• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Toyota Material Handling Europe and Plug Power, supply partners of STEF, to bring cutting-edge hydrogen forklift and hydrogen fuel cell solutions to two of its cold storage distribution centers, in France and Spain

    4/3/25 7:00:00 AM ET
    $PLUG
    Industrial Machinery/Components
    Energy
    Get the next $PLUG alert in real time by email

    SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen projects with Toyota Material Handling Europe, a supplier of hydrogen fuel cell material handling equipment, and Plug Power, a provider of end-to-end green hydrogen solutions. The two projects are located in Athis-Mons, France and Torrejón de Ardoz, Spain. This initiative marks a significant step towards developing a comprehensive hydrogen ecosystem that integrates H2 production and H2-powered material handling equipment.

    Focus on the two hydrogen projects

    STEF is incorporating green hydrogen to power its forklift at two of its sites: a transport platform in Athis-Mons close to Paris, France, and a logistics warehouse in Torrejón de Ardoz, near Madrid, Spain.

    The project in France uses green H2 produced with renewable energy and delivered on site.

    In Spain, the H2 is produced on site using an electrolyser - a device that uses electricity to separate water into hydrogen and oxygen. The electricity to power the electrolyser is generated by the 2.9 MWp photovoltaic rooftop plant, enabling consumption of green and locally produced Hydrogen.

    The benefits of hydrogen for forklift

    By using hydrogen fuel cell technology, STEF can potentially improve its forklift operator productivity.

    Hydrogen fuel cells offer particularly good performance under STEF's operating conditions (from -18° to +4°): increased operational productivity over a longer period, unlike conventional batteries.

    Hydrogen-powered forklifts can be quickly refilled, in less than 3 minutes, reducing the risk of accidents associated with lead-acid battery change. They also offer more comfort to STEF's collaborators in trans dock activities.

    On average, a hydrogen fuel cell lasts 10 years, twice as long as traditional batteries. Contributing to reducing the environmental impact across the product lifecycle.

    Hydrogen as an energy carrier and fuel cells as a power solution offer many advantages when it comes to material handling operations and they can support the roadmap to decarbonise material handling operations.

    These two projects are part of STEF's Moving Green climate initiative, one of whose objectives is to use 100% low-carbon energy in their buildings by the end of 2025.

    Toyota provides compatible fuel cell-ready forklifts.

    Toyota Material Handling Europe is a historic supplier of STEF. In Europe, Toyota currently services 6,000 STEF forklifts.

    As part of this joint initiative, Toyota Material Handling Europe will provide STEF with compatible fuel cell-ready forklift models. These forklifts will be tailored to the specific need of STEF's sites.

    They are designed and manufactured with a focus on operator safety and comfort.

    The two projects start off with setting up 48 forklifts in Athis-Mons and 67 foklifts in Torrejón de Ardoz cold store sites.

    Plug Power

    Plug Power (Plug) is a leading provider of comprehensive hydrogen solutions, including fuel cells, electrolyzers, hydrogen production, storage, and refueling infrastructure, designed to enable the global transition to green energy across industries.

    Plug is deploying its hydrogen-powered solutions for STEF at two of its cold storage sites: Athis-Mons and Torrejón de Ardoz. With these projects, STEF joins Plug's network of clients.

    For both of these projects, Plug will provide STEF with its full GenKey ecosystem—hydrogen fuel cells, GenFuel infrastructure, green hydrogen supply, and ongoing service.

    At the Torrejón de Ardoz site, Plug has provided an electrolyzer to produce green hydrogen on-site using renewable energy, showcasing the integration of advanced technology into STEF's logistics strategy. This partnership demonstrates the benefits of Plug's solutions in reducing greenhouse gas emissions, enhancing operational efficiency, and enabling sustainable logistics for the food supply chain.

    This collaboration also expands Plug's footprint in Europe.

    For more information, please contact:

    Catherine Marie, media relations manager, STEF Group

    E-mail: [email protected]

    Tel: +33 6 35 23 10 88

    Everaerts Lieselotte, Strategic Marketing Manager, Toyota Material Handling Europe

    E-mail: [email protected]

    Tel: +32 3 302 3245, +32 498 69 73 92

    Fatimah Nouilati, Plug Power Media Contact

    Email : [email protected]

    About STEF Group - www.stef.com

    STEF is a pure player in the food supply chain. Its mission is to supply populations with food products. This major responsibility is backed by a rich history spanning more than 100 years. Today, STEF brings together a wealth of expertise, making it the European leader in temperature-controlled transport, logistics and packaging services dedicated to food products. With its customers in industry, retail and out-of-home catering, STEF works to build an ever more agile and connected supply chain in response to changing consumption patterns and the transformation of distribution channels, from convenience stores to superstores and e-commerce. Its 2022-2026 strategic plan "Committed to a sustainable future" places "care" at the heart of its relations with all its internal and external stakeholders, as well as at the center of its climate approach. STEF has 25,000 employees and more than 300 sites in 8 European countries. In 2024, STEF generated sales of 4.8 billion euros.

    About Blue EnerFreeze - www.blue-enerfreeze.com

    Blue EnerFreeze is the energy subsidiary of STEF Group, the European leader in temperature-controlled transport, logistics and packaging services dedicated to food products. Created in 2018, Blue EnerFreeze supports the Group's European sites in the supply of secure, optimized and sustainable refrigeration energy.

    About Toyota Material Handling Europe

    Toyota Material Handling Europe is the European headquarters of Toyota Material Handling Group, which is part of Toyota Industries Corporation – the global leader in material handling equipment. It provides businesses of all sizes, in more than 30 European countries, with a full range of counterbalanced forklift trucks, BT warehouse equipment/services, added-value solutions and innovations. Over 95% of trucks are manufactured in our European factories, in Sweden, France and Italy – all to Toyota Production System´s (TPS) quality standards. Find out more to achieve exceptional efficiency in your operations.www.toyota-forklifts.eu

    About Plug – www.plugpower.com

    Plug Power is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug Power provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications and energy producers—advancing energy independence and decarbonization at scale.

    With electrolyzers deployed across five continents, Plug Power leads in hydrogen production, delivering large-scale projects that redefine industrial power. The company has deployed over 72,000 fuel cell systems and 275 fueling stations and is the largest user of liquid hydrogen. Plug Power is rapidly expanding its generation network to ensure a reliable, domestically produced hydrogen supply. With plants already operational in Georgia and Tennessee, and Louisiana set to come online in 2025, Plug Power's total production capacity is on track to reach 39 tons per day.

    With employees and state-of-the-art manufacturing facilities across the globe, Plug Power powers global leaders like Walmart, Amazon, Home Depot, BMW, and BP.

    Plug Power Safe Harbor Statement

    This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. ("Plug"), including but not limited to statements about Plug's partnership with STEF; Plug's deployment of its hydrogen-powered solutions and provision of its GenKey ecosystem and ongoing services; STEF's potential improvement in operational productivity, potential advantages Hydrogen offers concerning material handling operations and potential expansion of Plug's footprint in Europe. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Plug in general, see Plug's public filings with the Securities and Exchange Commission (the "SEC"), including the "Risk Factors" section of Plug's Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and Plug undertakes no obligation to update such statements as a result of new information

    For more information, visit www.plugpower.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc8fddbe-75c9-448b-a6b4-6359a831832f



    Primary Logo

    Get the next $PLUG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PLUG

    DatePrice TargetRatingAnalyst
    1/27/2025$1.00Neutral → Sell
    Seaport Research Partners
    11/14/2024Buy → Neutral
    BTIG Research
    4/5/2024$2.00Neutral → Sell
    Citigroup
    2/6/2024$4.75Buy → Neutral
    UBS
    2/6/2024$4.50Neutral
    Redburn Atlantic
    2/6/2024Buy → Neutral
    Seaport Research Partners
    1/31/2024$4.50 → $9.00Neutral → Buy
    ROTH MKM
    1/24/2024$3.50 → $2.50Market Perform → Underperform
    BMO Capital Markets
    More analyst ratings

    $PLUG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Plug Power downgraded by Seaport Research Partners with a new price target

      Seaport Research Partners downgraded Plug Power from Neutral to Sell and set a new price target of $1.00

      1/27/25 8:08:33 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power downgraded by BTIG Research

      BTIG Research downgraded Plug Power from Buy to Neutral

      11/14/24 7:47:32 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power downgraded by Citigroup with a new price target

      Citigroup downgraded Plug Power from Neutral to Sell and set a new price target of $2.00

      4/5/24 7:44:10 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy

    $PLUG
    SEC Filings

    See more
    • Amendment: SEC Form 10-K/A filed by Plug Power Inc.

      10-K/A - PLUG POWER INC (0001093691) (Filer)

      4/30/25 4:22:54 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - PLUG POWER INC (0001093691) (Filer)

      4/28/25 7:52:57 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power Inc. filed SEC Form 8-K: Other Events

      8-K - PLUG POWER INC (0001093691) (Filer)

      3/20/25 4:27:40 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy

    $PLUG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Plug Power Closes $525 Million Secured Credit Facility with Yorkville Advisors

      SLINGERLANDS, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced the initial closing of its previously announced $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded. Commensurate with establishing this facility, the company has retired $82.5 million in aggregate principal of the existing convertible debenture with Yorkville Advisors, which had approximately 55 million associated underlying shares given the conversion price, and therefore this refinancing has reduced potential dilution. The transaction

      5/6/25 7:00:00 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power Signs $525 Million Secured Credit Facility with Yorkville Advisors and Reports Strong Preliminary Q1 2025 Results

      SLINGERLANDS, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced it has signed a definitive agreement for a secured debt facility and achieved key operational and financial milestones that support its path toward profitability and long-term growth. Up to $525 Million Yorkville Credit Facility and Retirement of Dilutive Debenture Plug has signed a definitive agreement for a secured debt facility with Yorkville Advisors providing for the issuance of up to $525 million of secured debentures. The facility includes an initial $210 million tranche, which will be fully funded at the initial closing and add

      4/28/25 7:47:13 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Hidrogenii, an Olin and Plug Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in Louisiana

      Hydrogen Capture Enhances Sustainability and Profitability of Olin's St. Gabriel FacilityPlug US Hydrogen Capacity now at 40 metric-ton-per-day (TPD)CLAYTON, Mo., April 17, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that Hidrogenii, the joint venture between Olin and Plug Power Inc. (NASDAQ:PLUG), commissioned its 15 TPD hydrogen liquefaction plant in St. Gabriel, Louisiana. Among the largest electrolytic hydrogen liquefaction facilities in North America, the site marks a major milestone in strengthening the regional hydrogen supply chain and accelerating the U.S. transition to low-carbon energy.

      4/17/25 7:30:00 AM ET
      $OLN
      $PLUG
      Major Chemicals
      Industrials
      Industrial Machinery/Components
      Energy

    $PLUG
    Leadership Updates

    Live Leadership Updates

    See more
    • Plug Power Hosts 2024 Plug Symposium

      With the theme "Plug Doing Real Things," the event highlights how Plug is laying the groundwork for the next five years Plug targets ~30% CAGR for Energy and Applications businesses from 2025 to 2030 and appoints Sanjay Shrestha new President SLINGERLANDS, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in hydrogen solutions for the green hydrogen economy, is hosting its sixth annual Plug Symposium at the Company's Vista headquarters and manufacturing facility in Slingerlands, N.Y. With the theme "Plug Doing Real Things," this year's event underscores Plug's role in driving the global green hydrogen economy, showcasing its comprehensive

      11/13/24 7:00:00 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • PLUG TO BROADCAST 2024 PLUG SYMPOSIUM ON NOVEMBER 13, 2024

      SLINGERLANDS, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, invites the public to join the 2024 Plug Symposium, streaming live on November 13, 2024. The event, themed Plug Doing Real Things, will showcase Plug's advancements in real-world applications driving the green hydrogen economy. Register to Stream the Event: ●  Date: November 13, 2024 ●  Program Time: 9:00 am - 1:00 pm ET ● Register here: https://event.on24.com/wcc/r/4709318/2EB78C1AF5AAF63684C7F1DF68A30983?partnerref=CorpHomePage Participants can also register directly via the Plug Power website at www.plugpower.com. F

      11/7/24 7:00:00 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug to Announce 2024 Third Quarter Results

      SLINGERLANDS N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2024 third quarter results on Tuesday November 12, 2024. Join the call: Date: November 12, 2024Time: 8:30 AM ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1692922&tp_key=d012114e58 The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call. Plug Symposium Plug will host its 6th annual symposium on November 13th at its headquarters in

      11/4/24 8:36:21 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy

    $PLUG
    Financials

    Live finance-specific insights

    See more
    • Plug Power Closes $525 Million Secured Credit Facility with Yorkville Advisors

      SLINGERLANDS, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced the initial closing of its previously announced $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded. Commensurate with establishing this facility, the company has retired $82.5 million in aggregate principal of the existing convertible debenture with Yorkville Advisors, which had approximately 55 million associated underlying shares given the conversion price, and therefore this refinancing has reduced potential dilution. The transaction

      5/6/25 7:00:00 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power Announces Continued Cash Flow Improvement and Progress on Path to Profitability

      SLINGERLANDS, N.Y., March 03, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in the hydrogen economy, today provided an update on its strategic and operational progress and path to profitability. This past year of 2024 marked a pivotal commercial inflection point for Plug as the Company advanced its hydrogen generation platform and scaled new product offerings, such as its electrolyzer solutions. Commensurate with these strategic initiatives driving the commercial inflection point, and in response to evolving market conditions, Plug took decisive steps in 2024 to improve margins and cash flows by optimizing operations, streamlining its workforce, consolidating fac

      3/3/25 5:01:50 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Plug Power Announces Key Strategic Milestones and Continued Margin Improvement in Third Quarter 2024

      SLINGERLANDS, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its market and financial position in the industry. Financial Highlights Q3 Financial Performance: Plug reported revenue of $173.7 million in Q3 2024, representing an inflection in electrolyzer deployments, continued expansion of its internally produced hydrogen network, and increase

      11/12/24 7:00:00 AM ET
      $PLUG
      Industrial Machinery/Components
      Energy

    $PLUG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Gen. Coun, Corp Sec., Exec. VP Conway Gerard L Jr covered exercise/tax liability with 16,188 shares, decreasing direct ownership by 6% to 259,482 units (SEC Form 4)

      4 - PLUG POWER INC (0001093691) (Issuer)

      5/7/25 4:06:44 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Chief Revenue Officer Crespo Jose Luis covered exercise/tax liability with 16,689 shares, decreasing direct ownership by 5% to 307,332 units (SEC Form 4)

      4 - PLUG POWER INC (0001093691) (Issuer)

      5/7/25 4:06:17 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • Corporate Controller and CAO Hull Martin Daniel covered exercise/tax liability with 18,650 shares, decreasing direct ownership by 9% to 179,873 units (SEC Form 4)

      4 - PLUG POWER INC (0001093691) (Issuer)

      5/7/25 4:05:47 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy

    $PLUG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by Plug Power Inc.

      SC 13D/A - PLUG POWER INC (0001093691) (Subject)

      11/6/24 4:01:19 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • SEC Form SC 13G filed by Plug Power Inc.

      SC 13G - PLUG POWER INC (0001093691) (Subject)

      10/10/24 4:49:06 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy
    • SEC Form SC 13G/A filed by Plug Power Inc. (Amendment)

      SC 13G/A - PLUG POWER INC (0001093691) (Subject)

      2/13/24 5:12:07 PM ET
      $PLUG
      Industrial Machinery/Components
      Energy