Plug closed a $1.66 billion loan guarantee from the U.S. Department of Energy's Loan Programs Office

Plug closed a $1.66 billion loan guarantee from the U.S. Department of Energy's Loan Programs Office, which will support the construction of up to six hydrogen production facilities across the U.S. Plug’s new plant in Graham, Texas, the first to benefit from this financing, will create hundreds of high-quality jobs, strengthen America’s energy independence, and secure U.S. leadership in advanced energy innovation. The hydrogen economy is a vital step toward bolstering the resilience of our energy grid and reducing reliance on foreign energy sources. By aligning with national security priorities, this initiative ensures the U.S. remains a global leader in cutting-edge energy technology and economic growth

Hydrogen America