Plug Power (PLUG) Expands Green Hydrogen Projects With 5MW Electrolyzer in Namibia

1 week ago 4

Sheryar Siddiq

Fri, January 2, 2026 astatine 9:50 AM CST 2 min read

Plug Power Inc. (NASDAQ:PLUG) ranks among the best hydrogen and substance compartment stocks to bargain for 2026. Plug Power Inc. (NASDAQ:PLUG) has commenced important projects this month. On December 17, the institution deployed a 5MW GenEco electrolyzer strategy for Cleanergy Solutions Namibia’s greenish hydrogen task astatine the Hydrogen Dune installation successful Walvis Bay. The facility, which debuted successful September, is billed arsenic Africa’s archetypal afloat functioning commercialized greenish hydrogen plant.

The regionally generated hydrogen is expected to substance hydrogen-powered trucks, larboard and obstruction machinery arsenic good arsenic tiny ships that walk done the Walvis Bay Port. The installation volition besides connection automobiles that person been adapted on-site to tally connected some hydrogen and accepted fuels.

Meanwhile, connected December 1, Plug Power Inc. (NASDAQ:PLUG) signed a woody to supply NASA’s Glenn Research Center and Neil A. Armstrong Test Facility with up to 218,000 kilos of liquid hydrogen. The contract, which is worthy up to $2.8 million, is Plug Power’s archetypal liquid hydrogen organisation statement with NASA.

Plug Power Inc. (NASDAQ:PLUG) is an American institution focused connected gathering and operating greenish hydrogen accumulation and organisation facilities. The institution manufactures and deploys electrolyzers and substance cells to nutrient greenish hydrogen.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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