MARKET WIRE NEWS

Plug Power to Ring the Nasdaq Stock Market Closing Bell on March 6, 2026

MWN-AI** Summary

On March 6, 2026, Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen solutions, will commemorate its achievements by ringing the NASDAQ Closing Bell at MarketSite in Times Square, New York. This ceremony not only highlights the company's strong financial performance for the full year of 2025 but also marks the official welcoming of new CEO Jose Luis Crespo, who took on his role on March 2, 2026.

Plug Power's 2025 results showcased a notable revenue increase of 12.9% year-over-year, totaling approximately $710 million. This growth was significantly influenced by rising equipment sales and robust global commercial engagement. One of the standout contributors to this success was the GenEco electrolyzers, which generated a record $187 million in revenue and possess a global sales funnel estimated at around $8 billion. The deployment of over 300 megawatts of GenEco electrolyzers across six continents further underscores the technology's widespread acceptance and operational viability.

Crespo, who previously served as President and Chief Revenue Officer at Plug, played a pivotal role in shaping the company’s sales strategy and establishing relations with major customers. His extensive experience within the company positions Plug Power for continued success as it advances the global hydrogen economy.

The Closing Bell ceremony will feature a team of Plug employees celebrating this milestone, and Crespo will have the opportunity to reflect on the company's path forward. Interested parties can follow the event via a live webcast and engage with the company through its social media channels for updates and highlights from the ceremony. For further insights, explore Plug Power’s official website or connect with media contact Teal Hoyos.

MWN-AI** Analysis

As Plug Power Inc. (NASDAQ: PLUG) prepares to celebrate its growth by ringing the Closing Bell on March 6, 2026, investors have a compelling case to analyze. The company reported a solid 12.9% increase in revenue for 2025, totaling approximately $710 million, driven primarily by robust equipment sales and enhanced global market presence.

One of the standout contributors to this growth, the GenEco electrolyzers, generated a record $187 million in revenue and boast a promising $8 billion global sales funnel. This segment's growth indicates strong demand for hydrogen solutions, positioning Plug Power as a key player in the burgeoning hydrogen economy. With over 300 megawatts of GenEco electrolyzers deployed worldwide, the company’s expanding footprint enhances its operational experience and bolsters its competitive advantage in an increasingly crowded market.

The recent appointment of Jose Luis Crespo as CEO is another positive signal for investors. Crespo's prior experience as President and Chief Revenue Officer equips him with the expertise to drive strategic initiatives and capitalize on the multi-billion-dollar sales pipeline he previously developed. His leadership is expected to foster innovative approaches to augmenting revenue growth and maintaining Plug Power’s position at the forefront of the hydrogen space.

Upcoming catalysts, such as further expansion in electrolyzer deployment and partnerships with major enterprises like Walmart and Amazon, underpin the potential for continued stock appreciation. As the hydrogen economy gains momentum, Plug Power's valuation could benefit significantly, especially as global efforts toward decarbonization intensify.

However, investors should remain cautious of market volatility and competitive pressures. Diversifying investments and keeping an eye on future earnings reports will be prudent strategies as Plug Power navigates this evolving landscape. In conclusion, the outlook appears favorable, but a careful, informed approach is advisable.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SLINGERLANDS, N.Y., March 05, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will visit the NASDAQ MarketSite in Times Square to ring the Closing Bell on Friday, March 6, 2026.

The Closing Bell ceremony celebrates Plug’s strong 2025 full-year results as well as its newly appointed CEO, Jose Luis Crespo, who officially took the helm of the company on March 2, 2026. Full-year 2025 results, announced earlier this week, detailed the company’s revenue increase of 12.9% year-over-year, ending the year at ~$710 million. This revenue improvement was driven largely by higher equipment sales volume and continued global commercial momentum. In 2025, GenEco electrolyzers contributed a record $187 million in revenue, and have an approximate $8 billion global sales funnel. Over 300 megawatts of GenEco electrolyzers have now been delivered globally and are deployed on six continents, demonstrating broad commercial adoption and operating experience.

A cross-functional team of Plug management and employees will celebrate the occasion, and new CEO, Jose Luis Crespo, will officially ring the Closing Bell. Prior to his becoming CEO, Crespo served as President and Chief Revenue Officer at Plug, where he led revenue strategy, global sales, and commercial operations across all product lines and market segments. Over his tenure, Crespo was a principal architect of a multi-billion-dollar sales pipeline and cultivated strategic relationships with major enterprise customers.

Where:
NASDAQ MarketSite
4 Times Square
43rd & Broadway
Broadcast Studio

When:
Friday, March 6, 2026
3:45 p.m. to 4:00 p.m. ET
Note to Editors: Plug Power’s new CEO, Jose Luis Crespo, will be available for interviews to speak about the company's progress and momentum. Please contact Teal Hoyos, Vice President of Marketing and Communications, to schedule an appointment.

Plug Power Media Contact:
Teal Hoyos
media@plugpower.com

Webcast:
A webcast of the NASDAQ Closing Bell will be available at:
https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

Social Media:
For photo postings and status updates from the Plug team in attendance on-site at the bell ceremony, please visit:

About Plug
Plug designs, builds, and operates a fully integrated hydrogen ecosystem spanning production, storage, delivery, and power generation—enabling the global hydrogen economy. A first mover in the industry, Plug has built its business around electrolyzers, fuel cells, and hydrogen production plants, serving customers across material handling, industrial applications, and energy markets, and advancing energy resilience and industrial decarbonization.

Plug’s GenEco electrolyzers span five continents, while more than 74,000 GenDrive fuel cell systems operate worldwide across 280+ hydrogen-powered material handling sites. Plug also operates its own hydrogen generation network to ensure a reliable, domestically produced supply. Production facilities are currently operational in Georgia, Tennessee, and Louisiana, representing a combined capacity of 40 tons per day.

With employees and state-of-the-art manufacturing facilities around the world, Plug serves global leaders including Walmart, Amazon, Home Depot, BMW, and BP.

For more information, visit www.plugpower.com.

MEDIA CONTACT
Teal Hoyos
media@plugpower.com


FAQ**

How does Plug Power Inc. (NASDAQ: PLUG) plan to leverage its 12.9% revenue growth in 2025 to enhance its position in the hydrogen economy going forward?

Plug Power Inc. plans to leverage its 12.9% revenue growth in 2025 by reinvesting in innovation, expanding its product offerings, and enhancing collaborations within the hydrogen economy to solidify its market position and drive sustainable growth.

With Jose Luis Crespo as the new CEO of Plug Power Inc. (NASDAQ: PLUG), what strategic initiatives will he implement to sustain the company’s revenue momentum?

As the new CEO of Plug Power Inc., Jose Luis Crespo is likely to focus on expanding partnerships in green hydrogen, enhancing technology for cost efficiency, and scaling production capabilities to drive revenue growth and maintain momentum in the evolving energy sector.

What specific markets or industries is Plug Power Inc. (NASDAQ: PLUG) targeting with its $8 billion global sales funnel for GenEco electrolyzers?

Plug Power Inc. (NASDAQ: PLUG) is targeting the green hydrogen generation market, focusing on sectors such as transportation, industrial applications, and energy solutions with its $8 billion global sales funnel for GenEco electrolyzers.

How does Plug Power Inc. (NASDAQ: PLUG) intend to scale its hydrogen generation network in light of increasing demand for sustainable energy solutions?

Plug Power Inc. plans to scale its hydrogen generation network by expanding production capacity, forming strategic partnerships, and leveraging innovative technologies to meet the growing demand for sustainable energy solutions.

**MWN-AI FAQ is based on asking OpenAI questions about Plug Power Inc. (NASDAQ: PLUG).

Plug Power Inc.

NASDAQ: PLUG

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