|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||29.85 - 30.50|
|52 Week Range||18.64 - 33.40|
|Beta (5Y Monthly)||0.94|
|PE Ratio (TTM)||7.49|
|Forward Dividend & Yield||2.85 (9.47%)|
|Ex-Dividend Date||Sep 08, 2022|
|1y Target Est||N/A|
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Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday. The project, announced in October 2021, is a key plank in Fortescue's ambition to become a major green energy company through its Fortescue Future Industries (FFI) arm and produce 15 million tonnes a year of green hydrogen by 2030. Fortescue had planned to build the world's biggest factory to make electrolysers with Plug Power and began construction in Gladstone in Australia's northeast last February aiming to produce their first electrolyser in 2023.