Plug Power Signs 280MW Electrolyzer Supply Deal With Arcadia eFuels for Denmark Project

Plug Power Inc. (PLUG) announced a 280-megawatt GenEco electrolyzer supply agreement with Arcadia eFuels for Project ENDOR in Denmark on September 29, 2026. The deal positions Plug as preferred supplier for four additional Arcadia projects across Europe and the Americas, representing over 1 GW of potential capacity. Deliveries will commence upon issuance of a notice to proceed, following three years of joint engineering work. Arcadia will receive priority access to Plug's manufacturing capacity as projects advance. Plug shares rose 2.42 percent to $1.9050 on the Nasdaq.