Plug Power Implements Turnaround Strategy with Revenue Growth and New Contracts
Plug Power is gaining traction as it implements a turnaround strategy, resulting in revenue growth of 12.9% to over $700 million in 2025 and a positive gross margin of 2.4%. The company also secured a major electrolyzer contract for a Hy2gen project in Canada.
Tickers: $PLUG
Topics: CEO Change Electrolyzer Contracts Financial Performance Hydrogen Industry