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Fortescue Delays Green Hydrogen Ambitions, Reaffirms Commitment To Future Projects
Thursday, July 18, 2024 - 8:26am | 587Read More...Australian iron ore mining giant Fortescue (OTC:FSUMF) has hit the brakes on ambitious plans to transform into a green hydrogen leader. Management has announced an overhaul after a turbulent period that saw multiple senior executive departures. While iron ore still generates most of the company's...
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Would You Drive A Car On Hydrogen Fuel? What About Electricity? One New Honda Hybrid Can Do Both
Wednesday, June 26, 2024 - 12:00pm | 376Read More...Honda Motor Co Ltd (NYSE:HMC) has continued its push into sustainable vehicles with a car that can run on hydrogen and electricity. The Car: Electric vehicle news site Electrek reviewed the Honda CR-V e:FCEV fuel cell plug-in hybrid following the Tokyo-based company’s announcement of lease...
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IPO-Bound Guofu Stuck At Low End Of Hydrogen-Power Food Chain
Tuesday, March 26, 2024 - 10:13am | 1213Read More...Key Takeaways: Guofu Hydrogen has posted steady revenue growth from 2021 to 2023, with a combined 238 million yuan in losses over the three-year period The company will need to make technological breakthroughs in hydrogen production and storage to succeed over the longer term By Hugh Chen China...
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Clean Energy Battle: Plug Power's Hydrogen Economics Against Bloom Energy's Strong Underlying Demand
Thursday, December 7, 2023 - 11:23am | 434Read More...Plug Power Inc (NASDAQ:PLUG) stock has been on the decline over the past year. On Wednesday, Morgan Stanley slashed its rating to Underweight from Equal Weight with a $3 price target, cut from $3.50, citing “liquidity concerns and worsening hydrogen economics“. Read: Plug Power ‘...
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Plug Power Down Over 37%, Issues Going Concern Warning — 4 Analysts Slash Stock Outlooks
Friday, November 10, 2023 - 12:31pm | 538Read More...Shares of Plug Power Inc (NASDAQ:PLUG) plummeted over 30% in the pre-market Friday. The Lathan, New York-based company reported disappointing third-quarter results and issued a going concern warning. Plug has been betting on the hydrogen economy. However, "unprecedented supply challenges" in the...
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Plug Power Q3 Earnings Highlights: Revenue Miss, EPS Miss, 'Unprecedented Supply Challenges'
Thursday, November 9, 2023 - 5:24pm | 386Read More...Fuel cell company Plug Power Inc (NASDAQ:PLUG) reported third-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Plug Power reported third-quarter revenue of $198.71 million, which was up 5.3% year-over-year. The revenue total missed a Street...
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Plug Power Q3 Earnings Preview: Betting Big On Green Hydrogen Economy
Thursday, November 9, 2023 - 10:50am | 502Read More...Plug Power Inc (NASDAQ:PLUG), will be reporting its third-quarter (Q3) earnings on ABC after market hours. The Street expects the Latham, New York-based company to report a negative 30 cents in EPS and $237.92 million in revenue. Plug Power specializes in hydrogen fuel cell technology and provides...
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Is Hydrogen The Green Dream Or Just Overpriced Hot Air? This Hedge Fund Is Betting On A Burst
Monday, September 11, 2023 - 4:48pm | 655Read More...The founder and chief investment officer of Argonaut Capital Partners, Barry Norris, is cautioning investors against pursuing hydrogen investments, predicting bleak returns in the near future. What Happened: Norris recently expressed his skepticism about the sustainability of several business...
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US Energy Department Announces First Funding For Underground Hydrogen Energy
Thursday, September 7, 2023 - 5:54pm | 457Read More...The U.S. Energy Department is stepping up its fight against climate change by launching its first-ever funding for a revolutionary form of clean energy: underground hydrogen. As reported by Forbes on Thursday, the department has established a $20 million fund aiming to discover more...
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Hydrogen-Electric Vehicles Are Outperforming EVs In Range And Refuel Speed
Thursday, June 15, 2023 - 9:44am | 885Read More...The automotive industry is undergoing a transformation, driven by the urgent need for sustainable and eco-friendly transportation solutions. While electric vehicles (EVs) dominate the news, with the latest offerings from Tesla Inc., Hyundai Motor Co. Ltd. and Rivian Automotive Inc., there is an...
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Plug Power Q4 Earnings Recap: Revenue Misses Street Estimate, But Sets Company Records For Quarter, Full Year
Wednesday, March 1, 2023 - 5:28pm | 387Read More...Fuel cell company Plug Power (NASDAQ: PLUG) reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Plug Power reported fourth-quarter revenue of $221 million, which missed a Street estimate of $277.3 million, according to data from...
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Nikola Announces New Hydrogen Energy Brand HYLA: What Investors Need To Know
Wednesday, January 25, 2023 - 7:01pm | 598Read More...Hydrogen and electric vehicle company Nikola Corporation (NASDAQ: NKLA) announced the launch of a new brand and provided several company updates after market close. Here are the highlights. What Happened: Nikola announced the launch of a new hydrogen energy brand called “HYLA”...
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Plug Power Q2 Earnings Takeaways: Revenue Miss, Cost Reduction Efforts, Focus On Becoming 'Category King' In Hydrogen Economy
Tuesday, August 9, 2022 - 4:49pm | 422Read More...Plug Power Inc (NASDAQ: PLUG) reported its second-quarter financial results after the close Tuesday. Here's a look at the highlights from the quarter. What Happened: Plug Power reported second-quarter revenue of $151.3 million, which was up from $124.5 million year-over-year. Plug...
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Why This Analyst Is Bullish On Plug Power
Wednesday, January 5, 2022 - 4:10pm | 586Read More...Plug Power, Inc., a 3Hydrogen fuel-cell energy company, has been making strides with its execution on all fronts. The Plug Power Analyst: KeyBanc Capital Markets analyst Leo Mariani initiated coverage of Plug Power shares with an Overweight rating and $40 price target, suggesting more than...
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Plug Power Up Almost 10% As Option Traders Gorge On Calls
Friday, November 19, 2021 - 4:59pm | 416Read More...Plug Power Inc (NASDAQ: PLUG) is up almost 10% the day after Morgan Stanley analyst Stephen Byrd maintained an Overweight rating on the stock and raised his price target from $43 to 65, which is just below the all-time high of around $75 printed in late January 2021. What Happened:...
















