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Plug Power (PLUG) Expands Green Hydrogen Projects With 5MW Electrolyzer in Namibia

Plug Power Inc. (NASDAQ:PLUG) ranks among the best hydrogen and fuel cell stocks to buy for 2026. Plug Power Inc. (NASDAQ:PLUG) has commenced significant projects this month. On December 17, the company deployed a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia’s green hydrogen project at the Hydrogen Dune facility in Walvis Bay. The facility, which debuted in September, is billed as Africa’s first fully functioning commercial green hydrogen plant.

The regionally generated hydrogen is expected to fuel hydrogen-powered trucks, port and rail machinery as well as small ships that pass through the Walvis Bay Port. The facility will also offer automobiles that have been adapted on-site to run on both hydrogen and traditional fuels.

Meanwhile, on December 1, Plug Power Inc. (NASDAQ:PLUG) signed a deal to provide NASA’s Glenn Research Center and Neil A. Armstrong Test Facility with up to 218,000 kilos of liquid hydrogen. The contract, which is worth up to $2.8 million, is Plug Power’s first liquid hydrogen distribution agreement with NASA.

Plug Power Inc. (NASDAQ:PLUG) is an American company focused on building and operating green hydrogen production and distribution facilities. The company manufactures and deploys electrolyzers and fuel cells to produce green hydrogen.

While we acknowledge the potential of PLUG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLUG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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