The market liked the latest news out of Plug Power’s (PLUG) HQ and considering its potential, that’s hardly surprising; last week, the hydrogen fuel player announced that its working relationship with Amazon had gone up a notch. The company has signed an agreement with the tech giant to supply it with 10,950 tons per year (30 TPD) of liquid green hydrogen. This will go toward fueling Amazon’s operations and will oust the diesel, gray hydrogen and other fossil fuels used by the company. The supply should be enough to power 30,000 forklifts or 800 heavy-duty long-haul trucks every year.
https://www.tipranks.com/news/article/plug-power-amazon-deal-bodes-well-for-the-hydrogen-industry-says-morgan-stanley?utm_source=advfn.com&utm_medium=referral
Plug Power (NASDAQ:PLUG)
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