Kuehn Law is investigating Plug Power Inc. for allegedly misleading shareholders about the availability of funds from a Department of Energy (DOE) loan and the company's plans to build hydrogen production facilities. The lawsuit claims that insiders overstated the likelihood of receiving these funds and the scale of projects, suggesting the company might shift to smaller, less profitable ventures. Shareholders who bought Plug Power stock before January 17, 2025, are encouraged to contact the law firm to protect their rights. This case highlights potential risks in Plug Power's financial disclosures and future project outlooks.
Fuel cell stocks, including FuelCell Energy, Plug Power, and Bloom Energy, declined sharply midweek following significant gains over the past year. FuelCell Energy led the drop with a 10% fall, reflecting profit-taking after an 85% rise in the last m...
Plug Power has sold a $39.2 million federal investment tax credit linked to its St. Gabriel hydrogen liquefaction facility in Louisiana, following a similar $30 million sale earlier in 2025. This move is part of the company's strategy to improve liqu...
Plug Power has sold a $39.2 million federal investment tax credit linked to its St. Gabriel hydrogen liquefaction facility in Louisiana, enhancing its liquidity and capital efficiency. This move is part of Plug Power's strategy to optimize capital de...
