Plug Power shares are up 30% right now.
“We signed an additional order in North America with a global automaker,” said CEO Andy Marsh to MarketWatch’s Sue Chang.
According to Chang, an announcement will come in two to three weeks for what she has characterised as a “major deal.”
Unfortunately, “he declined to elaborate further on specifics,” said Chang.
Peers FuelCell Energy (FCEL) and Ballard Power Systems (BLDP) are up 11% and 16%, respectively.
Fuel cells take hydrogen and turn it into electricity. Shares of the companies in this industry have been going gangbusters this year.