The recent $1.66bn loan guarantee secured by Plug Power from the US Department of Energy is set to revolutionize the landscape of hydrogen funding in the United States. Andy Marsh, the CEO of Plug Power, expressed his belief that this guarantee will open the doors for hydrogen projects to receive funding on par with wind and solar initiatives. Marsh emphasized the significance of this financial backstop not only for his company but for the entire hydrogen industry. He outlined plans to bring in equity investors and structure projects in a way that mirrors traditional renewable energy ventures. This development is viewed as a crucial step towards establishing hydrogen as a mainstream and viable energy solution in the country. The positive sentiment surrounding this loan guarantee signals a shift in perception towards hydrogen and sets the stage for further growth and investment in the sector.