Plug Power Resolves ‘Going Concern’ Doubts as 2023 Revenues Increase by 27%
The company aims to significantly reduce costs in 2024 to bolster liquidity
March 7, 2024
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Plug Power, a U.S.-based hydrogen fuel cell company, reported a revenue of $891 million for 2023, up 27% from the prior year, allaying fears about its ability to continue operations.