Plug Power Snags $1.7 Billion DOE Loan Guarantee For Hydrogen Plants
1. Plug Power secures $1.66 billion DOE loan for hydrogen plants. 2. First plant in Texas to produce 45 tons of hydrogen daily. 3. Loan facilitates investment from equity partners and supports green projects. 4. Potential tax credits could enhance profitability of hydrogen production. 5. Support for hydrogen remains strong across political administrations and state lines.