Plug Power shares are trading higher after the company announced it will supply Energy Vault Holdings with 8 megawatts of hydrogen fuel cell stationary power.
Portfolio Pulse from Benzinga Newsdesk
Plug Power's shares are trading higher following the announcement that the company will supply Energy Vault Holdings with 8 megawatts of hydrogen fuel cell stationary power.
June 07, 2023 | 6:01 pm
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Plug Power shares are up after announcing a deal to supply Energy Vault Holdings with 8 megawatts of hydrogen fuel cell stationary power.
The announcement of the deal with Energy Vault Holdings is a positive development for Plug Power, as it showcases the company's ability to secure contracts and expand its market presence. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100