Previous close | 0.0200 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 1.00 |
Expiry date | 2024-05-17 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 30 |
LATHAM, N.Y., May 15, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen solutions for the green hydrogen economy, has announced its latest innovation: the integration of a Class 6, medium-duty fuel cell electric truck. The integration involves a commercial Class 6 chassis cab with an industry proven electric propulsion system powered by Plug’s cutting-edge ProGen fuel cell technology and seamlessly integrated with an industry proven electric propulsion system.
A crosscurrent of influences washed over the stock market Tuesday, causing some unusually volatile action. Meme-stock trading, typically crowd-sourced trades driven by social media attention, returned to the market with some gusto on Monday.
The U.S. Department of Energy said on Tuesday it has offered a conditional loan guarantee of up to $1.66 billion to Plug Power to help it build up to six plants to produce clean hydrogen. The hydrogen fuel from the plants would power fuel cell-electric vehicles used in material handling, transportation, and heavy industry, the department's office of loan programs said. Clean or green hydrogen is expected to result in an 84% reduction in greenhouse gas emissions compared with conventional hydrogen production, which derives hydrogen from natural gas, releasing large amounts of the main greenhouse gas carbon dioxide, unless captured and stored underground.