolyzer, solar power, and energy storage, supporting hydrogen mobility and industrial decarbonization, and positioning Namibia as a regional hydrogen hub.

via ir.plugpower.com|

#business #electrolyzer #green-hydrogen

business11 months ago•4 min saved

Plug Power and Allied Green Announce 2 GW Electrolyzer Partnership in Uzbekistan

Plug Power and Allied Green have expanded their partnership with a new 2 GW electrolyzer deal in Uzbekistan, supporting a $5.5 billion green chemical plant producing sustainable fuels, which builds on their existing 3 GW commitment in Australia, totaling a 5 GW global partnership aimed at decarbonization.

via ir.plugpower.com|

#allied-green #business #electrolyzer

energy2 years ago•5 min saved

"Plug Power's Liquid Green Hydrogen Production Sparks Stock Surge"

Plug Power has commenced operations at the largest liquid green hydrogen plant in the U.S., showcasing its vertically integrated hydrogen ecosystem and the largest PEM electrolyzer deployment in the country. Located in Woodbine, Georgia, the plant is designed to produce 15 tons per day of liquid electrolytic hydrogen, catering to customer demand for sustainable fuel in industries such as transportation, manufacturing, power generation, and aviation. This achievement marks a significant milestone for Plug Power and the hydrogen ecosystem, demonstrating its commitment to decarbonizing operations and supporting customer demand.

via GlobeNewswire|

#electrolyzer #energy #green-hydrogen

science-and-technology3 years ago•4 min saved

Innovative Solutions for Sustainable Carbon Management.

Researchers at Northwestern University have developed a novel catalyst that can convert captured carbon into acetic acid, a key industrial chemical used in the manufacture of paints, coatings, and adhesives. The process uses an electrolyzer to convert captured CO2 into carbon monoxide, which is then transformed into various molecules containing two or more carbon atoms. The new catalyst has a faradic efficiency of 91%, the highest for any multi-carbon product at a scalable current density, and is relatively stable, making it a promising alternative to traditional methods that rely on fossil fuels.

via Phys.org|

#acetic-acid #carbon-capture #catalyst