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Barchart
Wajeeh Khan

Plug Power Just Delivered a New Electrolyzer. Should You Buy PLUG Stock Here?

Plug Power (PLUG) shares pushed aggressively to the upside on Oct. 1 after the hydrogen fuel cell firm delivered its first 10MW GenEco electrolyzer array to Galp’s Sines Refinery in Portugal.

The company will deliver another nine similar modules to the refinery by early 2026. The full 100MW deployment will replace 20% of its grey hydrogen and cut 110,000 tons of CO₂ annually.

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