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Hunterbrook Capital, a hedge fund that is short Plug Power stock, has been critical of the company and said Plug could go bankrupt in a year if a Department of Energy loan didn't come through.
Put simply, Plug Power is a promising company but a terrible investment. A future powered by hydrogen remains far away -- but its mounting losses are a reality today.
VC and PE firms alike have deployed more capital into global companies making, moving or using hydrogen—or planning to do so—in 2022 than any prior year. And on the venture side, total deal ...
The merged company was to be called ReNew Energy Global PLC and listed on NASDAQ. ReNew was listed on the NASDAQ on 24 August 2021 under the symbol ‘RNW’. [23] In 2023, Norway’s Climate Investment Fund managed by Norfund along with pension fund KLP invested Rs. 900 million in ReNew’s transmission project in Karnataka. [20]
The company was founded in 2008. [1] After Global X was established in 2008 it brought to market its first ETF in February 2009. The firm focused on previously unexplored ETF strategies in the subsequent years, launching a range of first-to-market single-country ETFs and commodity funds.
ITM Power plc is an energy storage and clean fuel company founded in the UK in 2001. It designs, manufactures, and integrates electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen using renewable electricity and tap water. Hydrogen produced via electrolysis is used for mobility, Power-to-X, and industry.
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