Plug Power Reports Net Loss of $283 Million in Q3 as Hydrogen Supply Challenges Mount

The company recorded a net revenue of $198.71 million, a YoY increase of 5.3%

November 14, 2023

/ Markets & Policy, Other, Renewable Energy

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Plug Power, a U.S.-based hydrogen fuel cell company, recorded a net loss of $283.48 million during the third quarter (Q3) of the financial year (FY) 2023, a year-over-year (YoY) increase in losses by 66% from $170.76 million.

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Gautamee Hazarika

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Plug Power Reports Net Loss of $283 Million in Q3 as Hydrogen Supply Challenges Mount

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