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0.00255905511811015 -0.00334645669291342 0.0102362204724409 0.0129921259842519 0.0220472440944881 0.0147637795275591 0.0102362204724409 0.013779527559055
Stock impact report

Plug Power and Universal Hydrogen Expand Partnership to Include Investment and Global Green Hydrogen Supply for Aviation

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: GlobeNewswire
LATHAM, N.Y. and LOS ANGELES, March 02, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, today announced an expansion of the relationship with Universal Hydrogen Co., a pioneer in hydrogen aviation. The companies previously announced a partnership to develop a fuel cell-based hydrogen powertrain for regional aircraft. The recent minority investment by Plug Power will enable Universal Hydrogen to complete the construction of a subscale aircraft powertrain by Q2 2021. In addition to this strategic investment, the companies further agreed to a global offtake relationship that will see green hydrogen become cost-competitive with jet fuel by 2025. Plug Power is an innovator and a leader in the green hydrogen economy, with over 40,000 fuel cell systems, 150 fueling stations deployed globally, and dispensing more than 40 tons of hydrogen daily. The company also has a comprehensive solution Show less Read more
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