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Plug Power stock retreats after posting record hydrogen output from Georgia plant

Plug Power stock surges after record output from Georgia hydrogen plant
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Nasdaq-listed Plug Power reported that its Georgia green hydrogen production facility achieved its highest monthly output to date, the company said in a press release. The plant delivered 324 metric tons of green hydrogen in August 2025, with 97% uptime and 99.7% availability. The company also hosted an investor tour of the Georgia facility that same day for institutional investors, focusing on operational transparency.

News of Plug crushing these milestones sent its stock soaring by about 10% in pre-market trading, touching highs of $3.15, to eventually retreat during trading hours on Tuesday. This came amid strong investor interest likely driven by the validation of its GenEco electrolyzer technology, which plays a central role in its green hydrogen production strategy.

Stock performance history

Looking at recent stock performance, Plug Power has been under pressure before it began a strong upward run in early September. Just before the latest gain, the stock had already rallied sharply over several sessions. On September 22, 2025, the stock rose over 21% to nearly $2.65, but that was still away from its 52-week high of around $3.32.

Plug Power stock retreats after posting record hydrogen output from Georgia plant

Source: Yahoo Finance

This production record helps strengthen confidence among investors that Plug Power can improve the reliability and scale of its green hydrogen operations. The Georgia facility’s high availability metrics (uptime, availability) are especially meaningful, because technical and operational reliability have often been concern areas. On the other hand, even with this output boost, the size of revenue contribution from one plant remains modest relative to the company’s losses and obligations.

Plug is building the global hydrogen economy with a fully integrated ecosystem. It provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications, and energy producers. Some of its clients include heavyweights like Walmart, Amazon, Home Depot, BMW, and BP.

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