Plug Power Inc. logo PLUG - Plug Power Inc.

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| PRICE TARGET: $1.85 DETAILS
HIGH: $2.75
LOW: $1.00
MEDIAN: $1.80
CONSENSUS: $1.85
DOWNSIDE: 23.55%

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Plug Wins 50MW Electrolyzer Order as Orica's Hunter Valley Hub Becomes the Largest Australian Renewable Hydrogen Project to Reach FID

Plug Wins 50MW Electrolyzer Order as Orica's Hunter Valley Hub Becomes the Largest Australian Renewable Hydrogen Project to Reach FID

SLINGERLANDS, N.Y., July 07, 2026 (GLOBE NEWSWIRE) --   Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced that the 50-megawatt (MW) Hunter Valley Hydrogen Hub (HVHH) project in Newcastle, New South Wales, Australia, has reached final investment decision (FID), moving the project into execution and advancing the delivery of Plug's GenEco Proton Exchange Membrane (PEM) electrolyzers. The Hunter Valley Hydrogen Hub is being developed by Orica , a global leader in mining and infrastructure solutions operating across more than 100 countries.

Jul 07, 2026 03:00 AM globenewswire.com

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