Shares of Plug Power Inc.
were rising 1.6% in premarket trading Tuesday after the alternative-energy company announced that it was part of a group of companies that got a $21.8 million grant from the European Commission to build an offshore hydrogen production plant. Plug Power will design and deliver a 10-megawatt proton exchange membrane electrolyzer system as part of HOPE , a consortium that includes nine companies. This PEM will go to a North Sea site located off a Belgian port.
were rising 1.6% in premarket trading Tuesday after the alternative-energy company announced that it was part of a group of companies that got a $21.8 million grant from the European Commission to build an offshore hydrogen production plant. Plug Power will design and deliver a 10-megawatt proton exchange membrane electrolyzer system as part of HOPE , a consortium that includes nine companies. This PEM will go to a North Sea site located off a Belgian port.