Feb. 5 at 8:56 AM
$PLUG Thats right.
Under the revised Renewable Energy Directive (RED III), Europe is mandating a rapid increase in renewable hydrogen use across industry, including refining, with targets rising to 42% by 2030 and 60% by 2035. This creates a strong, structural demand signal for green hydrogen.
In this environment, sector consolidation is likely to accelerate, and a merger involving Plug Power looks increasingly probable, as industrial players seek to secure electrolyzer capacity, long-term offtake, and regulatory compliance at scale.
I wouldnt be surprised if a big company wants to add a big a stake in Plug.
