LHYFE Competitors and Similar CompaniesClear all

Plug Power's competitors and similar companies include Joi Scientific and Nel Hydrogen.

	Plug Power Plug Power is a company that provides hydrogen and fuel cell solutions.	Joi Scientific oi Scientific is a design, engineering, and systems integration firm specializing in the development of electronic circuitry components.	Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
Founding Date	Founding Date 1997	Founding Date 2012	Founding Date 1927
Type	Type Public	Type Private	Type Public
Tags	Tags Energy & Utilities energy storage hydrogen renewables	Tags Energy & Utilities hydrogen renewables	Tags Energy & Utilities energy storage hydrogen renewables
Locations	Locations Latham, US HQ	Locations Merritt Island, US HQ	Locations Oslo, NO HQ Vienna, AT Brussels, BE Santiago, CL Munich, DE Notodden, NO Porsgrunn, NO see more
Employees	Employees 3,22410% decrease	Employees 9	Employees 394
Valuation ($)	Valuation ($) 2 b	Valuation ($) N/A	Valuation ($) 702.1 m
Financial
Revenue (est.)	Revenue (est.) $709.9m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) kr963.1m (FY, 2025)
Cost of goods	Cost of goods $952m (FY, 2025)	Cost of goods N/A	Cost of goods kr400.6m (FY, 2025)
Gross profit	Gross profit ($242m) (FY, 2025)	Gross profit N/A	Gross profit kr678.2m (FY, 2025)
Net income	Net income ($1.7b) (FY, 2025)	Net income N/A	Net income (kr1.3b) (FY, 2025)
Funding
Total funding raised	Total funding raised $ 87.7m	Total funding raised $ 7m	Total funding raised $ 75m