Plug Power completes Phase 1 of hydrogen supply delivery for H2CAST; shares gain

Plug Power

21/10/2025 12:55

** Shares of hydrogen fuel-cell maker Plug Power PLUG.O up ~1.5% at $3.45 premarket

** Company completes the first phase of its hydrogen supply delivery of 44.5 metric tons for H2CAST (Hydrogen Cavern Storage Transition), a joint project led by Gasunie and STORAG ETZEL in Germany

** Adds that it was awarded a second delivery mandate for an additional 35 metric tons of hydrogen to the same project H2CAST

** Company will continue to source the hydrogen from Hy2Gen ATLANTIS, the electrolyzer facility in Werlte, Germany

** As of last close, PLUG up ~60% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))