OTHERAWARDED

Plug Power Secures $1.67B DOE Loan for NY Hydrogen Facilities

Plug Power received a $1.67 billion loan guarantee from the U.S. DOE to construct clean hydrogen production facilities in New York.

Status
AWARDED
Document date
January 1, 2025
Contract type
OTHER
Vendor
Plug Power
Agency
New York State Energy Research and Development Authority · NY

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TerraCycle logo
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Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$1.67 billion loan guarantee
Contract type
OTHER
Renewal date
2024-12-31
Document type
Report
Source document
NYSERDA New York Clean Energy Industry Report 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by New York State Energy Research and Development Authority?

Plug Power was awarded this government contract by New York State Energy Research and Development Authority, as recorded on January 1, 2025. The contract value is $1.67 billion loan guarantee.

How much is the Plug Power contract with New York State Energy Research and Development Authority worth?

The Plug Power contract with New York State Energy Research and Development Authority is valued at $1.67 billion loan guarantee.

What type of contract is this?

This is a government contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in NYSERDA New York Clean Energy Industry Report 2025 (Report), dated January 1, 2025 from New York State Energy Research and Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Plug Power hold?

Plug Power may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Plug Power's profile

What is New York State Energy Research and Development Authority currently buying?

Explore New York State Energy Research and Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View New York State Energy Research and Development Authority's profile

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