Plug Power's strategic expansion in the growing hydrogen ecosystem and clean energy sector. Key points. * Plug Power is enhancing its hydrogen production capabilities and expanding its clean energy footprint. * The company's integrated ecosystem includes storage, transportation, and fuel cell technologies. * Hydrogen technologies are gaining traction in various sectors, including transportation and industrial manufacturing. * Electrolyzers play a crucial role in producing hydrogen from renewable energy sources. Plug Power (NASDAQ:PLUG) has been making significant strides in the hydrogen sector, focusing on expanding its production and fuel cell ecosystem. This company, which operates in the clean energy domain, is dedicated to developing hydrogen fuel systems, electrolyzers, and various infrastructure necessities aimed at advancing the hydrogen economy. As a prominent player within the Nasdaq Composite, Plug Power is frequently highlighted alongside other companies that contribute to alternative energy technologies. In its pursuit of creating a comprehensive hydrogen network, Plug Power has made substantial investments into manufacturing facilities, production plants, distribution assets, and customer deployments, primarily across North America and Europe. This strategic buildup is designed to create an integrated hydrogen ecosystem that encompasses production, storage, transportation, dispensing equipment, fuel cells, and maintenance services, providing clients with a one-stop solution for their hydrogen needs. Through hydrogen fuel cells, the company is able to convert hydrogen into electricity while producing water and heat as by-products, making these systems suitable for a wide array of applications, including logistics and industrial operations. Moreover, Plug Power's advancements in proton exchange membrane electrolyzers enable the generation of hydrogen utilizing electricity and water, which has become vital for global hydrogen infrastructure initiatives. The company operates several manufacturing facilities focused on assembling fuel cell engines, electrolyzers, and hydrogen storage equipment, all supported by production plants designed to supply liquid and gaseous hydrogen to customers. This nationwide effort is part of broader plans to establish a domestic hydrogen supply chain that can meet the growing demand across multiple commercial sectors. Industries such as material handling, transportation, and energy generation stand to benefit significantly from these developments. Plug Power's hydrogen technologies have found applications in various domains, with an emphasis on material handling through fuel-cell-powered forklifts. Other noteworthy applications involve stationary backup power systems, commercial vehicle fleets, and industrial manufacturing processes. As the demand for cleaner production methods increases, the use of electrolyzer technology is anticipated to rise in chemical processing and manufacturing sectors. The growing focus on hydrogen is further enhanced by its potential to support endeavors in industrial decarbonization, long-duration energy storage, and sectors where direct electrification is less feasible, such as marine and aviation. The ongoing expansion of renewable energy sources is also driving demand for electrolyzers that can produce hydrogen using sustainable power. Governments and industries continue investing in hydrogen infrastructure projects, aligning with global energy transition goals. Plug Power's geographic operations span North America and Europe through a network of manufacturing locations and engineering centers, establishing partnerships across diverse sectors including logistics, retail, and food processing. As the competitive landscape in hydrogen deepens, Peg Power is well-positioned to lead in technology development, focusing on enhancing fuel cell durability, hydrogen production efficiency, and system integration for a more sustainable future. July 16, 2026 at 06:40 AM United States

Plug Power sells Texas site to Stream Data Centers. Land in Graham earmarked for hydrogen plant set to host data centers July 15, 2026 Hydrogen firm Plug Power is selling more land to US data center firm Stream. The company this week announced two transactions with Stream US Data Centers, LLC: One to sell land in Texas to the operator and another to amend an existing sale agreement over land in New York. Nasdaq-listed Plug has signed a definitive agreement to sell its project in Graham, Young County, Texas, comprised of 66 acres of land and associated 164MW of grid interconnection assets, to Stream for up to $76.5 million. The deal is expected to close at the end of July. Around $50 million is to be paid at closing, and up to an additional $26.5 million based on the load capacity that will be confirmed in the final interconnection agreement with the Texas utility. The site, to the west of Graham, was previously set to host Limestone, Plug's green hydrogen production project and would have been the company's largest hydrogen plant. Originally set to open in 2025, before merely hoping to start construction that year, the company has officially dropped the plans earlier this year amid a change in company strategy. Stream hasn't commented on its plans for the site, some 87 miles (140 km) west of Fort Worth. Plug said the sale is also expected to enable the release of approximately $14 million of cash collateral currently supporting letters of credit/security payments, following the transfer of the applicable interconnection-related obligations and security arrangements to Stream. In total, this transaction is expected to provide up to approximately $90.5 million of total liquidity. Founded in 1999, Stream's footprint extends across Texas, Illinois, Minnesota, Colorado, Ohio, Virginia, Iowa, Oklahoma, Georgia, Alabama, and California. The company was recently acquired by Apollo Global Management from Stream Realty Partners. Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its interest in the New York Gateway Project to Stream for $142 million. That deal has now been amended slightly. Stream's prior $6.5 million escrow deposit will be promptly released to Plug, and Stream will make a new $10 million escrow deposit toward its purchase of land at the Gateway site. The closing provisions have also been amended to enable the near-term sale of the land, and the long-stop closing date for the sale of non-land assets has been extended to March 31, 2027, to afford additional time for completion of the applicable New York State environmental and regulatory review processes and satisfaction of the remaining closing conditions. Plug will retain ownership of the substation and interconnection assets, along with a repurchase right over the land, until the second closing. Founded in 1997, New York-based Plug develops hydrogen fuel cell and electrolyzer systems. The firm has hydrogen plants currently operational in Georgia, Tennessee, and Louisiana, as well as hundreds of fuelling stations. The company has deployed thousands of fuel cell-powered forklifts, with customers including Walmart, Amazon, Home Depot, BMW, and BP. The New York site, located in the STAMP industrial park in Alabama, Genesee County, was originally set to host a hydrogen plant but was sold to Stream in March. Stream is aiming to develop a campus known as Project Double Reed on the site that could total 500MW across two two-story buildings. How the newly introduced statewide data center moratorium in New York will impact the project is unclear. Plug said the transactions represent "additional progress" under its previously announced strategic infrastructure optimization initiative amid ongoing losses and are expected to deliver more than $80 million of near-term incremental liquidity. Stream and Plug Power said the pair are now also "actively exploring" other opportunities for Plug to deploy its products into the data center industry. "Plug is appreciative of the continued collaboration and partnership with Stream Data Centers and is excited to position for closing in the near term. Monetizing these assets was a key part of our strategy this year, coupled with the continued improvements in margin and cash flows to fund the business. We look forward to sharing our results for the second quarter shortly and believe that we are on track with our financial goals for 2026. The improvement in margins, effective management of our liquidity, and the growth of our sales pipeline remain our critical focus," said Jose Luis Crespo, Plug Power CEO. More in construction & site selection.

Expander Energy selects Plug Power to help convert forestry waste into sustainable aviation fuel in Canada. Companies sign MOU to integrate Plug's GenEco(TM) electrolyzer technology into Expander's proprietary BETL(R) process for the proposed Mackenzie Biofuel Project in British Columbia. July 7, 2026 - TheNewswire - Expander Energy Inc. ("Expander") is pleased to announce it has selected Plug Power Inc. ("Plug") as its strategic electrolyzer technology partner for the proposed Mackenzie Biofuel Project, a first-of-its-kind clean fuels facility in British Columbia designed to convert forestry waste into sustainable aviation fuel (SAF), renewable diesel, and other low-carbon fuels. The companies have signed a Memorandum of Understanding (MOU) to integrate Plug's GenEco(TM) PEM electrolyzer technology into Expander's proprietary Biomass Electrolysis to Liquids (BETL(R) process. The collaboration will support development of the hydrogen and oxygen production systems required for the project and advance engineering efforts toward commercial deployment. Located in Mackenzie, British Columbia, the proposed facility aims to transform forestry wood waste into low-carbon transportation fuels, creating value from regional resources while supporting Canada's decarbonization and energy security objectives. The project is first on many renewable fuel projects identified by Expander and Canadian Nuclear Laboratories (CNL) and supported by Natural Resources Canada (NRCan) through the Clean Fuels Fund program. BETL(R) is an innovative fuel production process jointly developed by Expander and CNL that combines biomass conversion and electrolysis technologies to produce low-carbon bio-synthetic fuels. Because the carbon used in the process originates from biomass rather than fossil sources, the resulting fuels are expected to achieve significantly lower lifecycle carbon emissions than conventional petroleum-based alternatives. If developed as planned, the Mackenzie Biofuel Project could convert approximately 84,000 dry tonnes of forestry biomass annually into up to 30 million litres of renewable fuels, including renewable diesel, renewable naphtha, bio-wax, and sustainable aviation fuel. The facility is expected to avoid up to 90,000 tonnes of carbon dioxide emissions annually while helping address growing demand for cleaner transportation fuels. Expander is also evaluating opportunities to expand production capacity over time. A larger-scale buildout at Mackenzie BC could process up to 336,000 dry tonnes of biomass annually, producing as much as 120 million litres of renewable fuels and avoiding up to 360,000 tonnes of carbon dioxide emissions per year. Growing demand for sustainable aviation fuel presents a significant market opportunity for the project. Expander is currently working with strategic aviation industry partners to evaluate demand for an initial 18 million litres of SAF annually, with future expansion potential of up to 72 million litres per year. The collaboration combines Expander's proprietary BETL(R) technology with Plug's proven electrolyzer platform to advance a scalable pathway for producing low-carbon fuels from Canada's abundant forestry resources and further strengthen the country's emerging clean fuels industry. About Expander Energy Inc. Expander Energy Inc. is a Calgary, Alberta-based energy technology company that has developed a patented suite of transportation fuel production technologies to convert biomass, captured carbon and low Carbon Intensity electricity into "fossil free" low life cycle carbon intensity synthetic diesel fuel (Bio-SynDiesel(R), synthetic kerosene jet fuel (Bio-SynJet(R) and green prime power generation. Expander's Bio-Energy Carbon Capture and Sequestration (BECCS) solution utilizes cellulosic biomass to produce next generation low CI synthetic fuels while efficiently capturing bio-carbon for geologic sequestration. Bio-SynDiesel(R), Bio-SynJet(R), BGTL(R), EBTL(R), BETL(R), and CETL(TM) are trademarks of Expander Energy Inc. Forward Looking Information This press release contains "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer's prospective financial performance or financial position. Expander has made certain material assumptions to develop the forward-looking information in this news release, including assumptions about the availability of financing to build Biomass to Liquids facilities and the demand for renewable paraffinic synthetic diesel, jet and naphtha. By its nature, forward-looking information is subject to various significant risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed in this news release. Expander assumes no obligation to update or revise the forward-looking information in this press release unless it is required to do so under Canadian securities legislation. Contact Information Expander Energy Inc. Gord N. Crawford, P.Eng. - President and CEO 1185 - 10201 Southport Road SW Calgary Alberta T2W 4X9 cell: 780-966-4673 www.expanderenergy.com