RE: Higher electricity costs are damaging green hydrogen shares...4 Mar 2026 08:49
Plug's market cap is 9x that of ITMs and yet; Plug are saddled with huge debts whilst ITM sit on a massive pipeline with £170million cash in the bank and FIDs now coming to fruition.
Plug are US centric. Their government is not supportive of the sector. ITMs focus is Germany, UK and Spain with more forward thinking governments that support Hydrogen.
I know where I'd rather be invested. Buy or hold.