plug-power

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Daily News Wrap-Up: Solar Generation in India Rises 8.8% YoY to 32 BU in 2024

India generated approximately 32 billion units (BU) of solar power in the first quarter  of the calendar year 2024, an 8.8% year-over-year increase. The country’s solar...

May 15, 2024

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Mercom Staff

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Daily Wrap-up
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Plug Power’s Losses Deepen Despite Cost-Cutting Measures

U.S.-based hydrogen fuel cell company Plug Power‘s loss-widening streak continued even after it announced cost-cutting measures following the resolution of going...

May 14, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Plug Power Resolves ‘Going Concern’ Doubts as 2023 Revenues Increase by 27%

Plug Power, a U.S.-based hydrogen fuel cell company, reported a revenue of $891 million for 2023, up 27% from the prior year, allaying fears about its ability to...

March 7, 2024

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Arshreet Singh

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Finance and M&A
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Daily News Wrap-Up: Draft Eligibility Criteria For Accredited Carbon Verification Agencies

The Bureau of Energy Efficiency (BEE) issued a draft Accreditation Procedure and Eligibility Criteria for Accredited Carbon Verification Agencies (ACV). Stakeholders can...

November 15, 2023

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Mercom Staff

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Daily Wrap-up
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Plug Power Reports Net Loss of $283 Million in Q3 as Hydrogen Supply Challenges Mount

Plug Power, a U.S.-based hydrogen fuel cell company, recorded a net loss of $283.48 million during the third quarter (Q3) of the financial year (FY) 2023, a...

November 14, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: Renewable Developers Hope for ISTS Charges Waiver Beyond June 2025

The waiver of interstate transmission system (ISTS) charges for projects commissioned by June 30, 2025, has enthused commercial and industrial consumers to procure power...

August 14, 2023

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Mercom Staff

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Daily Wrap-up
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Plug Power’s Q2 Loss Widens to $236.4 Million on Higher Operating Expenses

Plug Power, a U.S.-based hydrogen fuel cell company, experienced a wider net loss of $236.4 million in the second quarter (Q2) of 2023, compared to $173.3 million in the...

August 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News-Wrap Up: Amp Energy India Wins CESC’s 150 MW Hybrid Tender

Amp Energy India won the Kolkata-based power utility company CESC’s auction to develop 150 MW of the interstate transmission system-connected wind-solar hybrid projects....

May 12, 2023

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Mercom Staff

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Daily Wrap-up
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Plug Power’s Net Loss Up 60% YoY in Q3, as it Builds its Green Hydrogen Platform

Plug Power, a U.S.-based developer of hydrogen fuel cell (HFC) turnkey solutions, recorded a net loss of $170.76 million in the third quarter (Q3) of 2022, a...

November 10, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Hydrogen Fuel Cell Company Plug Power’s Revenue Rises 21% YoY in Q2 2022

Plug Power, a U.S.-based provider of green hydrogen and fuel cell solutions, recorded a revenue of $151.27 million in the second quarter (Q2) of 2022, a 21%...

August 10, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Greenko Begins Construction of its 5 GW Renewable Energy Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: Greenko Group has started the construction of its 5.23 GW Integrated Renewable Energy...

May 19, 2022

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Satish Shetty

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Other

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Renewable Energy
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Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power, a U.S.-based hydrogen fuel cell (HFC) turnkey solutions company, recorded a revenue of $140.8 million in the first quarter (Q1) of 2022, a 96% year-over-year...

May 13, 2022

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Satish Shetty

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: ATCO Group, through its investment in Canadian Utilities Limited, entered into a...

April 22, 2022

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Satish Shetty

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Other

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Renewable Energy
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Hydrogen Solutions Provider Plug Power Reports Net Revenue of $162 Million in Q4 2021

U.S.-based Plug Power, a provider of green hydrogen and fuel cell solutions, has announced the results for the fourth quarter (Q4) of the calendar year (CY) 2021. The...

March 8, 2022

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Rakesh Ranjan

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Other

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Other Energy
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Daily News Wrap-Up: ONGC and SECI Sign MoU to Develop Renewable Energy Projects

Here are some newsworthy cleantech announcements of the day from around the world: Oil and Natural Gas Corporation Limited and Solar Energy Corporation of India have...

December 6, 2021

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Harsh Shukla

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Other

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Renewable Energy

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