Sunday, November 12, 2023

Follow the money! Always!!-----Renewable Energy Meltdown Spreads: Plug Power Crashes After 'Going Concern' Warning | ZeroHedge

Renewable Energy Meltdown Spreads: Plug Power Crashes After 'Going Concern' Warning. ZeroHedge
"Shares of Plug Power, a company specializing in hydrogen and fuel-cell energy, plummeted by 30% in premarket trading in New York. 
This steep decline followed the company's third-quarter earnings report on Thursday evening, which cited "unprecedented supply challenges in the hydrogen network in North America."...
KeyBanc analyst Sangita Jain warned a potential $1.5 billion loan from the Department of Energy to relieve short-term liquidity concerns might need to be approved more quickly...

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