Plug Power (PLUG) said Wednesday that it has launched a spot pricing program for liquid green hydrogen and has signed spot pricing agreements with a number of customers.
The developer of fuel cell systems said the spot pricing program allows buyers to purchase liquid green hydrogen from Plug's production plants without the need for long-term take-or-pay deals.
Plug Power did not name the initial customers under the program.
Shares were 1% higher ahead of Wednesday's opening bell.
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