Plug Power has announced significant cost-cutting measures and a slowdown in hydrogen investments following $970 million in non-cash impairments. The company attributed these impairments to strategic shifts due to weaker-than-expected market demand, impacting assets like plants, equipment, and power purchase agreements.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
