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Plug Power

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vista's key points

  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions.
  • Recently, Plug and the SK Group announced that the companies intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. SK Group will make a $1.5 billion (9.9% stake) strategic investment in Plug Power.
  • Momentum -PLUG has been on torrid pace since June 2020 of ~$5 to ~$47.
  • Biden administration making a big push into clean energy.
  • Recent stimulus bill includes provisions to extend clean energy tax credits.
  • IN January 2021, PLUG announced that are jointly developing hydrogen-powered light commercial vehicles (LCV) with French carmaker Renault

company profile


vista's view

Plug has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and...

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