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Plug Power sues hydrogen supplier Air Products for alleged price gouging, breach of contract
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Plug Power revenue projections spike with GM contract, joint ventures
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A member of The Motley Fool since 2006, Scott began contributing content in 2013. His focus includes renewable energy, gold, and water utilities. Follow him on Twitter. . .
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In a year that has seen impressive rises in several renewable energy stocks, the more than 1,000% rise in the stock of fuel cell supplier
Plug Power (NASDAQ:PLUG) has been astonishing. And to think shareholders probably began 2020 hoping for the stock to perform similarly to the 155% gain it had in 2019.
But how about the coming year? Investors who had been watching Plug s story play out from the sidelines this year are likely wondering if it s too late to pick up shares or if the stock is headed for even greater heights in the coming months. Let s take a look at what drove the stock higher in 2020 and what investors can expect in 2021.