Plug Power

Green Hydrogen at Work

General Information
Company Name
Plug Power
Founded Year
1997
Location (Offices)
United States +1
Founders / Decision Makers
Number of Employees
2207
Industries
Energy, Industrial, Manufacturing +1
Funding Stage
Post Ipo Equity
Social Media

Plug Power - Company Profile

Plug Power, with the slogan "Green Hydrogen at Work," is revolutionizing the energy, industrial, manufacturing, and oil and gas industries. Since its founding in 1997, the United States-based company has been at the forefront of building an end-to-end green hydrogen ecosystem. This encompasses everything from production, storage, and delivery to energy generation, aligning with the mission to assist its customers in meeting their business goals and decarbonizing the economy. The company recently secured a significant investment of $75.70M in the form of a grant investment on 14 March 2024 from the US Department of Energy. This injection of capital stands as a testament to the promising future that investors and stakeholders envision for Plug Power. As the company continues to pave the way for clean energy solutions, this recent backing further solidifies its position as an innovative leader in the green hydrogen space. In essence, Plug Power's commitment to sustainable energy and its recent substantial investment from a key government entity underscore its potential to drive impactful change within the energy and industrial sectors, positioning it as a promising prospect for venture capital consideration. For more information, visit www.plugpower.com.

Taxonomy: Green hydrogen, Fuel cell technology, Renewable energy, Decarbonization, Energy generation, Hydrogen production, Energy security, E-mobility, Environmental benefits, Efficiency gains, Electrolyzers, Clean energy solutions, Hydrogen economy, Transportation industry

Funding Rounds & Investors of Plug Power (15)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $200.00M - 19 Jul 2024
Post-IPO Debt $1.66B 1 US Department of Energy 14 May 2024
Grant $75.70M 1 US Department of Energy 14 Mar 2024
Post-IPO Equity $2.00B - 09 Feb 2021
Post-IPO Equity $1.00B - 24 Nov 2020

View All 15 Funding Rounds

Latest News of Plug Power

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No recent news or press coverage available for Plug Power.

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