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Hydrogen Plant

All articles tagged with #hydrogen plant

finance1 year ago

"Plug Power CEO Predicts Shocking Turn for PLUG Stock"

Plug Power's CEO, Andrew Marsh, is optimistic about the company's future prospects, hinting that it won't issue new shares to prevent potential short sellers from undermining its growth. The company's stock responded positively to the news of filling its first tanker with liquid hydrogen at its Georgia plant, climbing upwards of 15% in early morning trading. Despite recent turbulence, the company has enjoyed some momentum, with analysts expressing confidence in the new plant's operations, while others remain cautious about potential funding challenges.

via InvestorPlace|
#andrew-marsh#finance#hydrogen-plant
energy-and-environment2 years ago

"West Virginia to Host State-of-the-Art Hydrogen Plant and Data Center Campus"

West Virginia officials have announced a new project to produce clean hydrogen from natural gas in Mason County, with up to $62.5 million in forgivable loans approved for Houston-based Fidelis New Energy. The project aims to create a carbon-neutral hydrogen production facility and is expected to generate 800 full-time jobs and work for 4,200 construction workers. However, concerns have been raised about the use of state dollars, oversight, and the viability of carbon capture. Environmental organizations question the potential environmental impact and the Department of Environmental Protection's ability to provide oversight. State officials have assured that they will address these concerns and prioritize the preservation of the state's forests and environment.

via West Virginia MetroNews|
#carbon-capture#clean-energy#energy-and-environment
business2 years ago

Developers Detail Hydrogen Plant Plans to Local Residents

Air Products and Chemicals held public information sessions to explain their plans for the Massena Green Hydrogen Facility, a liquid hydrogen manufacturing plant in Massena, New York. The company is investing approximately half a billion dollars into the project, which is expected to create 150 to 200 jobs during construction and peak at around 350 jobs in early 2025 during the startup and operation phase of the facility.

via WWNY|
#air-products-and-chemicals#business#green-hydrogen-facility