From a Cold Start to a US$180 Billion Market by 2035 - Green Hydrogen is Set to Displace, Outpace, and Outgrow Polluting Alternatives [Yahoo! Finance]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Yahoo! Finance
LONDON Nov. 14, 2024 /PRNewswire/ -- Green Hydrogen (H2) is the cleanest form of hydrogen production. It's produced by renewable energy with zero CO2 emissions. Though only 0.2% of hydrogen is produced today, green H2 will account for 27% of total hydrogen production by 2030 – and 55% by 2035. ABI Research , a global technology intelligence firm, forecasts that this explosive growth will drive the market for green H2 from US$10 billion today to US$180 billion by 2035, significantly displacing grey hydrogen as the primary driver of the market. "We're witnessing the start of a huge upheaval in what is already an established market," says Daniel Burge , Smart Energy Analyst at ABI Research. "Despite previously widespread doubt that green hydrogen would play a role in the energy transition, we're seeing committed investment – a global trend spearheaded by Asia-Pacific – in massive electrolysis productive capacity. Heavy industries, like petrochemical refineries and ammonia producers, a
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PLUG
News
- What Is Plug Power's Future? Analysts Warn Of Cash Crunch And Slow Hydrogen Market Growth [Yahoo! Finance]Yahoo! Finance
- Plug Power Inc. (NASDAQ: PLUG) had its price target lowered by analysts at Craig Hallum from $4.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Plug Power Inc. (NASDAQ: PLUG) had its price target lowered by analysts at Piper Sandler from $1.60 to $1.40. They now have an "underweight" rating on the stock.MarketBeat
- Plug Power Inc. (NASDAQ: PLUG) had its price target lowered by analysts at Wells Fargo & Company from $3.00 to $2.00. They now have an "equal weight" rating on the stock.MarketBeat
- Plug Power Inc. (NASDAQ: PLUG) was downgraded by analysts at BTIG Research from a "buy" rating to a "neutral" rating.MarketBeat
PLUG
Earnings
- 11/12/24 - Miss
PLUG
Sec Filings
- 11/13/24 - Form 8-K
- 11/12/24 - Form 8-K
- 11/12/24 - Form 424B7
- PLUG's page on the SEC website