Plug Power Inc. (NASDAQ:PLUG) signs a letter of intent with Hy2gen to supply a 5MW proton exchange membrane electrolyzer for the Sunrhyse green hydrogen production project in France. The agreement includes hydrogen transport and distribution services. H.C. Wainwright reaffirms a Buy rating on Plug Power stock with a $7 price target. Plug Power is an American company focused on green hydrogen production and distribution facilities.

Read more at Yahoo Finance: Plug Power (PLUG) Signs LOI with Hy2gen for 5MW Electrolyzer in France