PLUG Stock: Plug Power Strikes More Deals in Europe
PLUGPlug Power(PLUG) InvestorPlace·2024-04-26 00:18

Plug Power (NASDAQ:PLUG) stock is on the move Thursday after the hydrogen and fuel cell company announced new deals in Europe and the U.S. According to a press release from Plug Power, the company has signed agreements that cover up to 350 megawatts of electrolyzers. The company notes that with these new deals its total Basic Engineering and Design Packages (BEDP) contracts come to 4.5 gigawatts. Plug Power’s BEDP contracts have experienced major growth since being introduced two years ago. This comes as th ...