Plug Power (PLUG) Exceeds 2020 Guidance and Raises Targets for 2021 and 2024

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Go back to Plug Power (PLUG) Exceeds 2020 Guidance and Raises Targets for 2021 and 2024

Plug Power Exceeds 2020 Guidance and Raises Targets for 2021 and 2024

January 26, 2021 7:00 AM EST

Company to hold business update call at 8:30 am ET

LATHAM, N.Y., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, exits 2020 with a global leadership position in green hydrogen solutions for the $10T+ hydrogen economy. Plug Power has exceeded its 2020 gross billings target and is raising 2021 estimates to $475M, up from $450M. Additionally, the Company is increasing the 2024 gross billings target by more than 40% to $1.7B.

Plug Power will host a business... More