H2-View News: Plug Power cuts costs, slows hydrogen investments after $970m impairments
Administrator2025-03-04T10:38:04+00:00The US green hydrogen tech player said it was having to temper its investment pace on “certain platforms,” make more job cuts and limit its CAPEX to near-term “critical investments.” The $971.3m in non-cash charges stem from asset impairments and bad debt provisions recorded in OPEX. Plug attributed these impairments to strategic shifts following weaker-than-expected [...]

