Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing. This is the year that the hydrogen bubble pops, especially for transportation, but increasingly for all hydrogen for energy plays. One of the firms on my hydrogen death watch is Plug Power.

https://cleantechnica.com/2025/02/26/plug-power-has-lost-3-12-billion-since-2010-never-turned-a-profit-stock-collapsing/

by mafco

6 comments

  1. Not surprising. There was no economic case for mass hydrogen production at this point in time. It isn’t very energy dense, requires tons of new infrastructure and equipment investment to be viable, it is extremely flammable, and wasn’t solving any problem other tech couldn’t do better/cheaper. I am surprised the hype lasted as long as it did

  2. Lmao “hydrogen bubble”. There is no hydrogen market yet. 

  4. Hydrogen doesn’t scale. Requires full out infrastructure build out, specific to hydrogen. DOA

  6. Amazon invested a shitload of money into Plug and has signed contracts with them moving forward. They will not allow them to fail and I think will buy them if needed. This is the best Time to invest in hydrogen when literally everyone is shitting on it. It’s as cheap as can be right now. If you’re young in 20 years you’ll be happy you made that decision

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