Plug Power Stock Is Climbing Today: What's Fueling The Rally?

Benzinga_recent_news01-29

Plug Power Inc (NASDAQ:PLUG) shares are higher Wednesday afternoon as the company makes progress on key projects supporting Europe's energy transition. Here’s what investors need to know. Plug Power ...

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Here’s what investors need to know.\nPlug Power ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/01/50202656/plug-power-stock-is-climbing-today-whats-fueling-the-rally\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720051017.SGD","symbol_name":"Allianz Global Artificial Intelligence AT Acc H2-SGD","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/01/50202656/plug-power-stock-is-climbing-today-whats-fueling-the-rally","article_id":"2607474466","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/28/Stuttgart--Germany---03-17-2024-Mobile-P.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/26/01/50202656/plug-power-stock-is-climbing-today-whats-fueling-the-rally","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2607474466","pubTimestamp":1769625360,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Plug Power Inc (NASDAQ: PLUG) shares are higher Wednesday afternoon as the company makes progress on key projects supporting Europe's energy transition.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU0823414478.USD":"法巴经典能源转换基金","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","BK4217":"自存仓储房地产信托","BK4096":"电气部件与设备","PLUG":"普拉格能源","BK4541":"氢能源","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC"},"translate_title":"普拉格能源股价今天上涨：是什么推动了上涨？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLUG":1.98},"content_text":"Plug Power Inc (NASDAQ:PLUG) shares are higher Wednesday afternoon as the company makes progress on key projects supporting Europe's energy transition. Here’s what investors need to know.\nPlug Power recently announced the completion of 100 MW of PEM GenEco electrolyzer installations at Galp’s Sines Refinery, marking a key milestone in one of Europe’s largest renewable hydrogen projects. \nThe system is expected to generate up to 15,000 tons of renewable hydrogen annually, significantly reducing greenhouse gas emissions by 110,000 tons CO₂e per year.\nThe project, which began in October 2025, has successfully delivered all ten arrays totaling 100 MW. This initiative is part of Plug Power’s broader European expansion strategy, which includes multi-gigawatt deployments across Spain and the U.K., supported by a $2 billion global pipeline.\nPlug Power is currently trading 10.9% above its 20-day simple moving average (SMA) and 3.7% above its 100-day SMA, indicating short-term strength. Over the past 12 months, shares have increased by 29.04% and are positioned closer to their 52-week highs than lows.\nThe RSI is at 53.76, suggesting neutral momentum, while the MACD is above its signal line, indicating bullish conditions. The combination of neutral RSI and bullish MACD suggests mixed momentum.\nPlug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. \nPlug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation and industrial applications.\nSignificance: Because PLUG carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.\nPLUG Price Action: Plug Power shares were up 4.98% at $2.53 at the time of publication on Wednesday, according to Benzinga Pro data.\nImage: Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607474466","isCrawlerRequest":true}