Plug Power Inc., a global leader in hydrogen solutions, announced its strong performance in Q3 2024, with revenue reaching $173.7 million. The company showcased growth in electrolyzer deployments, internal hydrogen network expansion, and improved operating cash flows. While facing a gross margin loss, Plug recorded a lower net loss of $211.2 million, attributing it to strategic investments. Operational highlights included a significant increase in electrolyzer sales, with a 285% growth QoQ, and the partnership with Energy Vault for an 8 MW hydrogen fuel cell system in California. Plug Power received DOE support and aims for 2024 revenue between $700 million and $800 million. CEO Andy Marsh emphasized Plug's commitment to a sustainable hydrogen future through advancements in hydrogen production and market expansion.